Content about Orchard

June 17, 2013

Orchard Supply Hardware Stores Corp. is filing for Chapter 11 bankruptcy. As part of the filing, Orchard Supply has reached an agreement for Lowe’s to purchase acquire the majority of its assets for $205 million in cash, plus the assumption of payables owed to nearly all of Orchard’s supplier partners.

San Jose -- Orchard Supply Hardware Stores Corp. is filing for Chapter 11 bankruptcy. As part of the filing, Orchard Supply has reached an agreement for Lowe’s to purchase acquire the majority of its assets for $205 million in cash, plus the assumption of payables owed to nearly all of Orchard’s supplier partners. Under the terms of the agreement, Lowe’s, serving as “stalking horse bidder,” would acquire no less than 60 of Orchard’s stores, based on further due diligence on the store locations.

September 21, 2012

Orchard Supply Hardware Stores Corp. said Friday it will add two California stores to its rollout of a new neighborhood format, with the grand re-openings of a pair of stores in the company’s hometown of San Jose on Oct. 6.

San Jose, Calif. -- Orchard Supply Hardware Stores Corp. said Friday it will add two California stores to its rollout of a new neighborhood format, with the grand re-openings of a pair of stores in the company’s hometown of San Jose on Oct. 6.

Both stores have been operational for years, but the company said that the reformatting is so significant that they would be marked by grand re-opening celebrations.

March 8, 2011

Orchard Supply Hardware on Monday named Mark Baker president and CEO.

San Jose, Calif.  -- Orchard Supply Hardware on Monday named Mark Baker president and CEO. Baker will also join the Orchard Supply's board.

In December the company announced it was looking for a replacement for then-CEO Rob Lynch, who resigned.  

Baker was most recently president and COO of The Scotts Miracle-Gro. Before that he worked in various roles at The Home Depot and was CEO of Gander Mountain Co.

April 30, 2008

North Denver’s rolling prairies and apple orchard-dotted acreages were the perfect setting for a...