On the surface, the results from Lowe's look somewhat disappointing: total sales are down by 1.8%, while net income dropped by 16.4%. In fact, all of this decline is because there was one less week of trading compared to last year.
The world’s largest home improvement retailer continued to ring up big numbers for the fourth quarter amid digital initiatives and the strong U.S. housing market.
DLC Management Corp. has consummated what it claims to be the largest single retail real estate deal in Texas in the past year, affirming the company’s westward move.