Lowe's completes Orchard Supply deal
Staff Staff -- Home Textiles Today, September 3, 2013
Mooresville, N.C. - Home improvement retailer Lowe's has wrapped up its $205 million acquisition of Orchard Supply Hardware, including most of its assets and 72 stores.
Although Orchard will continue to operate as a standalone business, ownership expands Lowe's penetration in California and gives the big-box retailer experience with a small-format, neighborhood-based operation.
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