The Shippensburg Township Lowe’s is one of 20 stores that will close across the country, Lowe’s Cos. Inc. announced Monday.
The company said the “wind-down of certain underperforming store locations” is part of its reassessment. The company will close 20 U.S. stores and 31 Canadian stores and other locations. The Lowe’s in Shippensburg was the only one set to close in Pennsylvania.
Lowe’s said in a news release Monday that most associates at the closed stores will be given opportunities to transition to a similar role at a nearby Lowe’s store. The company said most of the stores set for closure are within 10 miles of another Lowe’s location.
The next closest Lowe’s to the Shippensburg store is the Chambersburg location, which is 15 miles away, according to the Lowe’s website. The Carlisle location is 21 miles away.
“While decisions that impact our associates are never easy, the store closures are a necessary step in our strategic reassessment as we focus on building a stronger business,” said Marvin R. Ellison, Lowe’s president and CEO. “We believe our people are the foundation of our business and essential to our future growth, and we are making every effort to transition impacted associates to nearby Lowe’s stores.”
Lowe’s said it expects to close the stores by the end of the company’s 2018 fiscal year, which is Feb. 1, 2019. The company intends to conduct store closing sales for most of the locations, with the exception of some select stores that will close immediately.
Lowe’s did not specify which locations those would be.