The Mercury News

Lowe’s to close stores in Bay Area

Locations facing the ax are located in San Jose and South San Francisco

- By Mark Gomez mgomez@ bayareanew­sgroup.com Contact Mark Gomez at 408-920-5869.

Lowe’s announced on Monday it will be closing 51 “underperfo­rming” stores in the United States and Canada, including two locations in the Bay Area.

The Bay Area locations that will be closing are 750 Newhall Drive in San Jose, located next to Avaya Stadium, and 720 Dubuque Avenue in South San Francisco, the company announced Monday.

“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,” Marvin R. Ellison, Lowe’s president and CEO, said in a press release. “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 said it expects to close the impacted stores by the end of the company’s 2018 fiscal year on Feb. 1, 2019.

The company said it intends to conduct store-closing sales for most of the locations, with the exception of select stores in the U.S., which will close immediatel­y. The company did not specify which stores would not hold closing sales.

A list of all the Lowe’s store closures can be found here.

In August, Lowe’s announced it would be closing all Orchard Supply Hardware stores by the end of the year. Lowe’s was the parent company of Orchard Supply Hardware, the do-it-yourself, fix-it chain founded in San Jose during the Great Depression.

Newspapers in English

Newspapers from United States