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Lowe's CEO: Our transformation is gaining momentum
Lowe’s CEO Robert Niblock cited the recovering U.S. economy as among the reasons why the company plans to focus more on market differentiation and omnichannel retailing.
The company said it will outline these and other strategic priorities in a meeting with investors on Dec. 11 in North Carolina.
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Lowe’s plans 3 new Canadian stores
Mooresville, N.C. – Lowe’s Companies Inc. will open three new stores in Canada, starting with a 94,500-sq.-ft. store in Lethbridge, Alberta in spring 2015. Lowe’s also plans to open an 86,000-sq.-ft. store in Saskatoon, Saskatchewan and a 75,000-sq.-ft. store in Saulte Ste. Marie, Ontario.
