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Orchard Supply Hardware To Open Two Stores In Oregon: Portland And Tigard

Stocks in this article: OSH

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.

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