• Home
  • About Us
  • Subscribe
  • Advertise
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • News
    • Latest News
    • Real Estate & Construction
    • Q&A
    • Business Profiles
    • Networking
    • Public Record
    • Opinion
      • Our View
    • Energy
    • Healthcare
    • Hanford
    • Education & Training
  • Real Estate & Construction
    • Latest News
    • Top Properties
    • Building Permits
    • Building Tri-Cities
  • Special Publications
    • Book of Lists
    • Best Places to Work
    • People of Influence
    • Young Professionals
    • Hanford
    • Energy
    • Focus: Agriculture + Viticulture
    • Focus: Construction + Real Estate
  • E-Edition
  • Calendar
    • Calendar
    • Submit an Event
  • Sponsored Content
  • Journal Events
    • Senior Times Expo
    • Young Professionals
      • Sponsor Young Professionals
    • Best Places to Work
      • Sponsor BPTW
    • People of Influence
      • Sponsor People of Influence
  • Senior Times
    • About Senior Times
    • Read Senior Times Stories
    • Senior Times Expo
    • Obituaries and Death Notices
Home » Local News » Lowe’s to close 51 underperforming stores in U.S., Canada

Lowe’s to close 51 underperforming stores in U.S., Canada

Lowe’s has announced the closure of 20 underperforming stores across the U.S. and 31 in Canada. (Courtesy Lowe's)
November 5, 2018
TCAJOB Staff

Lowe’s has announced plans to close 20 underperforming stores across the U.S. and 31 in Canada.

But don’t fear Tri-Citians, the Kennewick and Pasco home improvement stores are safe for now.

Washington state’s 35 Lowe’s stores are not included on the Nov. 5 closure list.

Lowe’s expects to close the 51 stores by the end of the company’s 2018 fiscal year, which is Feb. 1, 2019.

To facilitate an orderly wind-down, the company said it intends to conduct store closing sales for most of the locations with the exception of select stores in the U.S., which will close immediately.

Most associates at the closing stores will be extended opportunities to move to a similar role at a nearby Lowe’s store. The majority of the affected stores are located within 10 miles of another Lowe’s store, according to the company.

The company’s fiscal year 2017 sales totaled $68.6 billion and its related businesses operate or service more than 2,390 home improvement and hardware stores and employ more than 310,000 people. The Mooresville, North Carolina-based company was founded in 1946.

 

    Local News
    KEYWORDS november 2018
    Job staff
    TCAJOB Staff

    Think you could survive any disaster? Prove it and you could win a bunker

    More from this author

    Stay Informed. It’s Free.

    Subscribe to our newsletters and get the latest news and insights delivered to your inbox.

    Choose the newsletters you’d like to receive:
    Please select at least one newsletter.

    We respect your privacy.
    Unsubscribe anytime.

    Thank you!

    You’re subscribed. Keep an eye on your inbox for the latest updates.

    Featured Poll

    If you had $100 to give back locally, where would it go?

    Popular Articles

    • Avalanche3
      By Ty Beaver

      Fusion startup picks Tri-Cities for advanced nuclear plant

    • Luxury cars
      By Rachel Visick

      Luxury car group buys two Tri-Cities dealerships

    • Bldingpermits
      By TCAJOB Staff

      Building Permits – October 2026

    • Prosser memorial mob
      By Ty Beaver

      Demand prompts Prosser to pursue $81M medical center

    • Strip club
      By Ty Beaver

      New owner buys building once home to casino, strip club

    • News Content
      • Latest news
      • Real Estate & Construction
      • Public records
      • Special publications
      • Senior Times
    • Customer Service
      • Our Readers
      • Subscriptions
      • Advertise
      • Editorial calendar
      • Media Kit
    • Connect With Us
      • Submit news
      • Submit an event
      • E-newsletters
      • E-Edition
      • Contact
    • Learn More
      • About Us
      • Our Events
      • FAQs
      • Privacy Policy
      • Spokane Journal of Business

    Mailing Address: 8656 W. Gage Blvd., Ste. C303  Kennewick, WA 99336 USA

    MCM_Horiz.png

    All content copyright © 2025 Mid-Columbia Media Inc. All rights reserved.
    No reproduction, transmission or display is permitted without the written permissions of Mid-Columbia Media Inc.

    Design, CMS, Hosting & Web Development :: ePublishing