| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-05-01 | acquisition_addition | completed | 2025-06-02 | United States | Interior Finishes (Artisan Design Group) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Artisan Design Group completed June 2, 2025 for $1.3 billion cash; headcount added through the acquisition is not disclosed in this filing. Acquisition-related costs expensed as incurred but not quantified separately. | ||||
| 2026-05-01 | acquisition_addition | completed | 2025-10-09 | United States | Ceilings and Wall Systems; Commercial Doors and Hardware (Foundation Building Materials) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Foundation Building Materials completed October 9, 2025 for $8.8 billion cash; headcount added through the acquisition is not disclosed in this filing. FBM and ADG results are consolidated on a one-month lag. | ||||
| 2026-01-30 | acquisition_addition | completed | 2025-06-02 | 2025-06-02 | United States | Other (non-reportable); ADG operates as the Interior Finishes operating segment | USD 1,300 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Completed June 2, 2025; aggregate cash purchase price of $1,300 million net of cash acquired. ADG is a nationwide provider of design, distribution and installation services for interior surface finishes. Headcount added through the acquisition was not disclosed. | ||
| 2026-01-30 | acquisition_addition | completed | 2025-10-09 | 2025-10-09 | United States and Canada | Other (non-reportable); FBM operates as Ceilings and Wall Systems and Commercial Doors and Hardware operating segments | USD 8,778 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Completed October 9, 2025; aggregate cash purchase price of $8,778 million (approximately $8.8 billion) net of cash acquired, financed in part with $5.0 billion of unsecured notes and a $2.0 billion term loan. FBM is a nationwide distributor of interior building products, contributing branch locations in the US and Canada. Headcount added through the acquisition was not disclosed. | ||
| 2026-01-30 | acquisition_addition | completed | 2025-06-02 | 2025-06-02 | United States | Other (Interior Finishes — design, distribution and installation of interior surface finishes) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired for $1.3 billion cash; adds branch locations serving home builders and property managers. No headcount added is disclosed. | |||
| 2026-01-30 | acquisition_addition | completed | 2025-10-09 | 2025-10-09 | United States and Canada | Other (Ceilings and Wall Systems; Commercial Doors and Hardware) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired for $8.8 billion cash; FBM assets (ex-goodwill/intangibles) were 4.5% of consolidated assets and 1.5% of net sales. No headcount added is disclosed; excluded from management's ICFR assessment. | |||
| 2026-01-30 | acquisition_addition | completed | 2025-06-02 | 2025-06-02 | United States | Other (Artisan Design Group) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Artisan Design Group (ADG) completed June 2, 2025. Employee count not explicitly disclosed in footnote. | |||
| 2026-01-30 | acquisition_addition | completed | 2025-10-09 | 2025-10-09 | United States and Canada | Other (Foundation Building Materials) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Foundation Building Materials (FBM) completed October 9, 2025. Employee count not explicitly disclosed in footnote. | |||
| 2025-10-31 | acquisition_addition | completed | 2025-06-02 | United States | Pro / interior surface finish distribution and installation services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition completed June 2, 2025 for $1.3 billion cash; no employee headcount acquired or added was disclosed. | ||||
| 2025-10-31 | acquisition_addition | completed | 2025-10-09 | United States | Pro building materials distribution | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition completed October 9, 2025 for $8.8 billion cash; no employee headcount acquired or added was disclosed. | ||||
| 2025-08-01 | acquisition_addition | completed | 2025-04-09 | United States | Pro customer offering / interior surface finishing distribution | USD 1,300 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquisition of Artisan Design Group completed June 2, 2025 for $1.3 billion cash; headcount added not disclosed. Purchase price allocation includes intangibles of $714 million and goodwill of $379 million. | |||
| 2025-08-01 | acquisition_addition | announced | 2025-08-20 | United States | Pro customer offering / building materials distribution | USD 8,800 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Definitive agreement to acquire Foundation Building Materials for approximately $8.8 billion, to be funded with short- and long-term debt; expected to close in Q4 fiscal 2025 subject to regulatory approval. Headcount impact not disclosed. | |||
| 2025-08-01 | acquisition_addition | completed | 2025-04-09 | 2025-06-02 | United States | Pro / interior surface finish distribution and installation services | USD 1,300 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closed June 2, 2025 for $1.3 billion cash; purchase price allocation discloses acquired assets and liabilities but no employee headcount transferred. Acquisition-related costs expensed as incurred; $43 million pre-tax transaction and purchase accounting costs in Q2 reduced diluted EPS by $0.06. | ||
| 2025-08-01 | acquisition_addition | announced | 2025-08-20 | United States | Pro / building materials distribution | USD 8,800 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement announced August 20, 2025 to acquire FBM for approximately $8.8 billion, to be funded with short- and long-term debt; expected to close in Q4 fiscal 2025 subject to regulatory approval. No headcount disclosed. | |||
| 2025-08-01 | acquisition_addition | completed | 2025-04-09 | 2025-06-02 | United States | Design, distribution and installation services | USD 1,300 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Artisan Design Group (ADG) completed June 2, 2025 for $1.3 billion. Employee count not disclosed. | ||
| 2025-08-01 | acquisition_addition | announced | 2025-08-20 | United States | Building materials | USD 8,800 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Definitive agreement to acquire Foundation Building Materials (FBM) for approx. $8.8 billion. Employee count not disclosed. | |||
| 2025-05-02 | acquisition_addition | announced | 2025-04-09 | 2025-07-31 | United States | Pro / interior surface finish distribution and installation services | USD 1,325 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Artisan Design Group (ADG) for $1.325 billion, announced 2025-04-09; expected to close in Q2 fiscal 2025. No headcount added disclosed. Charge value reflects purchase price, not a workforce charge. | ||
| 2024-02-02 | divestiture_reduction | completed | 2023-02-03 | Canada | Canadian retail business (RONA, Lowe's Canada, Réno-Dépôt, Dick's Lumber) | USD 2,501 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale to Sycamore Partners completed 2023-02-03 for $491M cash plus contingent consideration; 232 corporate stores and 210 dealer-owned stores. Associated pre-tax costs of $2.5B (impairment, loss on sale, closing costs) recorded in fiscal 2022; fiscal 2023 recorded a $79M net gain. No employee headcount associated with the divestiture is disclosed. | |||
| 2024-02-02 | divestiture_reduction | completed | 2022-10-28 | 2023-02-03 | Canada | Retail | USD 2,500 (millions) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Sale of Canadian retail business completed Feb 3, 2023. Pre-tax costs of $2.5 billion recorded in FY2022 (prior year) included impairment and loss on sale. No specific employee count disclosed for the divestiture in this filing. | ||
| 2023-02-03 | divestiture_reduction | completed | 2023-02-03 | Canada | Canadian retail business (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber banners) | USD 2,501 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sale to Sycamore Partners closed on the fiscal year-end date for $491 million cash plus contingent consideration with a $21 million fair value. Fiscal 2022 pre-tax charges of $2.5 billion comprised long-lived asset impairment ($2,061M), loss on sale ($421M), and transaction costs ($19M), recorded in SG&A. Employee headcount transferred was not disclosed; the divested business operated 232 corporate stores and serviced 210 dealer-owned stores. | |||
| 2023-02-03 | divestiture_reduction | completed | 2023-02-03 | Canada | Canadian retail business (RONA, Lowe's Canada, Réno-Dépôt, Dick's Lumber banners) | USD 2,501 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sold to Sycamore Partners for $491 million cash plus $21 million fair-value contingent consideration; $2.5 billion pre-tax charges comprising $2,061M long-lived asset impairment, $421M loss on sale, and $19M transaction costs. Business operated 232 stores and serviced 210 dealer-owned stores; associated employee headcount not disclosed. Announcement date not stated in filing. | |||
| 2023-02-03 | divestiture_reduction | completed | 2023-02-03 | 2023-02-03 | Canada | Retail | USD 2,501 (millions) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Sale of Canadian retail business completed on Feb 3, 2023. Pre-tax costs of $2.5 billion recorded (impairment, loss on sale, transaction costs). Specific headcount removed not disclosed. | ||
| 2022-10-28 | divestiture_reduction | announced | 2022-11-03 | 2023-06-30 | Canada | Canadian retail business (RONA, Lowe's Canada, Réno-Dépôt, Dick's Lumber) | USD 2,100 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Definitive agreement to sell Canadian retail business to Sycamore Partners for $400 million cash plus deferred consideration; $2.1 billion pre-tax long-lived asset impairment recorded in SG&A in Q3 FY2022; approximately $300 million of additional deal-related transaction costs expected at closing, including loss on sale. Expected to close in early calendar 2023. No employee headcount figures disclosed. | ||
