BOUCHERVILLE, QC, Nov. 5, 2018 /CNW Telbec/ - Lowe's Canada
announced earlier today the completion of the consolidation of Lowe's Canada's operations at the Boucherville, QC head office, which will lead to the closing of the Mississauga,
ON and St. John's, NF regional support centres in 2019. Lowe's Canada further announced
that it will close 27 underperforming corporate stores across the country, representing approximately 3% of its total retail
network square footage, before the end of January 2019.
"Having our operations under one roof will allow us to improve collaboration between our banners to better serve our
customers," said Sylvain Prud'homme, President and Chief Executive Officer, Lowe's Canada. "The
decision to close stores is never one that we make lightly. However, following a detailed business review, we believe that this
is the right path for the organization's future. Everything will be done to ensure a smooth transition until the stores are
closed, and Lowe's Canada will support impacted employees, including by transferring eligible employees to other locations within
our network whenever possible."
In addition to the above-mentioned closures, a truss plant located in St. John's, NF and a
block plant located in Kamloops, BC, will also be closed. Lowe's Canada will continue to
serve customers in markets formerly served by closing stores through the other Lowe's, RONA, Reno-Depot, Ace Canada, Dick's Lumber and Contractor First corporate and affiliated dealer locations within its Canadian
retail network, as well as through its online offer and parcel delivery service.
Store closures:
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British Columbia
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RONA New Westminster (Colombia Square)
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105 - 1015 Columbia Street, New Westminster
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Alberta
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RONA Calgary (Douglasdale)
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11520 - 24th Street SE, Calgary
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Reno-Depot Calgary West
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12330 Symons Valley Road NW, Calgary
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Ontario
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RONA Mississauga (Westdale Mall)
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1133 Dundas Street West, Mississauga
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RONA Mississauga (Lakeshore)
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1692 Lakeshore Road, Mississauga
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RONA Sault Ste. Marie
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132 Black Road, Sault Ste. Marie
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RONA Sudbury
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943 Barry Downe Road, Sudbury
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RONA Peterborough
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1575 Chemong Road, Peterborough
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RONA Kingston (Bath Road)
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1452 Bath Road, Kingston
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RONA Lakefield
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178 Water Street, Lakefield
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Lowe's North York (Centerpoint Mall)
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6600 Yonge Street, Toronto
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Lowe's Sault Ste. Marie
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248 Northern Avenue East, Sault Ste. Marie
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Québec
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RONA Sainte-Clotilde
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335, Route 209, Sainte-Clotilde-de-Châteauguay
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RONA Iberville
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870, boulevard d'Iberville, Saint-Jean-sur-Richelieu
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RONA L'Assomption
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723, boulevard de l'Ange-Gardien, L'Assomption
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RONA Granby Moeller
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788, rue Moeller, Granby
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RONA Sainte-Rose
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134, boulevard Sainte-Rose, Laval
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RONA Rivière-des-Prairies
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9200, boulevard Maurice-Duplessis, Montréal
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RONA Rouyn-Noranda (Mantha)
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1200, rue Mantha, Rouyn-Noranda
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RONA Ange-Gardien
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194, rue Principale, Ange-Gardien
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RONA Saint-Elzéar
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100, rue du Parc Industriel, Saint-Elzéar
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Newfoundland
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RONA Conception Bay South
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825 Conception Bay Highway, Conception Bay South
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RONA Goulds
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53-5, Main Highway, Goulds
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RONA St. John's (Topsail)
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1297 Topsail Road, St. John's
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RONA St. John's (O'Leary)
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60 O'Leary Avenue, St. John's
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RONA St. John's (Torbay)
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710 Torbay Road, St. John's
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RONA Bay Roberts
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239 Conception Bay Highway, Bay Roberts
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About Lowe's Canada
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 18
million customers a week in the United States, Canada and Mexico. With fiscal year 2017 sales of $68.6 billion, Lowe's and its related
businesses operate or service more than 2,390 home improvement and hardware stores and employ over 310,000 people. Based in
Boucherville, Quebec, Lowe's Canadian business, together with its wholly owned subsidiary, RONA
inc., operates or services more than 630 corporate and independent affiliate dealer stores in a number of complementary formats
under different banners. These include Lowe's, RONA, Réno-Dépôt, Dick's Lumber, Contractor First and Ace. In Canada, the
companies have more than 28,000 employees, in addition to nearly 5,000 employees in the stores of RONA's independent affiliate
dealers. For more information, visit lowescanada.ca.
SOURCE Lowe's Canada
View original content: http://www.newswire.ca/en/releases/archive/November2018/05/c2312.html