Another Major National Retailer Announces CT Store Closing

ORANGE, CT — Lowe's announced Monday morning that it will close its Orange store located at 48 Boston Post Road. There are currently 17 Lowe's locations in Connecticut, and as of right now only the Orange store is slated for closure in early 2019.

In a company news release, Lowe's announced Monday the wind-down of certain underperforming store locations as part of its ongoing strategic reassessment. To focus on its most profitable stores and improve the overall health of its store portfolio, the company will:

• Close 20 U.S. stores. Most associates at these stores will be extended opportunities to transition to a similar role at a nearby Lowe’s store. The majority of impacted stores are located within 10 miles of another Lowe’s store.
• Close 31 Canadian stores and other locations.

“While decisions that impact our associates are never easy, the store closures are a necessary step in our strategic reassessment as we focus on building a stronger business,” said Marvin R. Ellison, Lowe’s president and CEO in a statement. “We believe our people are the foundation of our business and essential to our future growth, and we are making every effort to transition impacted associates to nearby Lowe’s stores.”

Lowe’s expects to close the impacted stores by the end of the company’s 2018 fiscal year (Feb. 1, 2019). To facilitate an orderly wind-down, the company intends to conduct store closing sales for most of the impacted locations with the exception of select stores in the U.S., which will close immediately. There was no word Monday on which "select" stores would close immediately.

Here are the Lowe's locations in Connecticut:

Bloomfield, Bloomfield Lowe's

Cromwell, Cromwell Lowe's

Danbury, Danbury Lowe's

Dayville, Killingly Lowe's

Derby, Derby Lowe's

Lisbon, Lisbon Lowe's

Manchester, Manchester Lowe's

Milford, Milford Lowe's

New Haven, New Haven Lowe's

Newington, Newington Lowe's

Norwalk, Norwalk Lowe's

Orange, Orange Lowe's

Plainville, Plainville Lowe's

Southington, Southington Lowe's

Torrington, Torrington Lowe's

Wallingford, Wallingford Lowe's

Waterford, Waterford Lowe's

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