Lowe’s closes Orchard Supply as it increases sales in Q2
Bloomberg News
(Bloomberg)—Lowe’s Cos. CEO Marvin Ellison continued to make waves just seven weeks into his tenure as he decided to shut down a division of smaller stores and eliminate $500 million in capital projects that will be returned to shareholders. The decision to close all 99 Orchard Supply locations—along with a plan to revamp the inventory […]