Lowe’s is trying to streamline their business operation by closing down several ‘underperforming’ brances, which means your local home goods store may be gone soon
Lowe’s Home Improvement is going to have some new offerings as they close slower locations (
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Lowe’s announced a new plan to shut down various underperforming stores across the U.S. this month as part of a larger strategy.
While there’s no location list yet, specific underperforming stores with low sales or foot traffic will be closing soon as part of a push to streamline the company’s online presence.
These recent store closures are part of Lowe’s larger strategic framework for 2025, also referred to as the Total Home Strategy. The retailer is focusing on expanding its digital presence, targeting professional clients, enhancing home services, and strengthening its long-term customer loyalty programs.
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This isn’t unprecedented for the home improvement giant. In 2018, Lowe’s made a similar move when it closed 51 stores. Five years later, this remains the plan as they continue to sharpen their focus on profit-making and streamline operations.
The count of physical stores is taking a back seat, particularly when those outlets are not contributing significantly.
“As we look ahead to the expected recovery in home improvement, we are making investments to position the company for long-term growth. We are evolving our Total Home strategy to help solve our customers’ total home improvement needs with more value and exceptional service,” asserted Marvin R. Ellison, Lowe’s chairman, president, and CEO.
“By leveraging leading technology solutions, we’re creating a best-in-class omnichannel shopping experience for all generations of homeowners. At the same time, we’re building on our momentum with Pros now that we’ve reached 30% Pro penetration.”
In addition to actual store closures, Lowe’s has also declared that all its stores will be closed for Easter Sunday this year. Despite some headlines labeling this as a ‘retail blackout,’ it’s an annual practice for the company. Normal business operations will resume on Monday.
“I’m extremely proud of the commitment of our 300,000 associates who support our communities while providing excellent customer service-not only in spring, but all year-round. In recognition of our teams’ continued hard work, we are pleased to provide a well-deserved day off so they can spend Easter with their loved ones,” Marvin Ellison, Lowe’s chairman and CEO, stated.
Other major retailers such as Costco, Aldi, and Sam’s Club are also closing most, if not all, of their stores for the entire day on Easter Sunday this year. Target is also anticipated to close its 2,000 stores nationwide for the holiday, according to The U.S. Sun.
As of March 2025, Lowe’s operates 1,751 stores across the United States. Texas leads with the most locations at 144, followed by Florida with 132, Newsweek reports.
A full list of the Macy’s stores that are set to close has been released with another of their iconic branches to be shut.
The Sunrise Mall store in Massapequa on Long Island is scheduled to shut down permanently on April 11 after having served its loyal customers for fifty years.
The beloved retail chain is also in the process of closing two more locations on Long Island, specifically the Macy’s at Lake Success Shopping Center in New Hyde Park and Melville Mall in Huntington Station. This follows the recent closure of the beloved retailer’s Center City, Philadelphia location.
Initially, Macy’s intended to close 55 stores within the first 12 months but increased its targets and settled on 66. Once all 150 stores are closed, Macy’s will be left with just 350 stores, a significant decrease from its peak of around 1,100 in 2008.
Like many department stores, Macy’s has been struggling with declining sales due to the meteoric rise of online competitors and the decline of America’s suburban malls. Tony Spring was appointed CEO last year and announced a major turnaround effort.
But there are many other stores which are also following the same fate and have been forced to shut up shop in the coming months due to under-performing shops, such as Walgreens, Party City, and CVS. But there will be more.
