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Strategies & Market Trends : Ride the Tiger with CD
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To: Rocket Red who wrote (213906)4/3/2012 9:36:30 PM
From: cole steel  Read Replies (3) of 314028
 
If the offer is right they'll reconsider the "We're not for Sale" murmer.

"Lowe’s spokeswoman Chris Ahearn said that, while the CFO did talk on Tuesday about the retailer’s intention to continue to expand its business in Canada, he “did not speculate as to how we may grow. He did say Rona was a very interesting company with many attractive qualities.”Lowe's, of Mooresville, N.C., plans to operate as many as 100 stores in Canada in the future, she said.

With just 31 big-box stores in Canada today, Lowe’s has struggled to increase its footprint in this country since arriving in late 2007. At the same time, Rona has suffered weak financial results as it grappled with the recession and a slow recovery."

theglobeandmail.com
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