Lowe's Home Improvement Stores - NH

Irish mist · 10-18-2011, 02:08 AM

Lowe's shadowing of Home Depot, and placing a store every place that HD was located, was a lazy excuse for a business plan. It's coming back to bite them now. Most Lowe's have too many people working in their stores. I was there today & there seemed like and endless stream of workers just strolling about & talking with their fellow workers like it was a holiday.

VitaBene · 10-18-2011, 05:38 AM

Quote:

Originally Posted by Irish mist

Lowe's shadowing of Home Depot, and placing a store every place that HD was located, was a lazy excuse for a business plan.

Sounds like the major drug store chains!

secondcurve · 10-18-2011, 06:46 AM

Quote:

Originally Posted by VitaBene

Sounds like the major drug store chains!

And fast food outfits and automobile dealers, etc. It wasn't the store location strategy that doomed them it was the overly rosy assumptions about future growth that was the killer. Nothing grows to the moon.

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10-18-2011, 02:08 AM	#1
Irish mist Senior Member Join Date: Dec 2006 Posts: 686 Thanks: 128 Thanked 85 Times in 49 Posts	Lowe's shadowing of Home Depot, and placing a store every place that HD was located, was a lazy excuse for a business plan. It's coming back to bite them now. Most Lowe's have too many people working in their stores. I was there today & there seemed like and endless stream of workers just strolling about & talking with their fellow workers like it was a holiday.