Posts by Care9920

Lowe’s Announces Sale of Canadian Retail Business to Sycamore Partners

Posted by on Nov 7, 2022 in Featured | Comments Off on Lowe’s Announces Sale of Canadian Retail Business to Sycamore Partners

Lowe’s Companies, Inc. (NYSE: LOW) announced that it has entered into a definitive agreement to sell its Canadian retail business to Sycamore Partners, a private equity firm specializing in retail, consumer and distribution-related investments, for $400 million in cash, and performance-based deferred consideration. Based in Boucherville, Quebec, Lowe’s Canadian retail business operates or services approximately 450 corporate and independent affiliate dealer stores in a number of complementary formats under different banners, which include, Lowe’s, RONA, Réno-Dépôt and Dick’s Lumber. “The...

Read More

LBMAO Announces New President

Posted by on Nov 3, 2022 in Featured | Comments Off on LBMAO Announces New President

After 20 years of service to the industry and association, David Campbell has stepped down as President of the LBMAO effective November 1, 2022. The Board of Directors of the Association commissioned a search to replace Dave in early spring and after a thorough vetting of candidates, Trevor Small has been selected to replace Dave as the President of the Association. Trevor brings considerable industry experience to the position having grown up in the family building supply business and as an owner operator of a building supply business in Bowmanville, Ontario.  Trevor also has worked in the...

Read More

The LBMAO Announces Dynamic New App

Posted by on Nov 1, 2021 in Featured | Comments Off on The LBMAO Announces Dynamic New App

The LBMAO is pleased to announce the rollout of a new app to replace their annual printed directory.  For years the LBMAO directory has been a trusted tool for members, sales representatives, and other key industry players for searching out retailers throughout the province, as well as sourcing products for retailers. Early in the year the board of directors commissioned a search for a developer to produce an app to replace the current printed directory. We determined that the app directory would need to be customized to meet the needs of our members; and the amount of data that we have in...

Read More

September 30: Truth & Reconciliation Day

Posted by on Sep 30, 2021 in Featured | Comments Off on September 30: Truth & Reconciliation Day

On behalf of the Board of Directors and members of the LBMAO, we would like to extend our deepest sympathies to all those affected by the horrible treatment of indigenous children who attended the residential school system in Canada. Our thoughts are with the survivors and their families on this special day of remembrance. ORANGE SHIRT DAY Orange Shirt Day is an Indigenous-led grassroots commemorative day that honours the children who survived Indian Residential Schools and remembers those who did not. This day relates to the experience of Phyllis Webstad, a Northern Secwpemc (Shuswap) from...

Read More

Ontario’s Vaccine Passport Guidelines

Posted by on Sep 20, 2021 in Featured | Comments Off on Ontario’s Vaccine Passport Guidelines

© Provided by Narcity As of September 22, Ontario vaccine certificates will officially come into effect across the province. This means that residents will need to show proof of vaccination to get into multiple establishments including restaurants and gyms. Where do I need to show my vaccine certificate? The Ontario government announced that residents will need to be fully vaccinated for at least 14 days before being able to enter multiple indoor establishments. These spaces include: • any indoor spaces for concerts, cinema, theatres • indoor restaurants, bars and other food establishments •...

Read More