| 2022-10-28 | divestiture_reduction | announced | 2022-11-03 | Canada | Canadian retail business (RONA, Lowe's Canada, Réno-Dépôt, Dick's Lumber) | USD 2,068 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell the Canadian retail business to Sycamore Partners for $400 million cash plus deferred consideration, signed 2022-11-03 (after quarter end); expected to close in early calendar 2023. No affected-employee count disclosed. Charge shown is the Q3 long-lived asset impairment ($2.1 billion, $2,068 million per impairment table) recorded in SG&A, not severance; an additional approximately $300 million of deal-related costs (loss on sale and closing costs) is expected at closing. | |||
| 2022-10-28 | divestiture_reduction | announced | 2022-11-03 | 2023-03-31 | Canada | Canadian retail business | USD 2,100 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Company entered into definitive agreement to sell Canadian retail business. Recorded $2.1 billion long-lived asset impairment reflecting full carrying value of long-lived assets. Employee count not disclosed. | ||
| 2022-01-28 | restructuring | in_progress | Canada | Canadian retail operations (RONA and Lowe's banners) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Residual Canada restructuring activity in fiscal 2021 only: $14M cash payments against a $69M opening accrual, ending balance $54M, with no charges to costs recorded in fiscal 2021. The program, which included closing 34 under-performing Canadian stores, was decided in fiscal 2019 with charges recognized in fiscal 2019 and fiscal 2020; no employee-affected count is disclosed for any period. | |||||
| 2022-01-28 | restructuring | completed | 2019-10-01 | Canada | Retail Operations | USD 45 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Pre-tax operating costs of $45 million related to inventory write-downs and other closing costs recognized in fiscal 2020 (ended Jan 29, 2021) as part of Canada restructuring actions. Employee count not disclosed. | |||
| 2021-04-30 | restructuring | completed | Canada | USD 9 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Filer recognized $9 million pre-tax operating costs related to severance and other costs for Canada restructuring in Q1 2020. No employee count disclosed. | |||||
| 2021-01-29 | restructuring | completed | Canada | Canadian retail operations (RONA inc. and Lowe's Canada) | USD 35 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year program: strategic review began in Q3 fiscal 2019; decision to close 34 under-performing Canadian stores and take additional restructuring actions was made in Q4 fiscal 2019 (precise announcement date not disclosed), with closures and related charges executed during fiscal 2020. Fiscal 2020 charges of $35M comprise $15M severance, $1M accelerated depreciation and amortization, and $19M other closing costs; the MD&A non-GAAP discussion separately cites $45M of fiscal 2020 pre-tax operating costs including inventory write-downs recorded in cost of sales. Number of employees affected is not disclosed. Cumulative program charges of $143M include $108M recognized in fiscal 2019, which falls outside the current fiscal year and was not extracted. No expected completion date or future charges are disclosed. | ||||
| 2021-01-29 | plant_closure | in_progress | Canada | Canadian retail operations (RONA banners) | USD 35 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision to close 34 under-performing Canadian stores was announced in Q4 fiscal 2019 following a strategic review begun in Q3 fiscal 2019. FY2020 charges of $35M comprise $15M severance, $1M accelerated depreciation and $19M other closing costs; cumulative program charges through FY2020 total $143M. No employee-affected count disclosed; charges are current-fiscal-year activity only. | ||||
| 2021-01-29 | restructuring | completed | 2019-10-01 | 2021-01-29 | Canada | Retail Operations | USD 45 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Pre-tax operating costs of $45 million related to inventory write-downs and other closing costs recognized in fiscal 2020 as part of Canada restructuring actions announced in Q4 2019. | ||
| 2021-01-29 | plant_closure | completed | 2019-10-01 | 2021-01-29 | Canada | Retail Operations | USD 35 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Decision made to close 34 under-performing stores in Canada. Pre-tax charges of $35 million recognized in fiscal 2020. | ||
| 2020-10-30 | restructuring | completed | 2019-11-01 | Canada | Canadian retail operations (RONA inc.) | USD 53 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Canada store closings were completed in the first quarter of fiscal 2020; remaining inventory write-downs and other closing costs of $13 million pre-tax recognized in Q3 FY2020. No employee counts disclosed. | |||
| 2020-10-30 | restructuring | completed | 2019-09-01 | 2020-04-30 | Canada | Retail Operations | USD 13 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Company recognized $13 million pre-tax operating costs related to remaining inventory write-downs and other closing costs for Canada restructuring. Store closings completed in Q1 FY2020. | ||
| 2020-07-31 | restructuring | in_progress | Canada | Canadian retail operations | USD 10 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Pre-tax operating costs in Q2 FY2020 for remaining inventory write-downs and store closing costs tied to actions announced in fiscal 2019 to improve Canadian operations; no employee counts disclosed. | ||||
| 2020-07-31 | restructuring | in_progress | Canada | USD 10 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Strategic review of Canadian operations began in fiscal 2019; Q2 charge covers remaining inventory write-downs and store closing costs. No employee count, announcement date, or completion date disclosed in this filing. | |||||
| 2020-07-31 | restructuring | completed | Canada | USD 10 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Pre-tax operating costs related to remaining inventory write-downs and store closing costs. | |||||
| 2020-05-01 | restructuring | in_progress | Canada | Canadian retail operations | USD 9 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Pre-tax operating costs for exit costs tied to strategic review and improvement actions for Canadian operations announced in fiscal 2019; no employee count disclosed. | ||||
| 2020-05-01 | other | completed | 1 | 2020-04-06 | 2020-04-06 | United States | Executive Vice President, Human Resources | USD 3 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Mutually agreed termination without Cause effective April 6, 2020; severance of $2,508,000 payable in installments over the Severance Period, with health care continuation and outplacement assistance. | |
| 2020-05-01 | restructuring | in_progress | Canada | Canadian operations | USD 9 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Strategic review of Canadian operations began in Q3 fiscal 2019 with additional actions announced in Q4 fiscal 2019; $9M of pre-tax exit costs recognized in the quarter. No employee count or completion date disclosed. | ||||
| 2020-05-01 | restructuring | completed | Canada | USD 9 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Pre-tax operating costs related to exit costs (Canada restructuring). Employee count not disclosed. | |||||
| 2020-01-31 | restructuring | in_progress | Canada | Canadian retail operations and corporate structure | USD 230 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Strategic review of Canadian operations initiated in Q3 FY2019 (quarter ended 2019-11-01); decision to close 34 under-performing stores made in Q4 FY2019. 28 stores closed by fiscal year-end with remaining 6 expected to close in early fiscal 2020. Note 8 itemizes $108M of charges (long-lived asset impairment $53M, accelerated depreciation and amortization $23M, severance $17M, other closing costs $15M); remainder of the $230M total FY2019 pre-tax charge relates to inventory liquidation recorded in cost of sales. Also includes SKU rationalization and corporate reorganization; number of employees affected not disclosed. | ||||
| 2020-01-31 | divestiture_reduction | completed | 2018-11-20 | Mexico | Mexico retail operations | USD 35 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Exit of Mexico retail operations announced November 20, 2018 (prior fiscal year); in Q1 FY2019 the decision changed to sell the assets of the business. FY2019 activity: $35M pre-tax operating costs for the exit and ongoing wind-down, partially offset by an $82M tax benefit recognized in Q1. Executive Overview states the closure of the Mexico business was finalized during fiscal 2019. Headcount affected not disclosed. | |||
| 2020-01-31 | restructuring | in_progress | Canada | Canadian operations (retail stores and corporate structure) | USD 230 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Strategic review of Canadian operations commenced in Q3 FY2019; decision to close 34 under-performing stores made in Q4 FY2019 (exact announcement dates not disclosed). 28 closures completed in Q4 FY2019, remaining six expected early fiscal 2020. Program also included SKU rationalization and corporate reorganization. Pre-tax charges of $230M per MD&A (Note 8 summarizes $108M of significant charges, including $53M long-lived asset impairment, $23M accelerated depreciation, $17M severance, $15M other closing costs; inventory liquidation recorded in cost of sales). Employees affected not disclosed. | ||||
| 2020-01-31 | divestiture_reduction | in_progress | 2018-11-09 | Mexico | Mexico retail operations | USD 35 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Exit decision made 2018-11-09 (prior fiscal year); FY2019 activity comprises ongoing wind-down plus the Q1 FY2019 decision to sell assets rather than the operating business, generating an $82M tax benefit partially offset by $35M of pre-tax operating costs. Employees affected not disclosed; wind-down continued into fiscal 2020. | |||
