New Hampshire Lowe’s stores safe from new round of closings by chain
51 locations in U.S., Canada to be shuttered as part of ‘strategic reassessment’
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51 locations in U.S., Canada to be shuttered as part of ‘strategic reassessment’
New owners purchase Merrimack-based retailer’s brand, assets for $65 million
Giant retailer estimates a total of 700 stores will be shuttered
$65 million deal reached after largest creditor agrees to relinquish debt
300 employees will remain, but most of them will be part-timers in airport stores
But Brady Sullivan purchase of Merrimack headquarters raises questions about future of employees
Fate of New Hampshire-based retailer as a going concern remains in doubt
Bankrupt company says it’s ‘business as usual,’ but future of firm is unclear
113,440 guests stayed at 2,800 sites
Bankruptcy filing reveals mounting debt, failing mall stores