Lowe’s to close 51 stores in North America
Lowe’s Companies, Inc. announced the wind-down of certain underperforming store locations as part of its ongoing strategic reassessment. The company will focus on its most profitable stores and improve the overall health of its store portfolio. In the U.S. Lowe’s will close 20 stores. Most associates at these stores will be extended opportunities to transition to a similar role at a nearby Lowe’s store. The majority of impacted stores are located within 10 miles of another Lowe’s store. In Canada another 31 stores and other locations will be ...
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