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For its first stores outside of Ontario, Lowe’s has announced plans
to open three stores in the Calgary area: Crosstown Mills, the Shepard
Industry Area-McKenzie Towne and in the Sunridge Industrial
Area. The company has also said that it will soon expand into the Edmonton
market, as well as into British Columbia and Saskatchewan.
Only the latter location has been more clearly defined: it will be in
Regina, with a midsummer 2011 opening foreseen.
Lowe’s has stated that it plans to open between 9 and 12 Canadian
stores each year for the foreseeable future, to reach the
100-store plateau sometime in the next 8 years. Lowe’s is also beginning
to tackle its third and fourth “foreign” markets, with a joint
venture deal with Woolworths in Australia now underway, and its
first store in Mexico opening in February of this year. —SP