Why Is Lowe'S Closing 50 Stores 2025. The home improvement chain said monday that. Retail store closures are set to ramp up over the next five years, according to a new study by ubs.
The company said that a “majority” of the shuttered stores are within 10 miles. Lowe’s is pulling the plug on 51 underperforming stores across the u.s.
The Company Said That A Majority Of The Shuttered Stores Are Within 10 Miles.
Lowe’s needs a new, more dependable engine for growth as sales slow in its vast fleet of urban and suburban retail stores.
And 31 In Canada, To Be Exact.
The home improvement chain recently announced that it is closing 20 of its most underperforming stores around the united states and an additional 31 stores in canada,.
Why Is Lowe'S Closing 50 Stores 2025 Images References :
Lowe's Announced Monday, November 5 That They Will Be Closing 51 Stores In The United States And Canada.
The move comes even amid a robust housing market that's boosted home.
A Total Of 20 U.s.
The company said that a “majority” of the shuttered stores are within 10 miles of another.