51 Lowe's Home Improvement Stores in the USA and Canada closing

[giantsfan2016]

Lowe's is closing 51 of their under performing stores in the USA and Canada including the one in Orange, Connecticut.

https://www.nbcconnecticut.com/news/local/Lowes-Closings-Stores-Including-1-in-Connecticut-499647031.html

The list: https://newsroom.lowes.com/inside-lowes/lowes-store-closures-2018/

[TheFugitive]

Interesting.  The bulk of the closures appear to be in Canada.

Two closing in Flint, Michigan.  Not surprising.

[Zayre88]

Some people in Canada try to blame Lowe's takeover of the Rona chain for these closings... to me they're just closing a small number unprofitable stores that's all.

[retailisking]

Some people in Canada try to blame Lowe's takeover of the Rona chain for these closings... to me they're just closing a small number unprofitable stores that's all.

Newfoundland and Labrador was hit hard - all of the corporate Rona locations there are closing. These Ronas were the former Chester Dawe stores (and its truss plant, which Lowe's is also closing.)
https://www.cbc.ca/news/business/lowes-rona-closures-1.4892055

[scottw73]

Lowe's is closing 51 of their under performing stores in the USA and Canada including the one in Orange, Connecticut.

https://www.nbcconnecticut.com/news/local/Lowes-Closings-Stores-Including-1-in-Connecticut-499647031.html

The list: https://newsroom.lowes.com/inside-lowes/lowes-store-closures-2018/

The Orange closure doesn't surprise me at all, that area is on the far end of the post road and is set back from the road quite a bit, the Sam's club closed a while back and the only other 2 stores are Best Buy and Target, plus there is already a Lowes where the old Jai Lai fronton was, not sure what could go in that space, perhaps it could be subdivided into 2 or more stores.

[TheFugitive]

Some people in Canada try to blame Lowe's takeover of the Rona chain for these closings... to me they're just closing a small number unprofitable stores that's all.

Newfoundland and Labrador was hit hard - all of the corporate Rona locations there are closing. These Ronas were the former Chester Dawe stores (and its truss plant, which Lowe's is also closing.)
https://www.cbc.ca/news/business/lowes-rona-closures-1.4892055

Those provinces have long been known for having a scuffling economy.  I think the poverty rate there is higher than in any other part of Canada.