Friday, April 22, 2011

Lowe’s (NYSE:LOW) To Rebuild Store

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Lowe’s (NYSE:LOW) has decided to rebuild its Sanford store, which was destroyed by a tornado last week. Lowe’s (NYSE:LOW) To Rebuild Store The home improvement firm Lowe’s (NYSE:LOW) announced that it will reconstruct its Sanford store, which was destroyed by a tornado on April 16. The store was seriously damaged in the heavy storm and employees from this store were transferred to other stores. The company is expecting to reopen the store this fall at the same location at South Horner Boulevard. Vice president of Lowe’s (NYSE:LOW)'s regional stores Jeff Blocker said, "Lowe’s (NYSE:LOW) is committed to rebuilding and serving our customers once again and we look forward to our grand re-opening in the next few months”. Lowe’s (NYSE:LOW) shares were at 26.67 at the end of the last day’s trading. There’s been a 9.3% change in the stock price over the past 3 months.



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