Lowe’s has independent retailers in its sights, according to a report from Market Watch. The company is looking to gain market share by going head to head with small, independent retailers as well as some its larger rivals.
“In the worst of times, much less capitalized companies are going to struggle to survive in this environment,” Lowe’s CFO Bob Hull said during a presentation at the Wachovia 18th annual Nantucket Equity Conference.
-- Sarah
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