Mooresville, N.C. — Lowe’s Cos. Inc. has unveiled its plans to close 20 underperforming stores in the United States as part of its ongoing strategic reassessment. Additionally, the company will close 31 Canadian stores.
Marvin Ellison
Mooresville, N.C. — Lowe’s Companies, Inc. will close all 99 of its Orchard Supply Hardware stores by February 1, 2019. Founded in San Jose, Calif., in 1931 and acquired by Lowe’s in 2013, Orchard Supply Hardware operates locations in California, Oregon and Florida. Lowe’s is closing the stores to focus on its core home improvement business.
Mooresville, N.C. — Lowe’s Companies, Inc. has named Donald E. Frieson as executive vice president, supply chain, effective August 8, 2018. He will be responsible for the company’s distribution centers, logistics, global sourcing, transportation and delivery services. Frieson will report to Marvin R. Ellison, president and CEO.