Tuesday, March 8, 2011

84 Lumber closes 10 more locations

Most locations are in the Southeast

84 Lumber, one of the country’s largest construction supply companies, has closed 10 more facilities today, seven of them in the Southeast, according to Pro Sales magazine.

The company shut these locations:
 Brooksville, Fla.
 Deland, Fla.
 Fort Pierce, Fla.
 Winder, Ga.
 South Haven, Miss.
 Springfield, Mo.
 Farmingdale, N.J.
 Tulsa, Okla.
 Anderson, S.C.
 Karns, Tenn.

"These 10 stores have consistently underperformed for quite some time, and while we do see some positive movement in the housing andconstruction markets overall on a national basis, these markets continue to either lag severely with no sign of a significant rebound that fits ourbusiness model, or we have multiple stores in the region and we can handle the existing store business from other locations," Jeff Nobers, 84's vice president of marketing and public relations, wrote iin an e-mail to ProSales. The company plans to sell the properties.

The closure reports come about two weeks after 84 Lumber closed branches in Winston-Salem, N.C., and Richmond, Va. The company now has 265 locations.

For full story click on to www.prosalesmagazine.com

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