ANOTHER MAJOR RETAILER IS HAVING FINANCIAL TROUBLE. LOWE’S SAYS IT WILL CLOSE 51 STORES IN NORTH AMERICA BY NEXT FEBRUARY. THERE ARE NO NEW MEXICO STORES ON THE CLOSING LIST.
THE HARDWARE CHAIN SAYS IT’S SHUTTING DOWN STORES THAT ARE UNDERPERFORMING, IN ORDER TO HELP THOSE THAT ARE PROFITABLE. 20 STORES IN THE U.S. ARE CLOSING, ALONG WITH 31 IN CANADA.
