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Orchard Supply Hardware To Open New South Bay Store In Torrance, September 1, 2012

Stocks in this article: OSH

Orchard Supply Hardware Stores Corporation (NASDAQ: OSH) announced the planned opening of a new store in Torrance on September 1, 2012, marking the Company’s 89 th store in California. The South Bay store is located at 19330 Hawthorne Blvd, the site of a former K-Mart. From its beginnings in San Jose as a collective formed by farmers, Orchard first established stores in Northern California and then grew throughout the state.

The new Orchard store will showcase the company’s innovations in home-and-garden retailing, featuring inventory that caters to the home repair, paint and garden needs of its local neighborhood, as well as enhanced customer service elements and a fresh look and feel to the store’s layout and decor.

“We believe that Orchard occupies a unique and exciting position in today’s retail landscape,” said Orchard President and Chief Executive Officer Mark Baker. “We offer a welcoming, low-stress shopping experience, and a broad range of products that are carefully selected for the local neighborhood. We believe our formula will enable Orchard to ‘own’ the neighborhood market for home repair and maintenance, painting, and especially backyard living.”

The Stores

With more than 80 years of experience serving California’s customers, Orchard is rolling out a new store format that is exemplified by the 50,000 square foot South Bay store in Torrance. The layout is based on a race-track configuration, which maximizes traffic flow and helps the customer find items quickly. The store also features an expanded and centralized customer-service area referred to as the “Workbench”, where customers get assistance with basic hardware needs such as tool and knife sharpening, rescreening, lock rekeying, custom-cutting of rope, screens and other materials, and pipe threading. Additionally, an enlarged paint area highlights Orchard’s expansive, high quality Benjamin Moore paint selection and a spacious indoor/outdoor nursery and garden supply area offers direct access from the parking lot.

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