License Global
August 22, 2018
Lowe’s will shutter all of its Orchard Supply Hardware stores, according to
Retail Dive.
Orchard Supply Hardware has 99 locations across Calif., Ore. and Fla. as well as distribution centers that service each space.
In addition, company vice president and chief financial officer, David Denton, will join Lowe's as its executive vice president and chief financial officer.
This week, Lowe’s posted its fourth-quarter earnings report. Second quarter sales rose 7.1 percent year over year to $20.9 billion.
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