Thursday, December 13, 2018

Transformation is tops for Lowe’s going forward

Chain Store Age
Technology improvements, merchandise excellence, a seamless, omnichannel experience, and a $10 billion stock repurchase plan are priorities as Lowe’s heads into the new year.

In the current fiscal year, total sales are expected to increase about 4%. Comp-store sales are expected to increase 2.5%. Lowe’s plans to add a total of eight new stores on the year. . . . more