Napa’s Orchard Supply Hardware not on closing list

2013-08-14T16:00:00Z Napa’s Orchard Supply Hardware not on closing listRegister staff Napa Valley Register
August 14, 2013 4:00 pm  • 

Napa’s Orchard Supply Hardware store was not on a newly released list of Orchard stores that will close. All told, Orchard is closing 17 stores in California, including outlets in Fairfield and Vacaville.

As part of its ongoing Chapter 11 process, this week Orchard Supply identified nine stores that will begin closing sales on Thursday. They are in Burbank, Canoga Park, El Cerrito, Lodi, Merced, Santa Ana, Santa Clarita, Torrance and Yuba City.

Stores in Vacaville, Fairfield, Citrus Heights, Huntington Beach, Lone Tree, Long Beach, Midtown Los Angeles and Newark began store closing sales on June 29.

Lowe’s Companies Inc. will acquire the majority of Orchard’s assets for $205 million in cash, according to a news release.

“Lowe’s plans to have Orchard operate as a separate, standalone business, retaining its brand under the leadership of Orchard’s current management team,” the release said. The company said it expects to continue operating Orchard’s remaining 72 stores at the completion of the sale process.

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(2) Comments

  1. umanyar
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    umanyar - August 14, 2013 4:32 pm
    Good to hear
  2. cheyenne
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    cheyenne - August 15, 2013 8:28 pm
    ya-hoo penny gets to keep her job - LOL ;-)
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