Another Major Retailer Closing Illinois Stores

GURNEE, IL — Yet another big-box chain is among retailers announcing store closings in 2018. Lowe's Companies Inc. on Monday announced it will close 20 underperforming stores nationwide. The closings, which include two Illinois locations, are expected to happen by the end of the company's 2018 fiscal year (Feb. 1, 2019).

Lowe's currently has 38 stores in Illinois. According to the chain, two Illinois locations — the Schaefer Road location in Granite City and the Grand Avenue location in Gurnee — will close.

To facilitate an orderly wind-down, the company said it intends to conduct store closing sales for most of the impacted locations with the exception of select stores in the U.S., which will close immediately. There was no word Monday on which "select" stores would close immediately.

Along with the U.S. closings, Lowe's said it will shutter 31 Canadian stores and other locations.

“While decisions that impact our associates are never easy, the store closures are a necessary step in our strategic reassessment as we focus on building a stronger business,” said Marvin R. Ellison, Lowe’s president and CEO. “We believe our people are the foundation of our business and essential to our future growth, and we are making every effort to transition impacted associates to nearby Lowe’s stores.”

Lowe's is the latest chain to announce large scale store closings in recent years, joining retailers including Carson's, Sears/Kmart and Macy's.

Sears Bankruptcy: 4 IL Stores Will Close, 142 Nationwide

These Illinois Sears And Kmart Stores Will Close

All Remaining Carson's Stores Closing Wednesday

In one Chicago suburb, Carson's will come back to life. The Evergreen Park store is set to reopen on Black Friday, kicking off the holiday shopping season. Sears stores that are marked for closing will also be around for the holiday shopping season, the Illinois-based retailer has said.

These are the 36 remaining Illinois Lowe's stores:

• Alton, Alton Lowe's
• Arlington Heights, Arlington Heights Lowe's
• Belleville, Belleville Lowe's
• Bloomington, Bloomington Lowe's
• Bolingbrook, Bolingbrook Lowe's
• Bradley, Kankakee Lowe's
• Carbondale, Carbondale Lowe's
• Carol Stream, Carol Stream Lowe's
• Champaign, Champaign Lowe's
• Chicago, Chicago - 83rd And Stewart Lowe's
• Chicago, Chicago Lowe's
• Chicago, Chicago-Brickyard Lowe's
• Chicago, Wicker Park Lowe's
• Danville, Danville Lowe's
• Dekalb, De Kalb Lowe's
• East Peoria, East Peoria Lowe's
• Fairview Heights, Fairview Heights Lowe's
• Forsyth, Decatur Lowe's
• Galesburg, Galesburg Lowe's
• Glen Carbon, Glen Carbon Lowe's
• Lake In The Hills, Lake In The Hills Lowe's
• Lincolnwood, Lincolnwood Lowe's
• Machesney Park, Machesney Park Lowe's
• Moline, Moline Lowe's
• Mount Vernon, MT. Vernon Lowe's
• Naperville, Naperville Lowe's
• New Lenox, New Lenox Lowe's
• Northbrook, Northbrook Lowe's
• Orland Park, Orland Park Lowe's
• Peoria, Peoria Lowe's
• Quincy, Quincy Lowe's
• Rockford, Rockford Lowe's
• Saint Charles, ST. Charles Lowe's
• Springfield, N. Springfield Lowe's
• Springfield, Springfield Lowe's
• Vernon Hills, Vernon Hills Lowe's

Photo via Shutterstock