You can now add home improvement chain Lowe’s to the list of stores closing locations around the country. Joining retailers like JCPenney, Sears and Victoria’s Secret, Lowe’s has announced the closure of 51 stores, including 20 in the U.S. The locations closing are not performing as well as others, and the majority are within 10 miles of another Lowe’s.
Lowe’s expects the closures to take effect by Feb. 1, 2019. Most of these locations will have store-closing sales, with the exception of some U.S. stores that are closing immediately.
Lowe’s currently operates more than 2,000 stores in the U.S., Canada and Mexico, and employs more than 310,000 people. Most associates at the closing stores will be given the option to transfer to another store location.
“While decisions that impact our associates are never easy, the store closures are a necessary step in our strategic reassessment as we focus on building a stronger business,” Marvin R. Ellison, president and CEO of Lowe’s, said in a press release. “We believe our people are the foundation of our business and essential to our future growth, and we are making every effort to transition impacted associates to nearby Lowe’s stores.”
Here is the full list of U.S. Lowe’s stores that will be closing, either immediately or early next year:
Alabama
Graysville
1100 Bankhead Highway SW
California
Aliso Viejo
26501 Aliso Creek Road
Irvine
13300 Jamboree Road
South San Francisco
720 Dubuque Ave.
San Jose
750 Newhall Dr.
Connecticut
Orange
48 Boston Post Road
Illinois
Granite City
1333 Schaefer Road
Gurnee
7735 Grand Ave.
Indiana
Portage
6221 U.S. Highway 6
Louisiana
New Orleans
5770 Read Blvd.
Massachusetts
Quincy
599 Thomas Burgin Parkway
Michigan
Burton
4274 E. Court St.
Flint
2100 T.A. Mansour Blvd.
Minnesota
Mankato
2015 Bassett Dr.
Missouri
Bridgeton
11974 Paul Mayer Ave.
Florissant
3180 N. U.S. Highway 67
New York
Manhattan – Upper West Side
2008 Broadway
Manhattan – Chelsea
635-641 Sixth Ave.
Pennsylvania
Shippensburg
250 South Conestoga Dr.
Texas
Irving
3500 W. Airport Freeway
Other Store Closures
In June, Sears announced it would close an additional 63 of its Sears and Kmart stores, adding to the 400 that had already been closed. At the time, the company had a total of 894 left, including the 63 slated for closure.
And in August, Victoria’s Secret announced the locations for 20 stores that would be closing, adding to the growing list of stores that are closing brick-and-mortar locations (or entirely), including Blockbuster, Bon Ton, Gymboree, Ann Taylor, Lane Bryant, Dress Barn, Justice and JCPenney.
Are any of your local stores on these lists?
[H/T Simplmost]