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Posts Tagged ‘Lowe’s’

Lowe’s to close 20 stores, cutting 2,000 jobs

by Associated Press Published: October 17,2011

Tags: Lowe's

Home-improvement retailer Lowe’s Cos. says it will close 20 underperforming stores in 15 states and cut 1,950 jobs in a move that it says will allow it to focus on more profitable locations. Lowe’s is maintaining plans to open a store at the Citadel Crossing shopping center southeast of Academy Boulevard and Galley Road. Lowe’s also [...] [...]

University Village almost ready to welcome shoppers (access required)

Kevin Kratt of Kratt Commercial Real Estate said during December that he expected the first stores at University Village Colorado to open during the third quarter of 2009. Right on schedule, Smashburger, a Denver-based restaurant chain, will offer customers a sneak peak on Oct. 27, and open for business the next day. At the same time, [...] [...]

Lowe’s beats Wall Street prediction with 22% profit drop (access required)

by Associated Press Published: May 18,2009

Tags: Lowe's

CHICAGO (AP) – Lowe’s Cos. Inc. said Monday that its fiscal first-quarter profit fell 22 percent but still managed to top Wall Street’s expectations as it cut prices on fewer items.The news, along with a better-than-expected second-quarter outlook and an increased full-year outlook, sent the company’s shares higher in morning trading. The nation’s second-biggest home-improvement chain [...] [...]

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