Lowe's is slimming down to better compete with Home Depot. The company, which recently hired Marvin Ellison away from JCPenney to be its CEO, said it is shutting down its Orchard Supply Hardware ...
MOORESVILLE, NC (CNN Money) - Lowe's is slimming down to better compete with Home Depot. The company, which recently hired Marvin Ellison away from JCPenney to be its CEO, said it is shutting down its ...
Lowe's gained considerable market share at the expense of Home Depot over the last ten years. However, Home Depot has taken several initiatives to consolidate its position. As a result, competition ...
Lowe's is pulling the plug on all 99 Orchard Supply Hardware stores in the U.S. The decision comes just seven weeks after Marvin Ellison took the helm as president and CEO of the home improvement ...