| 2020-01-31 | restructuring | completed | 2019-08-01 | 2020-01-31 | Canada | Retail Operations | USD 230 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Strategic review of Canadian operations resulted in closure of 28 under-performing stores in Q4 2019, with 6 additional planned for early FY2020. Total pretax operating costs and charges were $230 million. | ||
| 2020-01-31 | divestiture_reduction | completed | 2018-11-20 | 2020-01-31 | Mexico | Retail Operations | USD 35 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Exit of Mexico retail operations. Decision made in Q1 2019 to sell assets rather than operating business. $35 million pretax operating costs recognized in FY2019. | ||
| 2020-01-31 | restructuring | completed | 2018-08-17 | 2019-02-01 | United States | Retail Operations | USD 561 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Exit of Orchard Supply Hardware operations. All 99 stores, distribution facility, and corporate office closed by end of FY2018. Total charges of $561 million recognized in FY2018. | ||
| 2020-01-31 | restructuring | completed | 2018-10-31 | 2019-02-01 | United States and Canada | Retail Operations | USD 271 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Closure of 20 under-performing U.S. stores and 31 locations in Canada. Total pretax charges of $271 million recognized in FY2018. | ||
| 2020-01-31 | restructuring | completed | 2018-10-31 | 2019-02-01 | United States | Retail Operations | USD 46 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Exit of non-core activities including Alacrity Renovation Services and Iris Smart Home. Total pretax charges of $46 million recognized in FY2018. | ||
| 2020-01-31 | restructuring | completed | 2018-10-31 | 2019-02-01 | United States | Retail Operations | USD 13 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Elimination of Project Specialists Interiors position. Pre-tax charge of $13 million recognized in FY2018. | ||
| 2019-11-01 | restructuring | in_progress | 2019-11-01 | Canada | Canadian retail operations | USD 53 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Strategic review of Canadian operations initiated in Q3 FY2019; $53 million non-cash pre-tax long-lived asset impairment charge recognized in SG&A. No employee counts disclosed. | |||
| 2019-11-01 | plant_closure | announced | 2019-11-01 | Canada | Canadian retail stores | USD 200 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Decision made after quarter-end to close 34 under-performing Canadian stores plus additional restructuring actions; expected Q4 FY2019 pre-tax charges of $175 to $225 million for inventory liquidation, accelerated depreciation and amortization, severance, and other costs. Employee headcount affected not disclosed. | |||
| 2019-11-01 | restructuring | in_progress | 2019-08-03 | Canada | Retail stores | USD 53 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Strategic review of Canadian operations triggered long-lived asset impairment of $53M in Q3; no employee count disclosed. | |||
| 2019-11-01 | plant_closure | announced | 2019-11-01 | Canada | Retail stores | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter decision to close 34 underperforming Canadian stores; expected Q4 2019 pre-tax charges of $175M-$225M covering inventory liquidation, accelerated depreciation, severance, and other costs. No employee count disclosed. | ||||
| 2019-11-01 | restructuring | in_progress | 2019-08-03 | Canada | Canadian Operations | USD 53 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Strategic review of Canadian operations resulted in $53 million pre-tax charges for long-lived asset impairment. Employee count not disclosed. | |||
| 2019-11-01 | plant_closure | announced | 2019-11-01 | Canada | Canadian Operations | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Decision to close 34 under-performing stores in Canada. Expected additional operating costs and pre-tax charges of $175-$225 million in Q4 2019. Employee count not disclosed. | ||||
| 2019-08-02 | divestiture_reduction | in_progress | Mexico | Retail operations | USD 14 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Company announced in fiscal 2018 its intention to exit Mexico retail operations; during Q2 2019 it incurred $14 million of pre-tax operating costs (with a $3 million tax benefit) associated with the wind-down. No employee headcount figures disclosed. | ||||
| 2019-08-02 | divestiture_reduction | in_progress | 2018 | Mexico | Mexico retail operations | USD 14 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax operating costs of $14M (with a $3M tax benefit) incurred in Q2 2019 for the wind-down; no employee count disclosed. Company shifted from selling the operating business to an asset liquidation in Q1 2019. | |||
| 2019-08-02 | plant_closure | completed | 2018-08-17 | 2019-02-01 | California, Oregon, Florida | Orchard Supply Hardware | USD 230 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company exited Orchard operations by closing 99 stores, a distribution facility, and corporate office. All facilities closed by end of fiscal 2018. Charges included $206M impairment and $24M discontinued project write-offs. | ||
| 2019-08-02 | divestiture_reduction | in_progress | Mexico | Retail Operations | USD 14 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Wind-down of Mexico retail operations incurred $14M pre-tax operating costs in Q2 2019. Decision made to sell assets through liquidation. | ||||
| 2019-05-03 | divestiture_reduction | in_progress | 2018-01-01 | Mexico | Retail operations | USD 12 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Company announced intent in fiscal 2018 to exit Mexico retail operations; in Q1 2019 decided to sell assets through liquidation rather than sell the operating business. $12 million pre-tax operating costs for Mexico operations in the quarter; $82 million favorable tax benefit recognized. No employee headcount affected was disclosed. | |||
| 2019-05-03 | divestiture_reduction | in_progress | 2019-05-03 | Mexico | Retail operations | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision made during Q1 2019 to exit Mexico retail operations via asset liquidation rather than sale of the operating business; resulted in $82M tax benefit offset by $12M pre-tax operating costs. No employee count disclosed. | ||||
| 2019-02-01 | plant_closure | completed | 2018-08-17 | 2019-02-01 | United States (California, Oregon, Florida) | Orchard Supply Hardware (Orchard) — all 99 stores, servicing distribution facility, and corporate office | USD 561 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Total combines quarterly pre-tax charges disclosed in Note 8: $230M in Q2 (including $206M long-lived asset impairments and $24M discontinued projects), $123M in Q3 ($103M accelerated depreciation and amortization, $11M severance, $9M lease obligations), and $208M in Q4 (primarily lease obligation costs at cease-use dates). All facilities closed by fiscal year-end 2018 with assistance from a third-party liquidation partner. Employee headcount affected not disclosed. | ||
| 2019-02-01 | plant_closure | completed | 2018-10-31 | 2019-02-01 | United States and Canada | 20 under-performing U.S. home improvement stores; 31 locations in Canada, including 27 stores | USD 271 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Total combines disclosed charges of $121M in Q3 ($90M long-lived asset impairments, $21M severance, $10M discontinued project costs) and $150M in Q4 ($89M lease obligations, $50M accelerated depreciation, $11M severance). Also included a decision to no longer pursue one new store project in process. Closings completed in Q4 fiscal 2018; headcount affected not disclosed. | ||
| 2019-02-01 | divestiture_reduction | announced | 2018-11-20 | Mexico | Mexico retail operations (13 stores) | USD 244 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Management and Board decided to pursue exit on 2018-11-09; plans publicly announced 2018-11-20. Assets classified as held for sale at fiscal year-end and being marketed to potential acquirers; exit alternatives still under evaluation, so no completion date. Charges are non-cash impairments: $22M Q3 long-lived asset impairment plus $222M Q4 charge to measure assets at fair value less costs to sell. No headcount or severance figures disclosed. | |||
| 2019-02-01 | restructuring | completed | United States | Exit of non-core activities: Alacrity Renovation Services and Iris Smart Home (U.S. home improvement business) | USD 46 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Decision made during Q3 fiscal 2018 (quarter ended 2018-11-02). Total combines disclosed charges of $14M in Q3 ($9M long-lived asset impairments, $5M inventory write-down) and $32M in Q4 ($27M closing costs, $3M severance, $2M inventory write-down). Headcount affected not disclosed. | ||||
| 2019-02-01 | reduction_in_force | completed | United States | Project Specialists Interiors (PSI) positions across U.S. home improvement stores | USD 13 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Position eliminated during Q4 fiscal 2018 (quarter ended 2019-02-01); $13M pre-tax severance charges recorded. Headcount affected not disclosed. | ||||
| 2019-02-01 | plant_closure | completed | 2018-08-17 | 2019-02-01 | United States (California, Oregon, Florida) | Orchard Supply Hardware | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approved closure of all 99 Orchard stores plus a distribution facility and corporate office; all facilities closed by fiscal year-end. Pre-tax charges of $230M (Q2), $123M (Q3) and $208M (Q4) disclosed separately by quarter; no annual program total stated, so charge left null. No employee headcount disclosed. | |||
