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Lowe's CEO Takes Aim at Home Depot

Stock Market Quotes and News

Marvin Ellison is stepping up efforts to close Lowe's Cos.'s performance gap with its larger rival Home Depot Inc. Lowe's plans to shut down Orchard Supply Hardware stores, a small regional hardware chain it acquired five years ago, and Mr. Ellison, chief executive of the world's second-largest home-improvement retailer, said Wednesday a portfolio review is under way to ...

Mentions: Management acquisition stake