Welcome Lowes Home Improvement
to Canada
Barrie Lowes Home Improvement Canada Stores
Loews Home Improvement Canada Stores
71 Bryne Drive
Barrie, ON
Belleville Lowes Home Improvement Canada Stores
Loews Home Improvement Canada Stores
219 Millennium Parkway
Belleville, ON
Brampton - South Lowes Home Improvement Canada
Stores
Loews Home Improvement Canada Stores
370 Kennedy Road South
Brampton, ON
Brampton - North Lowes Home Improvement Canada
Stores
Loews Home Improvement Canada Stores
10111 Heart Lake Road
Brampton, ON
Brantford Lowes Home Improvement Canada Stores
Loews Home Improvement Canada Stores
215 Henry Street
Brantford, ON
East Gwillimbury (Newmarket) Lowes Home Improvement
Canada Stores
Loews Home Improvement Canada Stores
18401 Yonge Street
East Gwillimbury, ON
Hamilton Lowes Home Improvement Canada Stores
Loews Home Improvement Canada Stores
1945 Barton Street East
Hamilton, ON
Maple
200 McNaughton RoadLowes Home Improvement Canada Stores
Loews Home Improvement Canada Stores
Vaughan, ON
Oshawa Lowes Home Improvement
Canada Stores
Loews Home Improvement Canada Stores
685 Laval Drive
Oshawa, ON
Toronto Lowes Home Improvement Canada Stores
Loews Home Improvement Canada Stores
1300 Castlefield Ave.
Toronto, ON
Whitby Lowes Home Improvement Canada Stores
Loews Home Improvement Canada Stores
4605 Garrard Road
Whitby, ON
Windsor Lowes Home Improvement Canada Stores
Loews Home Improvement Canada Stores
1848 Provincial Road
Windsor, ON
About Our Stores & Our Employees
More than 1,575 stores in the United States and Canada
Plans to open 120 stores in 2008
Approximately 215,000 employees
75% of jobs are full-time positions
20 product categories ranging from appliances and tools, to paint, lumber and nursery products
Cleaner, wider, brighter aisles for a more pleasant shopping experience
Carrying the world's leading brands such as Kichler lighting, Hitachi tools, John Deere lawn tractors, Samsung and
Whirlpool appliances and Valspar paint
40,000 products stocked in store
More than 500,000 products available by special order
10% Low Price Guarantee
Second largest appliance retailer
14 million shoppers a week
Pre 2007 Announcement - Lowe's Home Improvement - the world's
second largest home improvement retailer, is proud to announce our first international expansion, with plans to
serve Loews Home Improvement customers across Canada. We are planning to open six
to ten stores in the greater Toronto area in 2007. In the years to come, we expect to open as many as 100 stores
across Canada. We're excited to share our philosophy of exceptional customer service and top-quality home
improvement products with Canadian homeowners and commercial customers alike—improving the places we call home.
Lowe's Updates Canadian Expansion Plans
The following news release was released Sept. 21 at 9:30 a.m. in Canada.
Lowe’s announced the company is on track in regard to its expansion into Canada, with the opening of its first
stores in the Greater Toronto Area planned for the second half of 2007.
“Today, we’re breaking ground on our first location in Hamilton, have identified additional locations in
Brantford, South Brampton and Toronto and have another nine locations approved through our real estate committee
process,” said Doug Robinson, president of Lowe’s Canada during a media briefing at the company’s Toronto offices
this morning. “We have begun the search for potential store employees with home improvement know-how and a passion
for customer service.”
The initial stores are projected to open in the second half of 2007, each creating up to 175 jobs. Each store
represents an average investment of $20.5 million ($18.5 million USD).
Lowe’s has contracted with Canadian distribution expert Assured Logistics (a subsidiary of Progistix-Solutions,
Inc.) to provide distribution and fulfillment services to help support the launch and growth of Lowe’s Canadian
retail operations. The company is also beginning the review process for vendors.
Additional members of Lowe’s Canada executive management team include: Lori Digulla, vice president of supply
chain; Alan Huggins, vice president of store operations; Ben Mauceri, vice president of merchandising; Uwe
Stueckmann, vice president of marketing; Stephen Taylor, vice president of merchandising and store support; and
Catherine Townsend, vice president of human resources.
This news release includes "forward-looking statements" within the meaning of the Private Securities Litigation
Reform Act of 1995 (the “Act”). Statements of the company’s expectations for sales growth, comparable store sales,
earnings and performance, capital expenditures, store openings, demand for services, and any statement of an
assumption underlying any of the foregoing, constitute “forward-looking statements” under the Act. Although the
company believes that the expectations, opinions, projections, and comments reflected in its forward-looking
statements are reasonable, it can give no assurance that such statements will prove to be correct. A wide-variety
of potential risks, uncertainties, and other factors could materially affect our ability to achieve the results
expressed or implied by our forward-looking statements including, but not limited to, changes in general economic
conditions, such as interest rate and currency fluctuations, fuel and other energy costs, slower growth in personal
income and other factors which can negatively affect our customers as well as our ability to: (i) respond to
decreases in the number of new housing starts and the level of repairs, remodeling, and additions to existing
homes, as well as general reduction in commercial building activity; (ii) secure, develop, and otherwise implement
new technologies and processes designed to enhance our efficiency and competitiveness; (iii) attract, train, and
retain highly-qualified associates; (iv) locate, secure, and develop new sites for store development; (v) respond
to fluctuations in the prices and availability of services, supplies, and products; (vi) respond to the growth and
impact of competition; (vii) address legal and regulatory matters; and (viii) respond to unanticipated weather
conditions. For more information about these and other risks and uncertainties that we are exposed to, you should
read the “Risk Factors” included in our Annual Report on Form 10-K to the United States Securities and Exchange
Commission and the descriptions of any material changes in those “Risk Factors” included in our subsequent
Quarterly Reports on Form 10-Q.
The forward-looking statements contained in this news release speak only as of the date of this release and the
company does not assume any obligation to update any such statements.
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