Lowe's stores closing across Canada, but none in Saskatchewan


The company said that a "majority" of the shuttered stores are within 10 miles of another Lowe's location.

Of the USA stores being closed, 75 percent have another Lowe's within 10 miles, and 90 percent have a Home Depot store within 10 miles, Sigman wrote. Marie and one in Sudbury are on the list for closure.

Rona, the largest home improvement chain in Canada, was acquired by Lowe's in 2016 in a deal valued at $2 billion.

Close 31 Canadian stores and other locations.

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Lowe's has 11 stores in ME, according to the company's website.

The company did not say how many of its workers will be affected by the closings.

"The store closures are a necessary step in our strategic reassessment as we focus on building a stronger business", Ellison said in a statement.

Lowe's just opened its first home improvement store in Winnipeg in February in the Linden Ridge Shopping Centre on Kenaston Boulevard.

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But Lowe's is struggling to keep up with Home Depot.

Ellison, a veteran of JCPenney and Home Depot, is making some bold moves to improve the financial performance of the company, including the wind-down of at least 51 underperforming store locations.

The New West store is the only store in B.C. that's being closed, with others set to close in Alberta, Ontario, Quebec, Newfoundland and Labrador. The closings are expected to occur on or around January 3, Lowe's said in the WARN notice.

Lowe's shook up its executive suite recently, hiring a new chief information officer from Target.

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