| 2019-02-01 | plant_closure | completed | 2018-10-31 | 2019-02-01 | United States and Canada | Home improvement stores | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Committed to closing 20 U.S. stores and 31 Canadian locations including 27 stores; closings completed in Q4. Pre-tax charges of $121M (Q3) and $150M (Q4) disclosed by quarter; no annual total stated. Also abandoned one in-process new store project. No employee headcount disclosed. | |||
| 2019-02-01 | plant_closure | in_progress | 2018-11-20 | Mexico | Retail operations | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Board decision to exit made 2018-11-09; publicly announced 2018-11-20. Covers 13 stores plus a corporate facility, classified held-for-sale at year-end while exit alternatives are explored. Pre-tax charges of $22M (Q3) and $222M (Q4) disclosed by quarter. No employee headcount disclosed. | ||||
| 2019-02-01 | divestiture_reduction | in_progress | United States | Non-core activities (Alacrity Renovation Services, Iris Smart Home) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision to exit made during Q3 fiscal 2018; no specific announcement date stated. Pre-tax charges of $14M (Q3) and $32M (Q4) disclosed by quarter, including long-lived asset impairment, severance, closing costs and inventory write-downs. No employee headcount disclosed. | |||||
| 2019-02-01 | reduction_in_force | in_progress | United States | Project Specialists Interiors (store-based roles) | USD 13 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision made during Q4 fiscal 2018 to eliminate the Project Specialists Interiors position across U.S. stores; filing does not state completion status. Charge represents severance costs. No employee headcount disclosed. | ||||
| 2019-02-01 | restructuring | completed | 2018-08-17 | 2019-02-01 | United States | Orchard Supply Hardware | USD 561 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Exit of Orchard Supply Hardware operations. Total pre-tax charges of $561 million ($230M Q2, $123M Q3, $208M Q4) including impairments, lease obligations, and severance. Employee count not explicitly disclosed. | ||
| 2019-02-01 | plant_closure | completed | 2018-10-31 | 2019-02-01 | United States | Home Improvement Stores | USD 240 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of 20 under-performing U.S. stores. Total pre-tax charges of $240 million ($121M Q3, $150M Q4) including impairments, lease obligations, and severance. Employee count not explicitly disclosed. | ||
| 2019-02-01 | plant_closure | completed | 2018-10-31 | 2019-02-01 | Canada | Home Improvement Stores | USD 240 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of 31 Canadian locations (27 stores). Combined with U.S. store closures in Note 8, total charges for U.S. and Canada store closures are $240 million. Employee count not explicitly disclosed. | ||
| 2019-02-01 | restructuring | completed | 2018-11-09 | 2019-02-01 | Mexico | Retail Operations | USD 244 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Exit of Mexico retail operations (13 stores). Total pre-tax charges of $244 million ($22M Q3, $222M Q4) primarily for asset impairments. Employee count not explicitly disclosed. | ||
| 2019-02-01 | restructuring | completed | 2018-11-02 | 2019-02-01 | United States | Non-core Activities | USD 46 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Exit of certain non-core activities (Alacrity Renovation Services, Iris Smart Home). Total pre-tax charges of $46 million ($14M Q3, $32M Q4) including impairments and inventory write-downs. Employee count not explicitly disclosed. | ||
| 2019-02-01 | reduction_in_force | completed | 2019-01-01 | 2019-02-01 | United States | Project Specialists Interiors | USD 13 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Elimination of Project Specialists Interiors positions. Pre-tax charge of $13 million for severance costs in Q4. Employee count not explicitly disclosed. | ||
| 2019-02-01 | restructuring | in_progress | Contract Termination [Member] | USD 365,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-11-02 | plant_closure | in_progress | 2018-08-17 | 2019-02-01 | California, Oregon and Florida (United States) | Orchard Supply Hardware | USD 353 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Exit of all 99 Orchard stores plus servicing distribution facility and corporate office. Q2 FY2018 charges of $230 million (including $206 million long-lived asset impairment) and Q3 charges of $123 million (accelerated D&A $103M, severance $11M, lease obligations $9M). Additional Q4 charges of $270-$350 million expected, primarily lease obligation costs. | ||
| 2018-11-02 | plant_closure | in_progress | 2018-10-31 | 2019-02-01 | United States and Canada | U.S. home improvement stores; Canada locations | USD 121 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Closing 20 U.S. home improvement stores and 31 locations in Canada, including 27 stores. Q3 charges of $121 million: $90 million long-lived asset impairment, $21 million severance, $10 million discontinued project costs. Additional Q4 charges of $190-$230 million expected, primarily lease obligations and accelerated depreciation. | ||
| 2018-11-02 | restructuring | in_progress | 2018-08-04 | 2019-02-01 | United States | Alacrity Renovation Services and Iris Smart Home | USD 14 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Exit of certain immaterial non-core activities within U.S. home improvement business. Q3 charges of $14 million: $9 million long-lived asset impairment and $5 million inventory write-down to net realizable value. Exits intended to be completed before fiscal year-end. | ||
| 2018-11-02 | divestiture_reduction | announced | 2018-11-09 | Mexico | Mexico retail operations (13 stores) | USD 22 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Management and board decided to pursue exit of Mexico retail operations consisting of 13 stores; exit alternatives being explored. Q3 long-lived asset impairment charge of $22 million recorded. Net book value of Mexico operations $294 million including $100 million cumulative translation adjustment. Additional charges cannot be reasonably estimated. | |||
| 2018-11-02 | plant_closure | in_progress | 2018-08-17 | 2019-02-01 | United States (California, Oregon, Florida) | Orchard Supply Hardware operations, including distribution facility and corporate office | USD 123 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q3 pre-tax charges comprised $103M accelerated depreciation and amortization, $11M severance, $9M lease obligation costs; Q2 recorded $230M of charges. No employee count disclosed; all 99 Orchard stores to close before fiscal year-end. | ||
| 2018-11-02 | plant_closure | in_progress | 2018-10-31 | 2019-02-01 | United States and Canada | Home improvement retail — 20 U.S. stores and 31 Canadian locations (including 27 stores) | USD 121 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q3 charges included $90M long-lived asset impairment, $21M severance, $10M discontinued project write-offs. Filer presents U.S. and Canada components under a single combined charge; no employee counts disclosed. Additional Q4 charges of $190M to $230M expected, primarily lease and accelerated depreciation. | ||
| 2018-11-02 | other | completed | 2018-11-02 | 2019-02-01 | United States | Non-core activities within U.S. home improvement business (Alacrity Renovation Services, Iris Smart Home) | USD 14 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q3 charges comprised $9M long-lived asset impairment and $5M inventory write-down to net realizable value; MD&A states exits intended to complete before fiscal year-end. No employee count disclosed. | ||
| 2018-11-02 | plant_closure | announced | 2018-11-09 | Mexico | Mexico retail operations — 13 stores plus a corporate facility | USD 22 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Board decision on 2018-11-09, after quarter end, to pursue exit; $22M long-lived asset impairment recorded in Q3. Total net book value of Mexico operations was $294M at 2018-11-02, including $100M cumulative translation adjustment. Future charge amounts, nature and timing cannot be reasonably estimated; no employee count disclosed. | |||
| 2018-11-02 | restructuring | in_progress | 2018-08-17 | 2019-02-01 | United States | Orchard Supply Hardware | USD 123 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of Orchard operations; 99 stores closing. Q3 charges include accelerated depreciation, severance, and lease obligations. Employee count not disclosed. | ||
| 2018-11-02 | plant_closure | in_progress | 2018-10-31 | 2019-02-01 | United States | Home Improvement | USD 90 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of 20 U.S. home improvement stores. Q3 charges include asset impairment and severance. Employee count not disclosed. | ||
| 2018-11-02 | plant_closure | in_progress | 2018-10-31 | 2019-02-01 | Canada | Home Improvement | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of 31 locations in Canada, including 27 stores. Specific charge allocation for Canada not separated from US in Q3 footnote table, but included in total $121M charge for US/Canada closings. | |||
| 2018-11-02 | restructuring | in_progress | 2018-11-02 | United States | Non-core activities | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of certain immaterial non-core activities (Alacrity Renovation Services, Iris Smart Home). Employee count not disclosed. | |||
| 2018-11-02 | restructuring | announced | 2018-11-09 | Mexico | Retail Operations | USD 22 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Decision to exit Mexico retail operations (13 stores). Q3 impairment charge recorded. Future charges cannot be reasonably estimated. | |||
| 2018-08-03 | plant_closure | announced | 2018-08-17 | 2019-02-01 | California, Oregon, Florida | Orchard Supply Hardware | USD 230 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Company committed to exit Orchard operations, closing all 99 stores plus one distribution facility by end of fiscal 2018. Q2 included $230 million of non-cash pre-tax charges for long-lived asset impairments and discontinued projects; additional pre-tax costs of $390-$475 million expected in H2 fiscal 2018, including lease obligations of $280-$360 million, accelerated depreciation/amortization of ~$100 million, and severance of $10-$15 million. Employee headcount affected not disclosed. | ||
