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Lowe's To Get Rid Of Mexico Stores In Further Streamlining

2018-11-21 1 Dailymotion

<br /> Lowe’s said on Tuesday it was looking to shed its retail operations in Mexico and certain non-core U.S. businesses. This, as the country’s second-biggest home improvement chain strives to compete with rivals including Home Depot. Lowe’s also reported a smaller-than-expected rise in same-store sales.<br /> <br />The company has perennially lagged Home Depot in same-store sales, despite having roughly the same number of stores.<br /><br />Lowe’s said it was looking at all options for its chain of 13 stores in Mexico. <br />

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