Lowe's 2006 Annual Report Download - page 16

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THERE’S ALWAYS A PLACE
FOR HOME IMPROVEMENT
Lowe’s long-term growth strategy includes serving customers
in vibrant home improvement markets.
In addition to our U.S. store openings, we will expand into
Canada in 2007, opening five or six stores in the Greater
Toronto market, our rst stores outside of the U.S. Over
time, we envision as many as 100 Lowe’s stores in Canada.
We also see growth opportunity in Mexico. In 2009, we
anticipate opening three to five stores in Mexico’s third-
largest city, Monterrey, a vibrant and growing market with
a culture of homeownership.
We continue to evaluate both U.S. and international oppor-
tunities to meet the needs of home improvement customers.
2007 Projected Store Openings
Range
Northeast 38–40
Southeast 26–28
West 33–35
North Central 21–22
South Central 27–29
Toronto, Canada 5–6
Projected Openings 150–160
Lowe’s Operating Divisions
Monterrey
Toronto
WEST
NORTH
CENTRAL
NORTHEAST
SOUTHEAST
SOUTH
CENTRAL
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