| 2018-08-03 | other | announced | 1 | 2018-07-09 | 2018-11-06 | United States | Merchandising organization | USD 1 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Retention agreement for merchandising executive through November 6, 2018; if retained through the retention period, employee to be offered severance of $1,087,500 paid in twelve equal installments plus pro rata bonus eligibility. Individual executive transition, not a broad workforce reduction. | |
| 2018-08-03 | plant_closure | announced | 2018-08-17 | 2019-02-01 | California, Oregon and Florida (US) | Orchard Supply Hardware operations (99 stores plus one distribution facility) | USD 230 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | $230M non-cash pre-tax charges (long-lived asset impairments and discontinued projects) recorded in Q2; an additional $390-475M pre-tax costs expected in H2 fiscal 2018 (lease obligations $280-360M, accelerated D&A ~$100M, severance $10-15M). No employee count disclosed; store closures to be completed by end of fiscal 2018. | ||
| 2018-08-03 | plant_closure | announced | 2018-08-17 | 2019-01-31 | California, Oregon, Florida | Orchard Supply Hardware | USD 433 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Company committed to exit Orchard operations, closing 99 stores and one distribution facility by end of fiscal 2018. Expected pre-tax costs $390-$475 million, including $10-$15 million for severance. Charge value represents midpoint of expected range. | ||
| 2018-02-02 | acquisition_addition | completed | 2017-06-23 | 2017-06-23 | Maintenance, repair and operations (MRO) distribution serving the multifamily housing industry | USD 513 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired Maintenance Supply Headquarters on June 23, 2017; date shown reflects completion rather than public announcement. Aggregate cash purchase price was $513 million ($509 million net of cash acquired per the cash flow statement). Headcount added through the acquisition was not disclosed. | |||
| 2018-02-02 | other | in_progress | Closed retail locations | USD 19 (millions) | other f5-10k / GLM-5.3-flash-HTML | Fiscal 2017 roll-forward of the exit-activities reserve: $66 million opening balance, $19 million of charges to costs and expenses, $25 million of deductions representing lease payments net of sublease income, and $60 million closing balance. Per Note 1, the reserve covers closed-location lease obligations plus one-time employee termination benefits; no employee counts or named closure events are disclosed and accrued exit-activity amounts are described as not material. This is the filing's only restructuring-adjacent disclosure and is not a discrete announced program. | |||||
| 2018-02-02 | acquisition_addition | completed | 2017-06-23 | 2017-06-23 | United States | Maintenance, repair and operations (MRO) distribution — multifamily housing Pro channel | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Maintenance Supply Headquarters completed June 23, 2017; aggregate cash purchase price of $513 million disclosed, but no headcount added is disclosed. Excluded from management's ICFR assessment (1.5% of total assets, 0.3% of net sales). | |||
| 2018-02-02 | divestiture_reduction | completed | Australia | Australian joint venture (Masters Home Improvement / Home Timber and Hardware) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the Company's one-third interest in the Woolworths joint venture completed during the second quarter of fiscal 2017 for proceeds of $199 million (gain of $96 million); exact transaction dates and affected headcount not disclosed. Decision to exit was announced in fiscal 2015. | |||||
| 2018-02-02 | acquisition_addition | completed | 2017-06-23 | United States | Maintenance Supply Headquarters | USD 509 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Maintenance Supply Headquarters completed June 23, 2017. Headcount not explicitly disclosed. | |||
| 2018-02-02 | acquisition_addition | completed | 2016-05-20 | Canada | RONA | USD 2,367 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of RONA completed May 20, 2016. Headcount not explicitly disclosed in current year filing. | |||
| 2017-11-03 | acquisition_addition | completed | 2017-06-23 | Maintenance, repair and operations (MRO) products | USD 513 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Maintenance Supply Headquarters completed June 23, 2017. Purchase price $513 million. Headcount not disclosed. | ||||
| 2017-08-04 | acquisition_addition | completed | 2017-06-23 | 2017-06-23 | United States | Pro customer / multifamily housing MRO distribution | USD 513 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquisition of Maintenance Supply Headquarters completed June 23, 2017 for $513 million aggregate purchase price; filing does not disclose the number of employees added. | ||
| 2017-08-04 | acquisition_addition | completed | 2017-06-23 | 2017-06-23 | United States | Pro / multifamily housing MRO distribution | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Maintenance Supply Headquarters completed 2017-06-23 for $513 million; no employee headcount transferred or added is disclosed, and acquisition-related costs were not significant. | |||
| 2017-08-04 | acquisition_addition | completed | 2017-06-23 | United States | Maintenance, repair and operations (MRO) distribution | USD 513 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Maintenance Supply Headquarters completed June 23, 2017. Headcount not disclosed. | |||
| 2017-05-05 | acquisition_addition | announced | 2017-05-12 | 2017-07 | United States | Maintenance, repair and operations (MRO) Pro customers / multifamily housing distribution | USD 512 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Definitive agreement to acquire Maintenance Supply Headquarters, a distributor of MRO products to the multifamily housing industry; total transaction price approximately $512 million, expected to close in Q2 2017 pending regulatory approval. Headcount to be added not disclosed. | ||
| 2017-05-05 | acquisition_addition | announced | 2017-05-12 | United States | Maintenance, repair and operations (multifamily housing distribution) | USD 512 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Maintenance Supply Headquarters for approximately $512 million; expected to close in Q2 2017 pending regulatory approval. No headcount figure disclosed for the acquired workforce. | |||
| 2017-02-03 | restructuring | in_progress | United States, Canada | Stores, distribution centers, corporate offices | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Organizational changes across stores, distribution centers and corporate offices; disclosed only as a $0.09 pre-tax per-share impact and 12 bps of SG&A deleverage. No headcount, total charge, dates or completion timeline given. | |||||
| 2017-02-03 | acquisition_addition | completed | Canada | Home improvement retail (RONA banners) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition closed 2016-05-20 for C$24 per share; added 245 stores plus service to ~236 dealer-owned stores. Filer states the acquisition was not material to the consolidated financial statements and provides no pro forma or employee headcount figures. | |||||
| 2017-02-03 | plant_closure | completed | United States, Canada | Retail locations | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 10 locations subject to operating leases closed or relocated during fiscal 2016; exit-activity accrual additions of $47 million and cash payments of $48 million. No employee counts disclosed. | |||||
| 2017-02-03 | acquisition_addition | completed | 2016-05-20 | 2016-05-20 | Canada | Retail | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquired RONA inc. on May 20, 2016. Specific headcount added not disclosed in this filing. | |||
| 2017-02-03 | restructuring | in_progress | USD 47,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2016-10-28 | acquisition_addition | completed | 2016-05-20 | 2016-05-20 | Canada | Retail (hardware, building materials, home renovation) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of RONA inc. closed May 20, 2016 for C$24/share; 245 RONA stores added to store count. No employee headcount acquired or added is disclosed in the filing. | |||
| 2016-07-29 | acquisition_addition | completed | 2016-05-20 | 2016-05-20 | Canada | Home improvement retail and distribution | USD 2,367 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Lowe's acquired all outstanding common shares of RONA inc. for C$24 per share in cash; total cash consideration including settlement of RONA's revolving credit facility was C$3.1 billion ($2.4 billion). No employee headcount figures were disclosed in the filing. | ||
| 2016-07-29 | acquisition_addition | completed | 2016-05-20 | 2016-05-20 | Canada | Retail (hardware, building materials, home renovation) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition closed May 20, 2016 for C$24 per share; 242 RONA stores added to store count. No employee headcount acquired or added was disclosed in the filing. | |||
| 2016-07-29 | divestiture_reduction | announced | 2016-08-23 | 2016-12-31 | Australia | Joint venture — Hydrox Holdings Pty Ltd. (Masters Home Improvement; Home Timber and Hardware) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter, Woolworths claimed unilateral termination and initiated wind-down of the JV; Lowe's sought appointment of an administrator. Non-cash losses expected in Q3 fiscal 2016, capped at the $393M carrying value. No workforce reduction count disclosed. | |||
| 2016-04-29 | acquisition_addition | completed | 2016-05-20 | Canada | RONA inc. — home improvement retail and distribution | CAD 3,200 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | RONA acquisition completed May 20, 2016 for approximately C$3.2 billion net of cash and inclusive of assumed debt; no employee headcount figures disclosed. Initial business combination accounting not yet complete. | |||
