Lowe's Canada announced it will be closing 34 of its stores across Canada, including its location in Regina's Northgate Mall.
The Cambridge RONA is set to close up on January 31, 2020 along with 25 others in British Columbia, Alberta, Saskatchewan, Quebec, Nova Scotia, and Ontario.
For customers who usually shop at stores that will be closed, the company will still offer services to customers through online shopping and delivery and other affiliated stores in its network.
The hardware chain opened its Northgate location in June of 2016.
The company announced its plans to close 34 "under-performing" stores in Canada "to improve future sales performance and profitability".
Ad Standards, the advertising industry's self-regulatory body, said earlier this month that the company should stop using the phrases "truly Canadian" and "proudly Canadian" on its store signs as they were misleading.
Lowe's Canada said it will help all employees through the changes and transitions that come with their store closing.
The company spent $25 million, including real estate transaction costs, development and construction, to convert the former Target department store into the 102,000 square-foot Lowe's store. According to the news release, the companies have more than 28,000 employees. A special needs employee, Owen Lima, also found a job there, along with his service dog Blue.
The stores include 26 Ronas, six Lowe's and two Reno-Depots spread from Prince George, B.C., to Dartmouth, N.S.
"Unlike Home Depot, which appears to be moving past its peak in comps and earnings growth, Lowe's still has a turnaround story that has yet to play out", she said in an investor note.