Réno-Dépôt
Encyclopedia
Réno-Dépôt is a big box chain of hardware stores located in Quebec
which specialise in the distribution (business)
and sale
of renovation
products and hardware
.
products and hardware
to home owners and home builders. Surfing on the wave of housing renovations in Quebec, their success can be attributed by the fact that their stores are warehouse styled for large market areas. Their competitor in Québec is Home Depot, since they are owned by Rona. They are very competitive with their Réno-Dépôt banners. There are 18 large surface stores in Québec.
Providing service throughout Quebec, the company has 18 warehouses which employ persons. There head office
is located in Boucherville, Quebec
.
stores, located in Québec. In 1992, Groupe Val Royal, with its partner Aikenhead’s, a division of the Molson Companies, announced the creation of Réno-Dépôt warehouse stores. The first location opened in Brossard
. After the Brossard store, Montréal welcomed its first branch location in August 1993, in Anjou. In 1994, two other stores opened their doors: Laval and Point-Claire, followed by Marché Central (Montréal) and Québec in 1995. That same year, the company changed its name to Réno-Dépôt. In 1996, a new location was established in Saint-Hubert.
In 1997, the two majority shareholders of Réno-Dépôt Inc., the Michaud family and Molson Companies Limited, sold their interest in the company to the French group Castorama S.A. In 1998, the British group Kingfisher PLC
acquired a large block of shares from the Castorama S.A. group
to become the majority shareholder. In 1999, Réno-Dépôt opened a location in LaSalle and, the following year, entered the Ontario market by inaugurating the first stores under its new banner, The Building Box. In 2003, Rona
acquired Réno-Dépôt Inc. from the British multinational Kingfisher PLC. The Building Box stores in Ontario became RONA Home & Garden.
Quebec
Quebec or is a province in east-central Canada. It is the only Canadian province with a predominantly French-speaking population and the only one whose sole official language is French at the provincial level....
which specialise in the distribution (business)
Distribution (business)
Product distribution is one of the four elements of the marketing mix. An organization or set of organizations involved in the process of making a product or service available for use or consumption by a consumer or business user.The other three parts of the marketing mix are product, pricing,...
and sale
Sale
Sale may refer to:* Sales * Sale, discounts and allowances in the prices of goods, such as:**Fire sale, a drastic discount in prices**Loan sale, a sale under contract of all or part of the cash stream from a specific loan...
of renovation
Renovation
Renovation is the process of improving a structure. Two prominent types of renovations are commercial and residential.-Process:The process of a renovation, however complex, can usually be broken down into several processes...
products and hardware
Hardware
Hardware is a general term for equipment such as keys, locks, hinges, latches, handles, wire, chains, plumbing supplies, tools, utensils, cutlery and machine parts. Household hardware is typically sold in hardware stores....
.
Description
The company distributes and sells renovationRenovation
Renovation is the process of improving a structure. Two prominent types of renovations are commercial and residential.-Process:The process of a renovation, however complex, can usually be broken down into several processes...
products and hardware
Hardware
Hardware is a general term for equipment such as keys, locks, hinges, latches, handles, wire, chains, plumbing supplies, tools, utensils, cutlery and machine parts. Household hardware is typically sold in hardware stores....
to home owners and home builders. Surfing on the wave of housing renovations in Quebec, their success can be attributed by the fact that their stores are warehouse styled for large market areas. Their competitor in Québec is Home Depot, since they are owned by Rona. They are very competitive with their Réno-Dépôt banners. There are 18 large surface stores in Québec.
Providing service throughout Quebec, the company has 18 warehouses which employ persons. There head office
Head Office
Head Office is a 1985 American comedy film, produced by HBO Pictures in association with Silver Screen Partners. It stars Judge Reinhold, Eddie Albert, Lori-Nan Engler, Jane Seymour, Richard Masur, Michael O'Donoghue, Ron Frazier, Merritt Butrick and was directed and written by Ken...
is located in Boucherville, Quebec
Quebec
Quebec or is a province in east-central Canada. It is the only Canadian province with a predominantly French-speaking population and the only one whose sole official language is French at the provincial level....
.
History
In 1987, Groupe Val Royal entered into a strategic agreement with the Molson Companies and acquired the Castor BricoleurBeaver Lumber
Beaver Lumber was a Canadian building supply chain owned by Molson. It was once Canada's fourth largest building supply chain with 138 stores. In 2000 it was purchased by Home Hardware, a cooperative of over 1000 independent Canadian hardware stores...
stores, located in Québec. In 1992, Groupe Val Royal, with its partner Aikenhead’s, a division of the Molson Companies, announced the creation of Réno-Dépôt warehouse stores. The first location opened in Brossard
Brossard
Brossard is a suburban area, located on the south shore of the Saint Lawrence River, opposite the island and city of Montreal.Brossard is subdivided into many smaller sections. These sections are characterized by having street names that all begin with the same letter of the alphabet...
. After the Brossard store, Montréal welcomed its first branch location in August 1993, in Anjou. In 1994, two other stores opened their doors: Laval and Point-Claire, followed by Marché Central (Montréal) and Québec in 1995. That same year, the company changed its name to Réno-Dépôt. In 1996, a new location was established in Saint-Hubert.
In 1997, the two majority shareholders of Réno-Dépôt Inc., the Michaud family and Molson Companies Limited, sold their interest in the company to the French group Castorama S.A. In 1998, the British group Kingfisher PLC
Kingfisher plc
Kingfisher plc is a multinational retailing company headquartered in London, United Kingdom. It is the largest home improvement retailer in Europe and the third-largest in the world...
acquired a large block of shares from the Castorama S.A. group
Castorama
Castorama is a French retailer of DIY and home improvement tools and supplies. It has its head office in Templemars.The company became a subsidiary of Kingfisher plc in 1998, along with Castorama's own subsidiary Brico Dépôt. Some outlets have been converted or relocated under the Brico Dépôt DIY...
to become the majority shareholder. In 1999, Réno-Dépôt opened a location in LaSalle and, the following year, entered the Ontario market by inaugurating the first stores under its new banner, The Building Box. In 2003, Rona
Rona (company)
Rona Inc. is a Canadian distributor and retailer of hardware, home improvement and gardening products. Rona was founded in 1939. Rona operates a network of some 700 stores and is the leading distributor and retailer in its market with approximately 51,594 employees. The Rona network represents...
acquired Réno-Dépôt Inc. from the British multinational Kingfisher PLC. The Building Box stores in Ontario became RONA Home & Garden.