News | All 13 stores closed

Back

Lowe’s pulls out of Mexico

Lowe’s opened its latest Mexican DIY store in Aguascalientes in July 2018.

Lowe’s opened its latest Mexican DIY store in Aguascalientes in July 2018.

Lowe's has closed all of its 13 stores in Mexico, according to several newspapers and the trade press in the South American country. Reports indicate that 2 600 employees are affected by the closures. The US home improvement chain publicly revealed at the presentation of its quarterly figures last November that it was considering exiting the Mexican market, but didn't provide a timescale for withdrawal. The announcement that the stores would close was made at short notice in April. The website of Lowe's Mexico can no longer be reached, its Facebook page has not been updated and there is no reference to the closures.

Lowe's is the USA's second-biggest DIY chain and second biggest home improvement chain in the world with 1 723 outlets in the USA and 279 in Canada. In Canada the company also acts as a central purchasing hub for around 230 independent stores.

| 3 May 2019


More about the company
SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

Bricoma also targets new strategy with 17th store

The opening of its 17th store also marks a strategic restructuring for the Moroccan DIY store operator Bricoma: the holding has entered the View news...

New Kingfisher format and own brand GoodHome

Kingfisher has presented its new own brand GoodHome at the same time as its new express format of the same name. The store, designed as convenience View news...

Kingfisher gains in the UK and loses in France

Clear plus in Great Britain, clear minus in France: for the British Kingfisher group, the first quarter (ending 30 April 2019) was characterised by View news...

Spoga+Gafa 2019 foregrounds city gardening

City gardening is the major theme at Spoga+Gafa 2019. The theme will be "omipresent" at the trade fair at the start of September in Cologne View news...

Actual figures

Statistics Home Improvement Europe


Statistics Home Improvement
This brochure provides a competent overview of the situation in the Home Improvement sector in 31 European countries.

Order now!

6th Global DIY Summit 2018

Dachser, DIY-Logistics

Dachser

Destination: The World

More than 1 100 participants came to the 6th Global DIY Summit in Barcelona. Here are the portraits of some of the most important companies that exhibited at the International Congress Exhibition.

Gallery