Sales Were Up, Foot Traffic Was Too — But Lowe’s Disappointed Investors
PYMNTS
FEBRUARY 28, 2018
housing market and the increasing transition of the millennial generation into home ownership mode. Lowe’s also plans to grow its supply chain by opening its first direct-to-consumer fulfillment center in Nashville, Tennessee. As of the close of the market yesterday, Lowe’s shares climbed more than 25 percent from a year ago.
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