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Home improvment retailer Lowe's to open its first Saskatchewan store in Regina

THE CANADIAN PRESS Mar 18, 2010 19:16:21 PM

TORONTO - Home improvement retailer Lowe's plans to open its first Saskatchewan store in Regina, sometime in the company's fiscal 2011 first quarter.

"Lowe's commitment to expanding throughout Western Canada continues with our first location in Saskatchewan," Lowe's Canada president Alan Huggins said in a company release Thursday.

"We have had a tremendous response from our Canadian customers, and we will continue honouring our promise to deliver outstanding prices, products and top-notch customer service in our drive to be Canada's first choice for home improvement."

The Regina store will have 103,000 square feet of retail sales space, plus an additional 32,000-square-foot garden centre.

The company says such a store represents an average investment in the community of approximately $20 million and creates up to 150 new jobs.

Lowe's opened its first Canadian store in 2007 and currently has 16 stores in Canada employing some 2,800 people.

Founded in 1946 and based in Mooresville, N.C., Lowe's is the second-largest home improvement retailer in the world, with sales of $47.2 billion in 2009. Overall, it has more than 1,700 home improvement stores in the United States, Canada and Mexico, employing 228,000.

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