Lowe's $205 million cash bid for California home-improvement retailer Orchard Supply Hardware, which filed for Ch. 11 bankruptcy protection Monday, aims to give the Mooresville, N.C.-based giant a stronger foothold in California while letting Orchard keep its name, management, employees, and small-format retail brand the Los Angeles Times reports. The proposed deal should put some pressure on Home Depot, which currently has more than double Lowe's 110-location count in the state, the Times says, adding at least 60 Orchard stores. Orchard operates 89 stores in California and two in Oregon, averaging 36,000-square-feet of enclosed retail space and 8,000-square-feet of outdoor garden space. Read the full story.