| 2016-04-29 | acquisition_addition | completed | 2016-05-20 | Canada | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire RONA inc. entered into during the quarter; acquisition closed 2016-05-20 for approximately C$3.2 billion. No employee count or headcount impact disclosed; initial purchase accounting not yet completed. | |||||
| 2016-01-29 | divestiture_reduction | in_progress | 2016-01-18 | 2016-12-31 | Australia | Home improvement joint venture (Masters Home Improvement / Home Timber and Hardware) | USD 530 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision to exit one-third interest in the Woolworths joint venture; $530M non-cash impairment, not a severance charge. Woolworths to buy out Lowe's interest at agreed fair value as of 2016-01-18; headcount impact not disclosed. | ||
| 2016-01-29 | acquisition_addition | announced | 2016-02-02 | 2016-12-31 | Canada | Hardware, building materials and home renovation retail | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire RONA inc. for approximately C$3.2 billion, announced after fiscal year-end; expected to close in fiscal 2016 subject to shareholder and regulatory approvals. Employees to be added not disclosed. | |||
| 2016-01-29 | plant_closure | completed | United States | Retail stores | USD 34 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | During fiscal 2015 the company closed or relocated two locations under operating leases; $34M net additions to the exit-activities accrual cover lease and other exit costs, not solely severance. Employees affected not disclosed. | ||||
| 2016-01-29 | restructuring | in_progress | USD 34,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2015-01-30 | restructuring | in_progress | USD 14,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2014-01-31 | acquisition_addition | completed | 2013-08-30 | 2013-08-30 | United States (primarily California) | Orchard Supply Hardware stores | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired majority of Orchard assets for ~$207M cash; 72 stores in operation at year end. No employee headcount associated with the acquisition is disclosed. | |||
| 2014-01-31 | plant_closure | completed | United States | USD 11 (millions) | Item_7_MD&A f5-10k / Qwen3.6-27B-Q8_0 | Company relocated two stores subject to operating leases during 2013. Recorded $11 million of expense for store closing lease obligations, including $5 million for locations closed/relocated in 2013 and $6 million adjustments for previously closed locations. Employee count not disclosed. | |||||
| 2014-01-31 | restructuring | in_progress | USD 11,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2013-11-01 | acquisition_addition | completed | 2013-08-30 | California, United States | Orchard Supply Hardware | USD 207 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquired majority of assets of Orchard Supply Hardware for approximately $207 million in cash and assumed liabilities; added 72 stores. Employee headcount added was not quantified. | |||
| 2013-11-01 | acquisition_addition | completed | 2013-08-30 | 2013-08-30 | United States (primarily California) | Retail stores (72 Orchard Supply Hardware locations) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of majority of Orchard Supply Hardware assets for ~$207M cash; employee count added not disclosed. MD&A notes the 72 acquired stores are included in the store count of 1,831 at quarter-end. | |||
| 2013-11-01 | restructuring | in_progress | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2013-08-02 | acquisition_addition | announced | 2013-08-30 | California, United States | Retail operations (Orchard Supply Hardware format) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of most Orchard Supply Hardware assets for about $205 million cash plus roughly $70 million of assumed supplier payables; initial accounting incomplete and no employee count disclosed. | ||||
| 2013-02-01 | plant_closure | completed | 2011-01-01 | 2012-02-01 | United States | USD 11 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | One store relocated during fiscal 2012. Charge includes $9 million for locations closed/relocated in 2012 and $2 million adjustments for prior closures. Employee count not explicitly disclosed for this specific action. | |||
| 2013-02-01 | restructuring | in_progress | USD 11,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2013-02-01 | restructuring | in_progress | One Time Termination Benefits | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-11-02 | plant_closure | completed | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company relocated one store subject to an operating lease during the nine months ended Nov 2, 2012. Additions to exit accrual were $5 million for the period, with $14 million in cash payments. No specific employee count disclosed for this relocation. | ||||||
| 2012-11-02 | restructuring | in_progress | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2012-11-02 | restructuring | in_progress | One Time Termination Benefits | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-08-03 | voluntary_separation | in_progress | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Voluntary separation program contributed 11 basis points of SG&A deleverage in Q2 2012 and 12 basis points for the six months; no employee counts or charge amounts disclosed. | |||||||
| 2012-08-03 | voluntary_separation | in_progress | United States | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Voluntary separation program referenced as a driver of 11 bps of Q2 SG&A deleverage; no employee count, charge, or timing disclosed. | ||||||
| 2012-08-03 | voluntary_separation | completed | MD&A f5-10q / Qwen3.6-27B-Q8_0 | MD&A notes '11 basis points of deleverage associated with our voluntary separation program' for Q2 2012 and '12 basis points of deleverage associated with the voluntary separation program' for the six months ended August 3, 2012. No specific headcount or dollar amount is provided in this filing. | |||||||
| 2012-05-04 | voluntary_separation | in_progress | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | SG&A deleveraged 13 basis points in Q1 2012 due to costs associated with the company's voluntary separation program; no employee counts or charge amounts disclosed. | |||||||
| 2012-05-04 | voluntary_separation | completed | MD&A f5-10q / Qwen3.6-27B-Q8_0 | MD&A notes 'deleverage of 13 basis points associated with our voluntary separation program' in Q1 2012 SG&A analysis. No specific headcount or charge amount is disclosed in this filing. | |||||||
| 2012-02-03 | plant_closure | completed | United States | Retail stores | USD 98 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 27 underperforming U.S. stores closed in the second half of fiscal 2011; 13 were under operating leases (includes one relocation). Exit-activity accrual additions of $98M comprise $83M lease obligations and $15M one-time termination benefits; separately, $269M of impairment was recorded for the locations identified for closure. No store-closure employee counts disclosed. | ||||
| 2012-02-03 | voluntary_separation | announced | 2012-01 | United States | U.S. headquarters | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Announced in the first few weeks of 2012, after fiscal year-end but before the filing date: planned reduction in U.S. headquarters staff via a voluntary separation program. Affected headcount and charge not disclosed. | ||||
| 2012-02-03 | plant_closure | completed | 2011-08-01 | 2011-12-31 | United States | Retail Stores | USD 309 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Closed 27 underperforming stores in the second half of fiscal 2011. Impairment losses of $309 million recorded for locations identified for closure and operating locations. | ||
| 2012-02-03 | restructuring | completed | 2011-01-01 | 2011-12-31 | Global | Corporate and Field Operations | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Reorganized field-based store operations and human resources, reducing field structure from 188 districts to 132 markets. Modified mid-level store management structure. | |||
| 2011-10-28 | plant_closure | in_progress | 2012-01-28 | United States | Retail store operations | USD 336 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Closure of 27 underperforming stores announced during the nine months ended October 28, 2011; 17 closed in Q3, remaining 10 to close in Q4 2011. Q3 charge of $336M (YTD $401M) includes long-lived asset impairments of $232M, exit activities of $62M, discontinued project write-offs of $30M and inventory lower of cost or market adjustments of $12M. Employee headcount affected not disclosed; one-time termination benefit severance accrual additions were $11M in Q3 ($16M YTD), with severance liability of $14M at quarter-end. | |||
| 2011-10-28 | plant_closure | in_progress | 2011-12-31 | United States | Store operations | USD 16 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 27 underperforming stores announced for closure during nine months; 17 closed in Q3, 10 remaining for Q4 2011. Severance accrual additions of $16M (nine months) / $11M (three months); no employee count disclosed. Total exit-activity additions were $86M (nine months), including $70M lease obligations. | |||
| 2011-10-28 | restructuring | in_progress | United States | Store operations / corporate organization | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Reorganization of store operations and merchandising organizations; severance costs contributed ~10 bps SG&A de-leverage in Q3. No headcount or charge amount attributed separately from store-closure program. | |||||
