MOORESVILLE, N.C. - Shoppers will see some changes at Lowe’s stores this spring, the busiest time of the year for home-improvement retailers, but it “will not be perfect,” says CEO Marvin Ellison.
“You will see tweaks,” which includes the product mix on shelves, fewer out-of-stock items and a bit more value for shoppers, Ellison said during a phone interview with the Charlotte Business Journal on Wednesday — the company’s earnings day.
“Spring will be a reflection of some of the preparation over the last six months, but this is a business where the planning process takes a while,” Ellison continues. “We’re going to be a lot better this spring but not as good as we want to be.”
Ellison was named CEO of Mooresville-based Lowe’s, one of the Charlotte region’s largest employers, last July. He quickly began implementing a series of changes designed to make the home-improvement retailer more competitive.
Read more about Lowe’s performance and Ellison’s plans for the company here.
Read more top trending stories on wsoctv.com:
- Minor injuries reported after school bus crashes into north Charlotte building
- Police identify 2 killed in triple shooting outside uptown Charlotte
- Sheriff: SC deputy pinned down by gunfire bargained for time
- FORECAST: Dense fog blankets region before afternoon rain arrives
- New bill would require North Carolinians to register bicycles, pay fee
© 2019 Cox Media Group.