Goodwill purchases former Lowe’s in New Orleans East

Logo courtesy Goodwill

Goodwill Industries of Southeastern Louisiana has acquired a former Lowe’s Home Improvement store in New Orleans East.

The building, located at 5770 Read Boulevard, will be converted into a new retail store.

“This acquisition marks the establishment of “Goodwill East,” a multifunctional space that will house a retail store, outlet store, opportunity center, workforce development services, warehouse operations, and more,” a news release reads. “Expanding Goodwill Industries SELA into Goodwill East will allow the organization to provide essential programs and services to individuals in the community.”

“We are thrilled to embark on this new chapter with the establishment of Goodwill East,” Jodee Daroca, president and CEO of Goodwill Industries SELA, said in a news release. “This strategic acquisition will significantly enhance our ability to fulfill our mission of helping individuals with barriers to employment, overcome challenges and achieve economic independence.”

Goodwill Industries SELA Board of Directors Chairman Stephen Lorio said the board recognizes the immense potential of this facility.

“We believe this acquisition will act as a catalyst, encouraging other businesses and organizations to consider New Orleans East a viable addition to their overall business strategy,” Lorio said in the news release. “By investing in this area, we hope to foster economic growth and positively impact the community.”

The acquisition of the former Lowe’s Home Improvement store was made possible through a $10 million grant in 2020 from “Yield Giving,” an organization founded by McKenzie Scott.

The development will bring on 75 new jobs initially and will offer a wide range of gently used, affordable merchandise, providing residents with a convenient shopping experience. The outlet store will offer surplus or unique items at discounted prices, while the opportunity center will serve as a hub for workforce development, empowering individuals to gain the skills needed to secure meaningful employment. The news release states that the warehouse operations will support the organization’s recycling efforts, promoting sustainability and environmental stewardship.

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