Lowe’s Expands in Canada

The home improvement retailer will boost Canadian store count to 54
July 27, 2015David Gill

lowe'sTORONTO-Lowe’s has set an expansion plan in Canada that will involve the opening of 14 new locations, bringing its store count north of the border to 54.

The company has completed the purchase of 12 former Target sites and will open two other locations in Ontario. The 12 Target sites are located in Ontario, Alberta, British Columbia and Saskatchewan. The purchase includes a distribution center in Milton, Ontario that cost a total of C$147.75 million (approximately $113.2 million).

The new locations “are a tremendous win for us in Canada,” said Sylvain Prud’homme, president of Lowe’s Canada. They will “help us reach additional communities more quickly,” Prud’homme added.

Once the new locations are opened, Lowe’s Canadian store count will include 37 stores in Ontario, three in Saskatchewan, nine in Alberta and five in British Columbia.

David GillDavid Gill | Senior Editor

David Gill covers home textiles, small electrics housewares, personal-care products, cleaning products, mattresses, consumer electronics and major appliances. He also reports on retailers and writes about the business and financial side of both vendors and retailers. He has more than 30 years of experience in business journalism, and has worked for other publications and websites that cover consumer products from both the manufacturer and retailer sides. His outside interests include sports (he is a big fan of the New York teams and of British soccer), cooking, movies and theater. He occasionally enjoys a good cigar as well.


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