Lowe's announced that they are going to close 51 of their stores.
They said the locations that will close are underperforming and the decision will help the hardware chain focus on its most profitable stores and "improve the overall health of its store portfolio."
They will close 20 stores in the US and 31 in Canada. The company said that a "majority" of the shuttered stores are within 10 miles of another Lowe's location.
The stores will be closed before Feb. 1, 2019.
Jack and Carolyn talked about it on the air. Listen here: