Lowe's Canada Announces Glousceter RONA store set to convert to the Lowe's brand by end of 2017

Boucherville, QC – August 14, 2017 – Lowe's Canada announced today that its Gloucester RONA Home and Garden store in Ontario will convert to the Lowe's banner. The Gloucester store, located at 1880 Innes Road, will undergo an extensive renovation and re-merchandising of the existing store which is expected to be completed by the end of 2017.

Starting on August 14, 2017, the Gloucester store will undergo an extensive 16-week physical transformation to the new model of Lowe's stores in Canada which will involve construction, departmental sequencing of new racking and re-merchandising, branding and IT conversion. As well, Lowe's is investing in its people with extensive employee training focused on new product knowledge and customer service.

“The store will remain open during the conversion and we are committed to minimizing any impact on customers so that we can continue to offer the best shopping experience possible during the store transformation,” confirmed Guy Beaumier, Interim Executive Vice President, Lowe's Canada Big Box Retail.

Customers of the Gloucester store can look forward to an enhanced shopping experience including expanded assortment and access to well-known brands such as Kohler, John Deere and Whirlpool, as well as the introduction of new categories such as appliances. Lowe's also features established private label brands such as Kobalt and Allen & Roth, which offer great quality at affordable prices. In addition, Lowe's has strong seasonal programs for its Patio and Holiday collections, top of the line installation programs across many categories, protection plans for products such as appliances, tools and outdoor power equipment, and a superior online program which includes Click & Collect for in-store pickup, local truck delivery and parcel shipping.

The new store will also offer an enhanced shopping experience for Commercial customers including the introduction of the Contractor Rewards Program, access to a drive through lumber yard and charge accounts that will allow them to make purchases at any RONA Corporate store in Ontario, as well as new model Lowe's stores with only 'one' monthly invoice for all purchases made from these stores. Enhanced assortment in key contractor categories include lumber, building materials, millwork, tools and hardware.

The new Gloucester Lowe's will feature 74,965 square feet of retail sales space, an adjacent Garden Centre with 25,942 square feet, as well as an outdoor lumber yard with 30,000 square feet and a covered (drive-thru) lumber yard with 25,580 square feet. The store will employ more than 150 permanent jobs and approximately 35 seasonal positions, and is currently looking to hire an additional 35 permanent and seasonal employees. Interested candidates can visit www.lowes.ca/careers for more information and to apply.

About Lowe's Canada

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 17 million customers a week in the United States, Canada and Mexico. With fiscal year 2016 sales of $65.0 billion, Lowe's and its related businesses operate or service 2,365 home improvement and hardware stores and employ over 290,000 people. Based in Boucherville, Quebec, Lowe's Canadian business, together with its wholly owned subsidiary, RONA inc., operate or service over 600 corporate and independent affiliate dealer stores in a number of complementary formats under different banners. These include Lowe's, RONA, Réno-Dépôt, Marcil, Dick's Lumber and Ace. In Canada, the companies have more than 25,000 employees, in addition to nearly 5,000 employees in the stores of RONA's independent affiliate dealers.