| 2011-10-28 | restructuring | completed | United States | New store development pipeline | USD 30 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plans to discontinue a number of planned new store projects; $30M write-off of costs for sites no longer pursued. No employee count disclosed; new store openings reduced to 10-15 per year from fiscal 2012. | ||||
| 2011-10-28 | restructuring | in_progress | 2011-10-28 | United States | Store Operations | USD 401 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Announced closure of 27 underperforming stores and discontinuation of planned new store projects. Total charges of $401 million for the nine months ended Oct 28, 2011, including $292 million in long-lived asset impairments and $67 million in exit activities (severance and lease obligations). Employee count affected not explicitly disclosed. | |||
| 2011-07-29 | plant_closure | completed | 2011-08-14 | United States | Retail stores | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Seven stores closed on August 14, 2011, after quarter end; charges for asset impairments and discontinued projects contributed roughly 50 basis points of SG&A de-leverage in Q2, and closing costs were expected to reduce Q3 operating margin by 20-30 basis points and diluted EPS by $0.01-$0.02. No employee headcount figures were disclosed. | ||||
| 2011-07-29 | plant_closure | in_progress | USD 13 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit-activity accruals for closed locations under operating leases; $13M expense for six months ended 2011-07-29 ($6M in Q2) and a $22M liability at quarter-end. Related Q2 impairment of $60M on locations identified for closure. Employee counts not disclosed. | ||||||
| 2011-07-29 | plant_closure | completed | 2011-08-14 | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Seven stores closed on 2011-08-14, after quarter-end; MD&A cites a 20-30 basis point Q3 operating-margin impact and $0.01-$0.02 EPS impact from these closures. Employee counts and store locations not disclosed; may overlap with the exit-activities accrual above. | ||||||
| 2011-07-29 | plant_closure | completed | 2011-08-14 | USD 6 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Seven stores closed subsequent to the end of the quarter (August 14, 2011). SG&A included $6 million in charges for the quarter associated with asset impairments and discontinued projects. | |||||
| 2010-01-29 | plant_closure | completed | Retail stores | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Store count roll-forward shows one store closed during fiscal 2009; no workforce impact, severance, or associated charges are disclosed. | ||||||
| 2010-01-29 | plant_closure | completed | United States / Canada | Retail stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | One store closed during fiscal 2009; no associated headcount or charge disclosed. Store count moved from 1,649 to 1,710 after 62 openings. | |||||
| 2009-01-30 | other | in_progress | 400 | United States (corporate office, Mooresville, NC) | Corporate | MD&A f5-10k / GLM-5.3-flash-HTML | Corporate-level hiring freeze in effect for nearly two years, with corporate staffing managed mainly through attrition. Count represents the roughly 400 positions frozen or left unfilled during 2008, not eliminated jobs; no layoffs, severance, or charge disclosed. | ||||
| 2009-01-30 | other | in_progress | 400 | United States | Corporate office | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately 400 corporate positions frozen or left unfilled during fiscal 2008 as part of a nearly two-year corporate hiring freeze; reductions achieved through attrition rather than involuntary separations. Filer states corporate staff grew less than 5% over two years while store count and selling square footage each grew over 19%. | ||||
| 2007-02-02 | plant_closure | completed | United States | Retail stores | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Four stores closed in fiscal 2006, all corresponding to relocated stores reopened at new sites; no workforce reduction quantified. Schedule II store closing liability roll-forward shows lease payments net of sublease income but no employee counts. | |||||
| 2005-01-28 | plant_closure | completed | United States | Retail stores | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Store count table shows five stores closed in fiscal 2004, including relocated stores; no employee impact quantified. Note 7 discloses a $16 million fiscal 2004 store closing cost accrual tied to lease obligations, not severance. | |||||
| 2005-01-28 | plant_closure | completed | 2005-01-28 | United States | Retail stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Five stores closed during fiscal 2004 (including relocated stores); no associated headcount reduction or charge disclosed. Store count moved from 952 to 1,087 over the year. | ||||
| 2005-01-28 | divestiture_reduction | completed | 2004-01-31 | 2004-01-31 | United States | Contractor Yards | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Sold 26 Contractor Yard locations in Q4 2003. Employee count not explicitly disclosed. | |||
| 2004-01-30 | divestiture_reduction | completed | United States | The Contractor Yard (26 commodity-focused retail locations) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sale of 26 Contractor Yard stores completed in Q4 fiscal 2003 to refocus on retail and commercial business; results reported as discontinued operations for all periods presented. Employee count affected not disclosed. Sale generated a $5 million gain; net assets sold approximated $111 million. Also referenced in MD&A. | |||||
| 2004-01-30 | divestiture_reduction | completed | United States | Commodity-focused retail locations (The Contractor Yard) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of 26 commodity-focused Contractor Yard locations completed in the fourth quarter of fiscal 2003; results reported as discontinued operations for 2003, 2002 and 2001. Exact announcement/completion dates and affected employee counts are not disclosed. A $5 million pre-tax gain on sale was recorded. | |||||
| 2004-01-30 | plant_closure | completed | United States | Retail stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Six stores closed during fiscal 2003, including relocated stores; headcount not disclosed. Note 5 discloses a $12 million fiscal 2003 accrual for store closing costs (liability balance $19 million at year-end), not explicitly linked to these closures. | |||||
| 2004-01-30 | divestiture_reduction | completed | 2003-10-01 | 2003-10-01 | United States | Contractor Yards | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Sold 26 Contractor Yard locations in Q4 2003. Employee count not explicitly disclosed. | |||
| 2004-01-30 | divestiture_reduction | completed | 2004-01-30 | United States | The Contractor Yard commodity-focused locations | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of 26 Contractor Yard locations completed in fourth quarter of fiscal 2003; no employee counts or workforce impact disclosed. Net assets sold were approximately $111 million. | ||||
| 2003-10-31 | divestiture_reduction | announced | 2003-11-20 | 2004-01-31 | United States | The Contractor Yard banner (26 commodity-focused locations) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell 26 Contractor Yard locations, expected to close in Q4 fiscal 2003 and accounted for as a discontinued operation. No employee count, severance amount, or workforce impact disclosed; gain/loss expected not to exceed $0.01 diluted EPS. | |||
| 2003-08-01 | other | completed | 1 | 2003-01-31 | 2003-03-07 | United States | Executive Management | USD 1 (millions) | other f5-10q / Qwen3.6-27B-Q8_0 | Separation of Thomas E. Whiddon effective March 7, 2003. Agreement includes $505,000 gross consideration ($250,000 consulting fees, remainder for release/separation). | |
| 2003-08-01 | other | completed | 1 | 2003-02-03 | 2003-03-07 | United States | Executive Management | USD 1 (millions) | other f5-10q / Qwen3.6-27B-Q8_0 | Separation of William C. Warden, Jr. effective March 7, 2003. Agreement includes $505,000 gross consideration plus 12 months medical insurance reimbursement. | |
| 2003-01-31 | plant_closure | completed | United States | Retail stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | 13 stores closed during fiscal 2002, including stores closed as part of relocations; no associated headcount reduction or charge is disclosed. Store closing lease liability accrual for the year was $9 million (Note 4). | |||||
| 2001-02-02 | plant_closure | completed | United States | Retail stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | 26 stores closed during fiscal 2000 as part of the ongoing relocation and expansion program; no associated headcount or charge disclosed. | |||||
| 2001-02-02 | restructuring | completed | 1999-04-02 | 1999-04-02 | United States | Corporate / M&A | USD 2 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Severance obligations to former Eagle executives related to the merger completed in fiscal 1999. | ||
| 2000-01-28 | acquisition_addition | completed | 1998-11 | 1999-04-02 | Western United States | Home improvement retail stores | USD 24 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Eagle Hardware & Garden merger closed 1999-04-02 as a tax-free stock-for-stock exchange accounted for as a pooling of interests; approximately 21.8 million Lowe's shares issued. $24.4M nonrecurring merger costs expensed in Q1 FY1999 comprised $15.7M write-off of nonusable Eagle properties, $1.5M severance to former Eagle executives, and $7.2M direct merger costs. Eagle headcount not disclosed; Eagle operated 36 stores. Announcement date stated only as November 1998. | ||
| 2000-01-28 | plant_closure | completed | 2000-01-28 | United States | Home improvement retail stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | 35 stores closed during fiscal 1999 as part of the ongoing store replacement and expansion strategy (small-format stores replaced by larger destination warehouses). Employees affected not disclosed; no separate closure charge identified. | ||||
