India, June 10 -- Lowe's has adjusted its expansion strategy for 2025, now planning to open between five and 10 new stores this year. This marks a shift from its earlier projection in December 2024, when the company targeted 10 to 15 store openings annually as part of a broader plan to launch dozens of locations over the coming years.

A Lowe's spokesperson told USA TODAY that the updated projection of opening five to 10 stores in 2025 reflects the time needed to "ramp up" expansion efforts. So far this year, the North Carolina-based home improvement retailer has opened two new stores in Texas and reopened a location in North Carolina that was previously closed due to Hurricane Helene. Starting in 2026, the company plans a more aggressive...