Lowe’s is closing 51 North American areas, together with its Gurnee retailer.
The corporate introduced it can shut 20 U.S. shops and 31 areas in Canada. Two shops are closing in Illinois. The opposite is in Granite Metropolis.
The information of the closing got here as a shock to village leaders in Lake County.
“The village of Gurnee was not conscious that Lowe’s was closing previous to the media announcement at this time,” stated Jack Linehan, assistant to the village administrator in Gurnee.
The shop in Gurnee was constructed in 2007 and opened in early 2008.
“We now have reached out to the Gurnee Lowe’s for extra info and a possible timetable concerning their closure,” Linehan stated.
The Mooresville, North Carolina-based firm stated that many of the underperforming shops are anticipated to shut by the tip of January, stated Maureen Wallace, Lowe’s company communications & public relations supervisor. She stated it will permit the corporate to give attention to strengthening its footprint of practically 2,300 shops throughout North America.
Workers from the shuttered shops might be provided positions at close by areas when doable. Suburban Lowe’s proceed to function in Vernon Hills, Arlington Heights, Lake within the Hills, Carol Stream, St. Charles, Bolingbrook and Naperville.
“Whereas selections that impression our associates are by no means simple, the shop closures are a vital step in our strategic reassessment as we give attention to constructing a stronger enterprise,” stated Marvin R. Ellison, Lowe’s president and CEO. “We imagine our individuals are the inspiration of our enterprise and important to our future progress, and we’re making each effort to transition impacted associates to close by Lowe’s shops.”
Lowe’s has partnered with Hilco Service provider Companies to assist handle the transition within the U.S.