Friday, September 28, 2018

Lowe’s new CEO plans to ‘replicate Home Depot playbook’

New York Post
If you can’t beat ’ em, copy ’em.

Marvin Ellison, the new chief executive at Lowe’s, says his plan to fix the floundering home-improvement chain includes a few tricks he learned from his days as an executive at Home Depot, according to analysts to whom he’s spoken.

“He’s going to replicate the Home Depot playbook where he can,” Gordon Haskett analyst Chuck Grom told The Post. “Ellison thinks there’s a lot of market share up for grabs.” . . . more