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Tag Archives: Lowe39s

Why Lowe's closing shops and inventory is reduced

Lowe & # 39; s slackens off to compete better with Home Depot. The company, which was recently Marvin Ellison off JCPenney [194559004] ( JCP ) to be its CEO, said it foreclosures its orchard supply hardware stores plans to cut inventory in his Lowes stores. Thanks to a healthy housing market, the hardware store operator reported profits that exceeded …

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