Orchard Supply Hardware files for bankruptcy

| Print |  Email
Must Reads
Tuesday, June 18, 2013

Orchard Supply Hardware Stores filed for chapter 11 bankruptcy protection. The chain opened locations in Beaverton and Tigard this year.

As part of its filing, the San Jose, Calif.-based chain announced it had reached a deal to sell 60 of its 91 stores in Oregon and California to Lowe's for $205 million. Lowe's also retains an option to buy the remaining stores.

Orchard Supply hasn't released a list of which stores it plans to sell to Lowe's. However, it's two Oregon stores are designed in the neighborhood format that the chain aims to focus on moving forward. So it's possible the retailer will continue to operates its Washington County stores.

Read more at OregonLive.com.

{biztweet}orchard supply{/biztweet}

 

More Articles

5 ways successful people kickstart the day

The Latest
Thursday, April 02, 2015
coffeethumbBY JACOB PALMER | DIGITAL NEWS EDITOR

Are mornings the most productive part of the day?  We ask five successful executives how they get off to a good start.


Read more...

Foundations perspective

May 2015
Monday, April 27, 2015
BY KIM MOORE

A conversation with Martha Richards, executive director of the James F. & Marion L. Miller Foundation.


Read more...

Short Shrift:The threat of just-in-time scheduling

May 2015
Monday, April 27, 2015
BY AMY MILSHTEIN

Companies can benefit when they use software to meet staffing requirements and address employees' family and life commitments.


Read more...

Correction: Biker dreams

The Latest
Friday, May 15, 2015
bike at ater wynn-thumbBY KIM MOORE | RESEARCH EDITOR

The Portland Bureau of Transportation is seeking input from businesses on a $5.5 million initiative to create a network of biking, transit and pedestrian trails within Portland’s central city.


Read more...

The best crisis is the one you avoid

Contributed Blogs
Wednesday, April 15, 2015
crisisthumbBY GARY CONKLING | GUEST BLOGGER

Avoiding a crisis is a great way to burnish your reputation, increase brand loyalty and become a market leader.


Read more...

Cherry Raincoat

June 2015
Tuesday, May 26, 2015
BY LINDA BAKER

Spring rains are the bane of an Oregon cherry farmer’s existence. Even a few sprinkles can crack the fruit so badly it’s not worth picking. Science to the rescue: Researchers at Oregon State University have developed a spray-on film that cuts rain-related cracking in half, potentially saving a season’s crop. The coating, patented as SureSeal, is made from natural chemicals similar to those found in the skins of cherries: cellulose, palm oil-based wax and calcium.


Read more...

The Green Paradox

June 2015
Friday, May 22, 2015
BY EMILY LIEDEL

Inside the topsy-turvy world of corporate sustainability rankings.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS