Charlotte, N.C.-based Lowe’s Companies Inc. on Monday closed its store at Midtown Center, at 5800 W. Hope Ave., Milwaukee. The store closure resulted in the elimination of 77 jobs.
A letter from Lowe’s to the state Department of Workforce Development indicated that the store was closing “due to market conditions.”
“Lowe’s representatives have expressed regret over closing the store at Midtown Center and I am thankful for the efforts of the company as it tried to sustain a business that generates a large portion of its profit from home, landscaping and remodeling work amid troubling times in these areas,” said Ald. Joe Davis Sr. “I am confident that space at Midtown Center will be filled with a thriving business promptly and am constantly pleased with how the area around the center continues to develop and sustain a vibrant shopping district. I am confident this progress will continue and though I am saddened Lowe’s can no longer be our partner in this center, I must thank each proprietor in Midtown Center for their commitment to our residents and I welcome the next business to join the shopping district.”
Lowe’s now has 3 stores in the Milwaukee area, located in Wauwatosa, Franklin and Brown Deer.