Lowe's to hit Boston area with 25 units

WILKESBORO, NC -The home improvement retailer Lowe's plans to blanket the Boston area with 25 locations over the next five years, as well as beef up penetration in other Northeastern locations.

In the midst of the most aggressive expansion in its 55-year history, the company plans to invest approximately $1.3 billion in the Northeast over the next five years, $430 million of it in the Boston area. This year, Lowe's plans to add 115 to 125 stores to its more than 650 store base.

The first store will open Feb. 24 in Danvers, MA. A Brockton, MA, store will open this summer and others in Worcester and North Attleboro are being built.

Lowe's currently has two locations in Massachusetts.

In addition, Lowe's will debut in the New York metro area with the opening of a North Bergen, NJ, store this spring, as will its first Rhode Island store, in Woonsocket.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

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HTT August 2017

See the August 2017 issue of Home & Textiles Today. In this issue, we look at the Top 50 Retailing Giants Report, plus Manufacturing: Made in the USA gaining ground; International: Portugal ramping up exports; New products: NY Now home textiles introductions; Outlook: Commentary from H&TT's editors; and Planning: Trade show calendar.

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