Following its filing for bankruptcy protection under Ch. 11 reorganization, California retailer Orchard Supply Hardware announced June 28 that it plans to close eight of its 91 locations. In a statement announcing the move, the company's president and CEO Mark Baker wrote that Orchard has "agreed to join Lowe's as a separate, standalone business," and that the store will continue to operate under the Orchard name and branding.
The news follows Lowe's $205 million cash bid for the struggling retailer and Orchard's bankruptcy court approval to receive $177 million to fund operations through the reorganization. The company will close its locations in the following California cities: Citrus Heights, Fairfield, Huntington Beach, Antioch (Lone Tree), Long Beach, Los Angeles (Midtown), Newark, and Vacaville.
The company has set up a website dedicated to providing updates on its restructuring, including contact information.