We are now a year and a half into Marvin’s term as president & CEO of Lowe’s. The direction and destination is now clear.
The customers are experiencing it, the remaining employees are feeling it. And thus far, the feedback is not positive. Unless you’re a corporate troll, or perhaps an Activist Investor Hedge Fund.
The stock price isn’t really reflecting the claimed improvements by Marvin. HD’s stock still remains more than double.
I have worked in several stores during my 15 years with Lowe’s. And for the first time I’m hearing the store management making negative comments about the changes! That shows the depth of the downhill slide the company is now on.
Everyone who visits this site knows Lowe’s is being run into the ground by a few very incompetent, highly overpaid individuals.