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Lowe’s closing three stores in bi-state market

Lowe’s Companies Inc. is closing three stores in the Greater St. Louis area, including one in Granite City, as part of what the company calls a “wind-down” of certain underperforming store locations as part of its ongoing strategic reassessment.

loweslogoTo focus on its most profitable stores and improve the overall health of its store portfolio, the company will:

– Close 20 U.S. stores. Most associates at these stores will be extended opportunities to transition to a similar role at a nearby Lowe’s store. The majority of impacted stores are located within 10 miles of another Lowe’s store.

– Close 31 Canadian stores and other locations.

Lowe’s expects to close the impacted stores by the end of the company’s 2018 fiscal year (Feb. 1, 2019). To facilitate an orderly wind-down, the company intends to conduct store closing sales for most of the impacted locations with the exception of select stores in the U.S., which will close immediately. Lowe’s has partnered with Hilco Merchant Services to help manage the process in the U.S. and ensure a seamless experience for customers.

The expected financial impact of today’s announcement of $0.28 to $0.34 per diluted share was not contemplated in the business outlook for fiscal 2018 which the company provided on Aug. 22 when it released its second quarter earnings. Additional details regarding the impact of the store closings will be provided in the next quarterly earnings release on Nov. 20.  

Below is a list of store locations in the U.S. and Canada that will be closing, per an announcement earlier today.

U.S.

Alabama

Lowe’s of Graysville, AL (Store #3039)
1100 Bankhead Hwy SW
Graysville, AL 35073

California

Lowe’s of Aliso Viejo, CA (Store #1900)
26501 Aliso Creek Rd
Aliso Viejo, CA 92656
Lowe’s of Irvine, CA (Store #769)
13300 Jamboree Rd
Irvine, CA 92602
Lowe’s of South San Francisco, CA (Store #2452)
720 Dubuque Ave
South San Francisco, CA 94080
Lowe’s of Central San Jose, CA (Store 2842)
750 Newhall Dr
San Jose, CA 95110

Connecticut

Lowe’s of Orange, CT (Store #621)
48 Boston Post Rd
Orange, CT 06477

Illinois

Lowe’s of Granite City, IL (Store #3028)
1333 Schaefer Rd
Granite City, IL 62040

Lowe’s of Gurnee, IL (Store #1829)
7735 Grand Ave
Gurnee, IL 60031

Indiana

Lowe’s of Portage, IN (Store #1778)
6221 US Hwy 6
Portage, IN 46368

Louisiana

Lowe’s of E. New Orleans, LA (Store #2690)
5770 Read Blvd
New Orleans, LA 70127

Massachusetts

Lowe’s of Quincy, MA (Store #2267)
599 Thomas Burgin Pkwy
Quincy, MA 02169

Michigan

Lowe’s of Burton, MI (Store #761)
4274 E Court St
Burton, MI 48509
Lowe’s of Flint, MI (Store #669)
2100 T.A. Mansour Blvd
Flint, MI 48532

Minnesota

Lowe’s of Mankato, MN (Store #2855)
2015 Bassett Dr
Mankato, MN 56001

Missouri

Lowe’s of Bridgeton, MO (Store #2299)
11974 Paul Mayer Ave
Bridgeton, MO 63044

Lowe’s of Florissant, MO (Store #748)
3180 N Hwy 67
Florissant, MO 63033

New York

Lowe’s of Manhattan – Upper West Side (Store #3292)
2008 Broadway
New York, NY 10023
Lowe’s of Manhattan – Chelsea (Store #3293)
635-641 6th Ave
New York, NY 10011

Pennsylvania

Lowe’s of Shippensburg, PA (Store #2816)
250 South Conestoga Dr
Shippensburg, PA 17257

Texas

Lowe’s of Irving, TX (Store #1811)
3500 W Airport Fwy
Irving, TX 75062

Canada

British Columbia

RONA Columbia Square (Store #61580)
105-1015 Columbia Street, New Westminister

Alberta

RONA Calgary (Douglasdale, Store #62520)
11520 – 24th Street SE, Calgary
Reno-Depot Calgary West (Store #62880)
12330 Symons Valley Road NW, Calgary

Ontario

RONA Mississauga (Westdale Mall, Store #55430)
1133 Dundas Street West, Mississauga
RONA Mississauga (Lakeshore, Store #55390)
1692 Lakeshore Rd, Mississauga
RONA Sault Ste. Marie (Store #33640)
132 Black Road, Sault Ste. Marie
RONA Sudbury (Store #33020)
943 Barry Downe Road, Sudbury
RONA Peterborough (Store #55520)
1575 Chemong Road, Peterborough
RONA Kingston (Bath Road, Store #55310)
1452 Bath Road, Kingston
RONA Lakefield (Store #33140)
178 Water Street, Lakefield
Lowe’s North York – Centerpoint (Store #3320)
6600 Yonge Street, North York
Lowe’s Sault Ste. Marie (Store #3276)
248 Northern Avenue, Sault Ste. Marie

Québec

RONA Ste-Clotilde (Store #44000)
335, Route 209, Sainte-Clotilde-de-Chateauguay
RONA Iberville (Store #44110)
870, boulevard d’Iberville, Saint-Jean-sur-Richelieu
RONA L’Assomption (Store #44070)
723, boulevard L’Ange-Gardien, L’Assomption
RONA Granby Moeller (Store #44060)
788, rue Moeller, Grandby
RONA Ste-Rose (Store #44040)
134, boulevard Sainte-Rose, Laval
RONA Rivière-des-Prairies (Store #43250)
9200, boulevard Maurice-Duplessis, Montréal
RONA Rouyn-Noranda (Store #43270)
1200, rue Mantha, Rouyn-Noranda
RONA Ange-Gardien (Store #43070)
194, rue Principale, Ange-Gardien
RONA Saint-Elzéar (Store #43290)
100, rue du Parc Industriel, Saint Elzéar

Newfoundland

RONA Conception Bay South (Killigrews, Store #22040)
825 Conception Bay Hwy, Conception Bay
RONA Goulds (Store #22030)
53-59 Main Highway, Goulds
RONA St. John’s (Topsail, Store #22010)
1297 Topsail Road, St. John’s
RONA St. John’s (O’Leary, Store #22070)
60 O’Leary Avenue, St. John’s
RONA St. John’s (Torbay, Store #22130)
710 Torbay Road, St. John’s
RONA Bay Roberts (Store #22120)
239 Conception Bay, Bay Roberts

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