Orchard Supply Hardware Stores (NASDAQ:OSH), a neighborhood hardware and
garden store focused on paint, repair and the backyard, will open its
first two Oregon stores in Portland and Tigard. The Portland store will
be located at 10860 SW Barnes Road in the former Bally’s Fitness space.
The Tigard store will be located at 9770 SW Scholls Ferry Road across
from Washington Square in the former Ultimate Electronics building.
Construction will begin this month and the build-out is expected to be
completed during the first half of 2013.
Founded as a farmers’ cooperative in San Jose, Calif., in 1931, Orchard
has grown to 89 full-service stores throughout California that offer a
broad assortment of tools, furnishings, housewares, paint, gardening
equipment and home improvement gear. The Oregon openings represent the
first out-of-state expansion for the company, and each location is
expected to employ nearly 100 people. Orchard is also exploring
additional store locations in the greater Portland area.
“We have wanted to bring Orchard to Oregon for a long time, and we’re
thrilled to finally be entering the market,” said Mark Baker, president
and CEO of Orchard Supply Hardware. “Oregon’s community values, pride in
ownership and strong do-it-yourself mentality are ideals we’ve lived as
a company for more than 80 years. Our stores deliver the variety of
merchandise that customers demand, with the high-touch, knowledgeable
service necessary to keep the fun in do-it-yourself projects. We look
forward to being an active member of this vibrant community.”
Orchard’s stores are bright, easy to navigate, and highlight a variety
of locally sourced plants and products. Stores feature a unique
“race-track” layout, which maximizes traffic flow and helps customers
find items quickly. In addition, Orchard’s stores offer an expanded and
centralized customer-service area referred to as the "Workbench," where
customers may get assistance with basic hardware needs such as tool and
knife sharpening; rescreening; lock rekeying; pipe threading; and pipe,
conduit, chain, cable or rope cutting.
About Orchard Supply Hardware
Orchard Supply Hardware Stores Corporation operates neighborhood
hardware and garden stores focused on paint, repair and the backyard.
The company was founded as a purchasing cooperative in San Jose, Calif.,
in 1931. Orchard’s stores today average 44,000 square feet of enclosed
retail space and 8,000 square feet of exterior nursery and garden space
and carry a broad assortment of merchandise for repair, maintenance and
improvement needs for the home and backyard. Orchard Supply Hardware is
newly independent and trades on Nasdaq under the symbol “OSH.” As of
Oct. 12, 2012, the company had 89 stores in California. For more
information, visit http://www.osh.com.
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