Lowe's says they will close 34 underperforming stores across six provinces

Lowe's raises profit forecast shares gain

Lowe's could attract more "regular shoppers" by distinguishing itself from Home Depot, he added, stressing "the softer side of home improvement".

Two Rona stores in Durham Region will be closing their doors for good.

A full breakdown of locations is available on the Lowe's Canada website.

Lowe's Companies Inc. said Wednesday it will close 34 "underperforming" stores across six provinces as part of a restructuring of its Canadian business, raising hackles in Quebec over the fate of local hardware mainstay Rona.

Ad Standards, the advertising industry's self-regulatory body, said earlier this month that the company should stop using the phrases "truly Canadian" and "proudly Canadian" on its store signs as they were misleading.

The stores include 26 Ronas, six Lowe's and two Reno-Depots spread from Prince George, B.C., to Dartmouth, N.S.

When it first opened, store manager Paolo Gallo said about 140 employees worked at the new store, including full-time, part-time and seasonal employees.

"We are taking decisive action to build a healthy business which will provide us with the flexibility to reinvest in our future growth", said Cioffi.

Stores will close on either January 31, 2020 or February 19, 2020.

For customers who usually shop at stores that will be closed, the company will still offer services to customers through online shopping and delivery and other affiliated stores in its network. To see the exact store locations and closure dates, go here.

Paulo Gallo, Store manager (left) and Jeff Boyd, V.P. of real estate, construction and store design for Lowe's Canada (right) hold a board as MLA Laura Ross does a ceremonial board cutting at the grand opening of Lowe's second Regina store in the Northgate Mall.



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