Lowe's to enter Manhattan with smaller format store

Lowe's announced that it will enter its first two stores in Manhattan. The home improvement giant has two locations slated to open in the second half of 2015, one at 2008 Broadway at West 68th Street, and a second at 635 6th Avenue at West 19th Street.

Both stores will be approximately 30,000 sq.ft. and offer products and services that are locally relevant to customers, including appliances in a variety of sizes, home organization and storage products to maximize space, and home decor and accessories. Most items will be in stock and many will be delivered from Lowe's New York area stores.

"We are excited to expand our presence to Manhattan and we look forward to offering Lowe's project expertise and tailored product selection in two convenient locations," said Richard Maltsbarger, Lowe's chief development officer. "We know customers in Manhattan are already shopping with Lowe's online and at our New York area stores. Based on our research, we are developing these locations to meet the unique needs of these customers."

Source: Marianne Wilson - Chainstoreage.com

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