LOWE’S STORE SLATED FOR LA PLATA, MARYLAND
The
Do-It-Yourself retailer invests $18.5 million to build
one-stop shop for appliances, furnishings, building
materials and lawn/garden products
Mooresville, N.C.
– A new Lowe’s will soon
be under way at 300 Rosewick Road in La Plata, Maryland.
The new Lowe’s store is expected to open in
the
third quarter of 2008.
The do-it-yourself retailer is known for helping
homeowners find the right equipment and supplies to
build, improve, beautify and enjoy their homes.
Lowe’s is proud to offer
more than 40,000 products under one roof. The home
improvement warehouse store will have
116,000
square feet of retail sales space. An additional
28,200
square foot garden
center will offer an impressive selection of flowers,
bushes, trees and garden supplies tailored to the
Maryland
climate and lifestyle.
A
store of this size represents an average investment in
the community of approximately $18.5 million and creates
up to 175 new jobs.
Lowe’s reaches out to
the community through relationships with Habitat for
Humanity, the American Red Cross, United Way, and the
Home Safety Council. In addition, in 2006 Lowe’s
Charitable and Educational Foundation contributed more
than $15 million to support educational and community
projects across the country. To date, Lowe’s Charitable
and Educational Foundation has donated more than
$428,000 in the state of
Maryland.
With
fiscal year 2006 sales of $46.9 billion, Lowe’s
Companies, Inc. is a FORTUNE® 50 company that serves
approximately 13 million customers a week at more than
1,475 home improvement stores in 49 states and three in
Canada. Founded in 1946 and based in Mooresville, N.C.,
Lowe’s is the second-largest home improvement retailer
in the world. For more information, visit Lowes.com.
FAST FACTS ABOUT LOWE’S:
·
Opened
first
Maryland store in
1962;
Currently has
23 stores in
Maryland
·
Employs
approximately 210,000 people, including more than
3,900
employees in
Maryland
·
Nation’s 2nd largest appliance
retailer, with more than 250 models in stock daily
·
Lowe's is an ENERGY STAR award-winner
five times running, from 2003—2007, recognized as retail
Partner of the Year, for excellence in ENERGY STAR
outreach and excellence in ENERGY STAR promotion
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