FILE PHOTO – Gift cards are shown for sale inside a Lowe’s retail store in Carlsbad, California, U.S., May 24, 2017. REUTERS/Mike Blake
November 5, 2018
(Reuters) – Home improvement retailer Lowe’s Cos Inc <LOW.N> said on Monday it would close 20 underperforming stores in the United States and 31 in Canada as part of a restructuring program.
The company, which bought Canada’s Rona in 2016, said it would close the stores by the end of fiscal 2018.
(Reporting by Aishwarya Venugopal in Bengaluru; Editing by Saumyadeb Chakrabarty)
