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84 Lumber to open 125 new locations, close 67 stores.

Publication: Do-It-Yourself Retailing
Publication Date: 01-MAY-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: 84 Lumber to open 125 new locations, close 67 stores.(News Makers: REPORTING ON THE INDUSTRY)

Article Excerpt
As the result of a careful examination of its return on assets, 84 Lumber Co. announced plans to close 67 underperforming stores. However, the company also introduced a three-year strategic growth plan that calls for 125 new store locations.

The retailer, which posted nearly $4 billion in sales in...

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