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84 Lumber Purchases 15 payless stores. (Home center update).(Payless Cashways)(Brief Article)

Building material retailer 84 Lumber Co. announced it will spend $25.8 million to purchase 15 locations from Payless Cashways, which closed the remainder of its stores and began liquidations in September. The purchase is expected to be completed by Nov. 23 and will bring 84 Lumber's store count to 433.

84 Lumber has purchased 17 locations from Payless Cashways since the retailer filed for bankruptcy in June--one each in Kansas, Oklahoma and Nevada; two in Nebraska and three each in Texas, Colorado, California and Missouri. These latest acquisitions will introduce 84 Lu

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