Ticonderoga Lowe’s has closed its Ticonderoga store.
The national home improvement chain made no public announcement, but failed to open for business Monday, Aug. 15. Calls to the store were answered with an automated message, “Sorry, this location is permanently closed.”
All of the store’s 86 employees have been terminated. They will receive pay and benefits for 90 days and be eligible to apply for positions at other Lowe’s stores, according to Stacy Lentz, a Lowe’s spokeswoman.
“The Ticonderoga store was one of seven that closed last night,” Lentz said Monday morning. “It failed to reach sales estimates from the outset. Despite the hard work of the employees there didn’t seem to be any scenario that would lead to profitability in that location.”
A few workers will be at the site the next week to remove inventory, then the building will be empty, Lentz said.
Ticonderoga Supervisor Deb Malaney said she heard of the closing the night before, although she never received formal notice from Lowe’s.
“I had no heads up whatsoever,” Malaney said. “It’s really a setback for us.”
The Ticonderoga Area Chamber of Commerce is mobilizing to assist the former Lowe’s employees.
“Lowe’s Companies Inc. made the hard and unfortunate decision to close the Ticonderoga store,” said matthew Courtright, chamber executive director. “This closure was not expected and was a surprise to everyone. We have met with and spoke with the management of Lowe’s. They shared with us that despite the hard work and great customer service of their associates they did make the decision to close the store and do not foresee the business turning in the future.”
Courtright as the Ti chamber is working with The North Country Work Force/One Work Source as well as the state Department of Labor to offer immediate employment services to displaced employees.