Large Corporations Have Been Closing Down Their Stores Across The Country

Lowe’s

Lowe’s is a well-known home and garden supply store. The firm has previously closed 51 shops, all of which were underperforming. The closures took place in 2019. It closed 20 shops in the United States and 31 in Canada. The business revealed these intentions towards the end of 2018 to have all stores closed by February 1, 2020. When longstanding CEO Robert Niblock resigned and was replaced by former J.C. Penney CEO Marvin R. Ellison, the decision to close shops was made.

Lowe’s