The True Value regional distribution centers (RDCs) are preparing for potential layoffs and shutdowns in light of the Chapter 11 bankruptcy and potential Do it Best purchase announcements earlier this month. So far, 11 of the 13 True Value RDCs …
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Lowe’s has announced its financial results for the third quarter of 2019. In total, the big-box home improvement company reports net earnings of $1 billion for the quarter, up from $629 million in net earnings for the same period in …
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Transform Holdco, the owner of Sears and Kmart locations, has announced plans to shutter nearly one-third of its remaining locations, according to a report from The Washington Post. In all, 96 locations will close, leaving the once-venerable retail chain with …
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In its third-quarter financial results, big-box home improvement retailer Lowe’s reported net earnings of $629 million. The company also announced plans to “exit its Mexico retail operations,” according to a press release. In the second-quarter of 2018, the company reported …
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Lowe’s has announced it plans to close 51 “underperforming store locations as part of its ongoing strategic reassessment,” the company reported in a press release. Twenty of those locations will be in the U.S., and 31 will be in Canada, …
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Big-box retailers like Home Depot and Lowe’s are preparing to meet the retail void left by the downfall of Sears, Yahoo Finance reports. After Sears filed for bankruptcy protection earlier this month, “Home Depot and Lowe’s look to be big …
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Many changes are coming to Lowe’s. Today, the big-box retailer reported its second-quarter sales and earnings. The company also announced its decision to close all Orchard Supply Hardware stores, named its newest executive and revealed its strategic plans moving forward. …
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Orchard Supply Hardware, a hardware and garden chain with 99 locations in California, Oregon and Florida, will close nationwide by the end of fiscal year 2018, parent company Lowe’s confirms in its second-quarter 2018 financial results. In the earnings report, …
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