Business & Real Estate

MV Orchard Supply to close, liquidate stock

A liquidation sale at Orchard Supply Hardware on Charleston Road in Mountain View began last week, only days after employees and customers learned that all stores nationwide would close by early next year.

Known informally as OSH, the chain started in San Jose in 1931 and expanded across multiple states before being acquired by Lowe’s in 2013.

Lowe’s CEO Marvin Ellison defended the closures in an earnings call last week, noting that OSH business “was just not running well,” losing approximately $65 million last year.

Farmers founded Orchard Supply Hardware as a cooperative venture, and though the company had been a for-profit corporation since the middle of the last century, it carried a reputation for personalized service and a local feel to the present day.

Mountain View residents lamenting OSH’s closure cited its friendly staff and a preference for shopping at a store that didn’t feel like a warehouse as reasons for shopping there.

The store, located at 2555 Charleston Road, is now advertising 10-30 percent off its stock.

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