Lowe's closing 51 stores, including one in Shippensburg Township
Home-improvement retailer Lowe's said Monday it will close 51 underperforming stores in the U.S. and Canada, including one in Cumberland County.
North Carolina-based Lowe's said the closings are part of an ongoing restructuring of the company's stores. The majority of impacted stores — 20 in the U.S. and 31 in Canada — are located within 10 miles of another Lowe's store, the company said.
The Cumberland County store being closed is in Shippensburg Township. It is the only store closing in Pennsylvania.
The other U.S. store closures are in Alabama, California, Connecticut, Illinois, Indiana, Louisiana, Massachusetts, Michigan, Minnesota, Missouri, New York and Texas."While decisions that impact our associates are never easy, the store closures are a necessary step in our strategic reassessment as we focus on building a stronger business," said Marvin Ellison, Lowe's president and CEO.
Lowe's said it expects to close the impacted stores by the end of the company’s 2018 fiscal year, which is Feb. 1. The retail chain operates more than 2,000 stores in North America.