| 2000-01-28 | acquisition_addition | completed | 1998-11-01 | 1999-04-02 | Western United States | Retail Stores | USD 24 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Merger with Eagle Hardware & Garden, Inc. closed April 2, 1999. Incurred $24.4 million in merger-related costs including $15.7 million for write-off of nonusable properties and $1.5 million for severance obligations to former Eagle executives. Headcount added not explicitly disclosed. | ||
| 1999-10-29 | restructuring | completed | 1999-01-01 | 1999-03-31 | United States | Corporate / Executive | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance obligations to former Eagle executives recorded in Q1 1999 as part of merger integration. | ||
| 1999-07-30 | restructuring | completed | 1999-01-01 | 1999-07-30 | United States | Corporate / Former Eagle Executives | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance obligations to former Eagle executives related to the merger completed in April 1999. Employee count not disclosed. | ||
| 1999-07-30 | restructuring | completed | 1999-01-01 | 1999-07-30 | United States | Real Estate / Facilities | USD 16 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Write-off of nonusable Eagle properties. While this may imply workforce displacement, no specific employee count is disclosed. | ||
| 1999-04-30 | acquisition_addition | completed | 1999-04-02 | 1999-04-02 | United States | Retail | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Tax-free stock exchange valued at approximately $1.3 billion, accounted for as pooling of interests; no employee headcount disclosed. | |||
| 1999-04-30 | restructuring | completed | 1999-04-02 | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Merger with Eagle Hardware & Garden included $1.5 million in future severance payments to former Eagle executives. Employee count not disclosed. | |||||
| 1999-01-29 | acquisition_addition | completed | 1998-11-25 | 1999-04-02 | Western United States | Home improvement retail | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Eagle Hardware and Garden acquisition closed April 2, 1999 (after fiscal year end); valued at approximately $1 billion; Eagle operated 36 stores; employee headcount not disclosed | |||
| 1999-01-29 | plant_closure | completed | 1999-01-29 | United States | Home improvement retail stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | 38 stores closed during fiscal 1998 as part of relocation program; employees affected not disclosed | ||||
| 1998-10-30 | acquisition_addition | announced | 1998-11-25 | 1999-03-31 | United States | Retail (hardware and garden) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Eagle Hardware & Garden, Inc. in a stock-for-stock merger valued at approximately $1 billion; expected completion in Q1 1999, accounted for as a pooling of interests. No employee count or workforce impact disclosed. | |||
| 1997-01-31 | plant_closure | completed | 1992-01-31 | United States | Retail store operations | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year program to convert from a small-store to a large-store chain, initiated with a $71.3 million pre-tax charge recorded in Q4 fiscal 1991 (quarter ended 1992-01-31). Current-year activity: with the restructuring accrual depleted as of 1996-01-31, fiscal 1996 store closing and relocation costs were expensed directly in SG&A, a negative impact of approximately 13 basis points on SG&A as a percent of sales. No employee counts were disclosed for any period of the program; original program charge relates to fiscal 1991 and is provided as context only, not extracted as a current-year charge. | ||||
| 1997-01-31 | plant_closure | in_progress | 1991-01-01 | United States | Store operations | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year program from a $71.3 million pre-tax charge in fiscal 1991 to convert from small to large stores. The accrual was depleted at January 31, 1996, so fiscal 1996 relocation and closing costs were expensed within SG&A; no fiscal 1996 cost amount or affected-employee count is disclosed. | ||||
| 1996-10-31 | plant_closure | completed | United States | Retail stores | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Quarterly costs of $3.462 million for store relocations and closings were charged to SG&A because the Fiscal 1991 restructuring accrual was depleted as of January 31, 1996. No employee counts disclosed. | ||||
| 1996-10-31 | plant_closure | completed | United States | Retail stores | USD 13 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine-month costs of $12.771 million for store relocations and closings charged to SG&A after depletion of the restructuring reserve; no headcount figures provided. | ||||
| 1996-10-31 | plant_closure | completed | United States | Retail stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company closed or consolidated 10 older, smaller stores in the first nine months of fiscal 1996; no employee-impact count or associated severance disclosed. MD&A also notes a $4.05 million store relocation and underperforming-store closing expense in Q3 1996, with no employee counts given. | |||||
| 1996-10-31 | plant_closure | completed | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Costs associated with relocation and closing of stores during the three months ended Oct 31, 1995 were recognized through the restructuring charge established in Fiscal 1991. | ||||||
| 1996-10-31 | plant_closure | completed | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Costs associated with relocation and closing of stores during the nine months ended Oct 31, 1995 were recognized through the restructuring charge established in Fiscal 1991. | ||||||
| 1996-10-31 | plant_closure | completed | USD 4 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Expense for ongoing store relocation program and closing of underperforming stores in Q3 1996 included in SG&A as restructuring accrual was depleted. | ||||||
| 1996-07-31 | plant_closure | completed | United States | Retail stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Seven older, smaller stores were closed or consolidated into existing markets during the first half of fiscal 1996; no associated workforce reduction count or charge is disclosed. | |||||
| 1996-07-31 | plant_closure | completed | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Company closed or consolidated 7 older, smaller stores during the first half of fiscal 1996. No specific employee count or charge was disclosed for these closures. | |||||||
| 1996-01-31 | restructuring | completed | 1996-01-31 | United States | Retail store network — conversion from small-format stores to large-format home improvement superstores (store closures and relocations) | USD 14 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year program initiated with a $71.3 million pre-tax charge recorded in Q4 of fiscal 1991 (fiscal year ended 1992-01-31); no employee headcount figures were disclosed at any point. Fiscal 1995 was the completion year: approximately $13.8 million was charged against the restructuring accrual for relocating and closing stores (per MD&A), and the accrued store restructuring balance was zero at January 31, 1996. Extracted once from the footnote per deduplication rule; only current-fiscal-year charge activity captured. | |||
| 1996-01-31 | restructuring | completed | 1991-01-31 | 1996-01-31 | United States | Store operations | USD 14 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 1995 was the completion year of the multi-year 1991 restructuring program ($71.3M total charge). FY1995 charges of $13.8M related to relocating and closing stores; no employee-affected count disclosed. Charge value is the FY1995 portion only. | ||
| 1996-01-31 | restructuring | completed | 1991-10-01 | 1996-01-31 | United States | Store Operations | USD 14 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Charges against the restructuring accrual associated with relocating and closing stores were $13.8 million for fiscal 1995. Fiscal 1995 was the completion year relating to the special one-time 1991 restructuring accrual of $71.3 million. | ||
| 1995-10-31 | voluntary_separation | completed | 1 | 1995-11-09 | United States | Corporate finance — Senior Vice President and Treasurer (CFO) | USD 350 (thousands) | other f5-10q / GLM-5.3-flash-fp4-HTML | Separation of CFO Harry B. Underwood II, employment ended October 13, 1995. Severance of $350,000 payable in installments plus up to $16,000 in consulting/outplacement fees; includes noncompetition covenant through April 5, 1996. | ||
| 1995-10-31 | plant_closure | completed | United States | Retail stores / contractor yards | USD 13 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month restructuring costs of $12.771M for store relocations and closings; MD&A notes 1 store and 2 contractor yards closed YTD. No employee count disclosed. | ||||
| 1995-10-31 | other | announced | 1 | 1995-11-09 | United States | Executive — Senior VP and Treasurer (CFO) | USD 0 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employment terminated 1995-10-13; agreement dated 1995-11-09 provides $350,000 severance in six installments plus up to $16,000 consulting/outplacement fees. | ||
| 1995-10-31 | restructuring | in_progress | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Costs associated with relocation and closing of stores for the three months ended Oct 31, 1995. Recognized through restructuring charge in Fiscal 1991. | ||||||
| 1995-10-31 | restructuring | in_progress | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Costs associated with relocation and closing of stores for the nine months ended Oct 31, 1995. Recognized through restructuring charge in Fiscal 1991. | ||||||
| 1995-10-31 | other | completed | 1 | 1995-10-31 | 1995-10-31 | Senior Management | USD 0 (millions) | other f5-10q / Qwen3.6-27B-Q8_0 | Termination of Harry B. Underwood II, Senior Vice President and Treasurer (CFO). Employment terminated Oct 13, 1995. Severance of $350k plus up to $16k consulting fees. |