NEW YORK — Lowe’s Cos. said it closed stores in Elgin and Schaumburg Sunday, among seven it shuttered, as it reported flat earnings in its fiscal second quarter Monday. Volatile weather and shoppers’ worries about the economy muted demand during the nation’s second-largest home improvement retailer’s key early-summer selling season. Lowe’s Cos. lowered its sales forecast for the second half of its fiscal year due to consumers’ uncertainty, CEO Robert Niblock told The Associated Press. Niblock cited three factors likely to hurt spending: the debate in Washington this month over the debt ceiling, the subsequent downgrade by Standard & Poor’s …

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Lowe’s stores in Schaumburg, Elgin closed amid flat 2Q earnings