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We’ve got ‘the power’
Chain Store Age makes no secret of the fact that we are a retail publication – and have been since 1925. Our readership is retail headquarters executives and our content is directed toward, and influenced by, that very group.
In the September 2014 issue, however, we looked at another group – one that is integrally involved with retailers and often determines the success of a single store or an entire market: retail brokers.
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Lowe’s to sell $1.25 billion of notes
Mooresville, N.C. - Lowe's Companies Inc. has agreed to sell $450 million of floating rate notes due 2019, $450 million of 3.125% notes due 2024 and $350 million of 4.250% notes due 2044. Estimated net proceeds from this offering will be approximately $1.24 billion, after deducting offering expenses and underwriters' discounts.