"Canadian home-improvement powerhouse Rona Inc. has just under two years to round out its retail portfolio and secure a vise-like grip on customer loyalty if it wants to avert a takeover by American Lowe's Cos. Inc., retail analysts say.
The Mooresville, N.C.-based retailer has confirmed it will open six to 10 stores in the Greater Toronto Area starting in 2007, laying the foundations for a cross-Canada presence that could eventually include acquisitions."
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