For Immediate Release
March 6, 2009
Contact: Maureen Rich
Lowe’s Companies, Inc.
(704) 758-2298 or
Maureen.A.Rich@lowes.com
LOWE’S STORE SLATED FOR GLENVILLE, NEW YORK
The Do-It-Yourself retailer invests $12 million to build one-stop shop for appliances, furnishings, building materials and lawn/garden products
Mooresville, N.C. – A new Lowe’s will soon be under way at the southeast quadrant of Freemans Bridge Road (south of Dutch Meadow Lane). The new Lowe’s store is expected to open in the fiscal second quarter of 2009. The do-it-yourself retailer is known for helping homeowners find the right equipment and supplies to build, improve, beautify and enjoy their homes.
Lowe’s is proud to offer more than 32,000 products under one roof. The home improvement store will have 103,000 square feet of retail sales space. An additional 31,600 square foot garden center will offer an impressive selection of flowers, bushes, trees and garden supplies tailored to the New York climate and lifestyle.
A store of this size represents an average investment in the community of approximately $12 million and creates up to 120 new jobs.
Lowe’s reaches out to the community through relationships with Habitat for Humanity, the American Red Cross, United Way and the Home Safety Council. In addition, in 2007, Lowe’s and the Lowe’s Charitable and Educational Foundation together contributed more than $27.5 million to support community and education projects in the United States and Canada. To date, Lowe’s Charitable and Educational Foundation has donated more than $1.2 million in the state of New York.
With fiscal year 2008 sales of $48.2 billion, Lowe’s Companies, Inc. is a FORTUNE® 50 company that serves approximately 14 million customers a week at more than 1,650 home improvement stores in the United States and Canada. Founded in 1946 and based in Mooresville, N.C., Lowe’s is the second-largest home improvement retailer in the world. For more information, visit Lowes.com.
FAST FACTS ABOUT LOWE’S:
· Opened first New York store in 1996; Currently has 58 stores in New York with stores under construction in Hornell and Hamburg
· Employs approximately 215,000 people, including more than 8,100 employees in New York
· Nation’s 2nd largest appliance retailer, with more than 250 models in stock daily
· Lowe's is an ENERGY STAR® award-winner seven times running, from 2003-2009, recognized as retail Partner of the Year, for excellence in ENERGY STAR® outreach and excellence in ENERGY STAR® promotion.
