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A RONA outlet. The Quebec-based chain is the target of a takeover bid by U.S. based Lowe’s.
A RONA outlet. The Quebec-based chain is the target of a takeover bid by U.S. based Lowe’s.
(Fred Lum/Fred Lum/The Globe and Mail)

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Rona’s hopeful investors are in for long slog

How long will a Rona recovery take?

For the investors that remain committed to Rona Inc. – I’m looking at you Caisse de dépôt et placement du Québec – this is the crucial question. Even if you buy into the strategy to focus on smaller stores, you have to wonder, how many quarters will it take to bear fruit?