Lowe’s will be closing 20 underperforming stores in 15 states. Future growth will include approximately 10 to 15 new stores per year rather the anticipated 30 stores. See the Lowe’s press release for a list of towns where the stores will close.
Market Watch Article
Lowe’s Press Release
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Lowe’s Closing 20 Underperforming Stores, Future Growth Limited
Lowe’s Closing 20 Underperforming Stores, Future Growth Limited
Rob Samtmann
Rob is Managing Principal of Equity Retail Brokers and he specializes in tenant representation and leasing.
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