Is Lowes Closing It'S Stores 2024

Is Lowes Closing It'S Stores 2024. New york cnn — lowe’s needs a new, more dependable engine for growth as sales slow in its vast fleet of urban and suburban retail stores. Lowe’s (low) will shut down 20 stores in the united states and 27 in canada.

Lowe’s management predicts sales and profits will drop in 2024. Said it’s eliminating some corporate positions, adding to the ranks of us companies announcing layoffs in recent days.