Lowe’s is planning to sell its Canadian retail business comprising hundreds of stores and some distribution buildings to a U.S. private equity firm as the home improvement retailer refines its focus on the U.S. market.
Lowe’s To Sell Canadian Retail Business and Hundreds of Stores to Private Equity Fund
Second-Largest US Home Improvement Chain To Exit Canada After 15-year Run
By Andy Peters
CoStar News
November 4, 2022 | 8:24 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- LOWES HQ
1000 Lowe's Blvd, Mooresville, NC
- Reno-Depot
5035 Cousineau Boul, Longueuil, QC
- Lowe's
10141 13th Ave, Edmonton, AB
- Companies
- Lowe’s Companies, Inc.
Retailer
- Sycamore Partners
Finance and Insurance
- Contacts
- Marvin R. Ellison
President & CEO, Lowe’s Companies, Inc.