View Single Post
  #9   Report Post  
Posted to alt.home.repair
Percival P. Cassidy Percival P. Cassidy is offline
external usenet poster
 
Posts: 1,143
Default Lowes closing a few stores

On 10/18/11 10:06 am, hr(bob) wrote:

"Lowe's Cos Inc is closing 20 of its U.S. locations and eliminating nearly
2,000 jobs, and the home improvement retailer is slashing its store-opening
plans to improve profitability."

http://news.yahoo.com/lowes-closes-s...-plan-12372159...

The stores being closed are located in:

Los Banos, CA
Biddeford, ME
Old Bridge, NJ
Westminster, CA
Ellsworth, ME
Batavia, NY
Denver, CO
Ionia, MI
N. Kingstown, RI
Aurora, IL
Rogers, MN
Emporia, VA
Oswego, IL
Claremont, NH
S. Tacoma, WA
Chalmette, LA
Hooksett, NH
Brown Deer, WI
Haverhill, MA
Manchester, NH


There are 2 stores about 10 miles from here, Oswego and Aurora IL that
are closing. What amazed me was that there were no rumors, and the
employeees had no notice whatsoever, they just showed up Monday
morning and the stores were closed and the store signs were already
removed. What a shock that must have been. The Chicago tv news said
that employeees would get 2 months salary and benefits.


No sell-off of the stock? When our local HD closed earlier this year
(open for only 3 or 4 years), there was a "Store Closing" sale that
lasted a month or so.

Perce