RONA-Lowe’s recent closures and layoffs

Hardware store chain Lowe's announced Wednesday, November 20, a major restructuring that will shutter 34 of its stores across the country. Lowe's currently owns 67 stores in Canada, as well as 21 Réno-Dépôt stores and just over 400 Rona outlets, in addition to 100 stores under other banners. (CBC News)

Here is an expert from McGill University that can provide comment on this issue:

Karl Moore, Associate Professor, Desautels School of Management

"It is part of what we broadly see in the retail sector in Canada, a shifting to online and fewer brick and mortar stores."

Karl Moore joined McGill's Faculty of Management in 2000, where he teaches graduate courses in globalization and leadership. He has taught extensively in executive education and MBA programs with leading universities including Oxford, Cambridge, Darden, Cornell, Duke, Queen's, McGill and many more. An experienced senior corporate manager prior to joining academia, Prof. Moore worked 12 years in sales and marketing management positions in the high-tech industry with IBM, Bull and Hitachi.

karl.moore [at] mcgill.ca (English)