Interesting article about Lowes Canada struggles. Article is in French but Google translate works well here are some interesting takeaways in English
"They have often claimed that Rona pulls Lowe's down, but it's wrong! He swears."
"Since the beginning of the year, the decline in goodwill at Lowe's stores has been "substantial" and the brand, which is not present in Quebec, has posted a "sharp drop in sales", according to our source. We are talking about sales declines in "double digits", a result such as Rona and Reno-Depot, yet in large numbers in the country, can not compensate"
Two former executives of the retailer also say that the problems are also explained by the excessive frequency of major balances: days without taxes, "scratchy", 20% discount on the purchase of $ 450 or more, etc. This circular-driven strategy attracts customers, but melts margins.
"When you start selling a lot, you can not stop. Consumers come to buy nothing at the regular price. [...] It was a short-term vision, "says one of our sources, adding that Home Depot has instead worked to create the perception that its prices are always the best."
Link to article: https://www.lapresse.ca/affaires/entreprises/201910/10/01-5244956-difficultes-de-lowes-au-canada-et-si-ce-netait-pas-rona-le-probleme.php