Lowe's said on Tuesday it was looking to shed its retail operations in Mexico and certain non-core US businesses as the country's second-biggest home improvement chain strives to compete with rivals including Home Depot. Shares of the Mooresville, NC-based company opened down 7 percent, at $85, after Lowe's also reported a smaller-than-expected rise in same-store...
Lowe's said on Tuesday it was looking to shed its retail operations in Mexico and certain non-core US businesses as the country's second-biggest home improvement chain strives to compete with rivals including Home Depot. Shares of the Mooresville, NC-based company opened down 7 percent, at $85, after Lowe's also reported a smaller-than-expected rise in same-store...
Share this Article
Recommended