Lowe's Shuttering 20 Stores
Home & Textiles Today Staff -- Home Textiles Today, November 25, 2011
MOORESVILLE, N.C - Lowe's is closing 20 underperforming stores in 15 states and said it will open 10-15 North American stores per year going forward as opposed to a previous pace of about 30 openings annually.
Ten of the targeted locations are already out of business. The closings are taking place in California, Colorado, Illinois, Louisiana, Massachusetts, Maine, Michigan, Minnesota, New Hampshire, New Jersey, New York, Rhode Island, Virginia, Washington and Wisconsin.
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