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Tag Archives: Lowe’s
Video: Lowe’s Innovation in Its Operations
Lowe’s ranks second only to Home Depot in home improvement retail revenues. It has become quite active in developing technology to improve its operations. As reported by Phil Wahba for Fortune: “Inside a Lowe’s store in Christiansburg, Va., an employee easily … Continue reading
Lowe’s and Target Go Smaller to Get Bigger
Lowe’s is a leading retailer that specializes in home improvement and hardware stores across North America. According to its Web site, Lowe’s generates nearly $60 billion annually in revenues, operates about 1,850 retail stores, serves about million retail and professional customers … Continue reading
Posted in Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 4: Store Location Planning, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Part 8: Putting It All Together
Tagged competition, customer expectations, Innovative Retail Technologies, Lowe's, opportunity, planning, small stores, supercenter, Target, trends
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