Home Development Lowes Looking to Expand Into Winnipeg

Lowes Looking to Expand Into Winnipeg

U.S. hardware chain, Lowes, is looking to open up shop in Winnipeg and give Home Depot and RONA a run for their money. They have submitted a plan to city hall to build a store west of IKEA as part of the Seasons of Tuxedo development.

The news comes after Lowes failed to buy-out Canadian hardware chain RONA. The move to open retail shops in large markets could be a tactic to put pressure on RONA to accept a second offer when it comes. Opening a Lowes in Canada would definitely drive prices down for consumers – but unfortunate it means another U.S. chain is taking our hard earned Canadian dollars. [CTV WINNIPEG]

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