Posted on 10/17/2011 6:31:30 AM PDT by Beaten Valve
Lowe's Cos Inc (LOW.N) said on Monday it is closing 20 of its U.S. stores, eliminating nearly 2,000 jobs, and the home improvement retailer now plans to open far fewer locations in the future, citing the need to improve its profitability.
Lowe's, which operates about 1,700 stores in the United States, said it closed 10 stores on Sunday and would close another 10 within a month. The expenses associated with the closing will come to 17 cents to 20 cents per share.
Some 1,950 workers will lose their jobs.
(Excerpt) Read more at reuters.com ...
I like Lowes and avoid Homo Depot.>>>>>>>>>>>
The (obviously) gay dude in the HD garden department gave me a $5 discount on a grapefruit tree (Oro Blanco) so I pro-gay this week at least
The difference between Lowes and Home Depot, is that Home Depot is a union shop and Lowes is not. This is also why Lowes is always less expensive than Home Depot.
Not sure about that, but that DEFINITELY are big on overseas outsourcing of their support services (distribution center software especially).
We didn’t need the one here. I’ve been in there once and didn’t find what I was looking for. They only opened it because Home Depot opened their new store. Keeping up with the Joneses is no way to run a business.
I used to work for Lowe’s. They are infested as well.
I got a better idea for everyone on this thread, visit your locally owned hardware or carpet or plumbing or nursery or paint store. I'll guarantee you at least 90% of them are conservative and your money will stay local.
Home Depot and Lowes have the world convinced you get the best price and you don't.
Give your local retailer a chance, that's all we ask.
I lived in So Calif until 1993. Local HD stores were building ‘humanitarian shade shelters’ in the middle of their parking lots so the ILLEGAL day laborers who swarm your car there could have a place to be out of the sun while they were waiting to mob you in the parking lot.
HD lost me permanently with those moves.
Lowe’s other advantage is tht their employees can take your list & go thru out the entire store to help you. AT HD, you get passed from one department worker to another.
I have 3 Lowe’s within 38 miles of me & they are VERY helpful.
I bring a copy of my DD214 every trip to Lowes. I get the 10% discount, and I am thanked for my service!
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