NEW YORK (Reuters) – Home enchancment chain Lowe’s Cos laid out a plan to step up its on-line business as more do-it-yourselfers take the online route to research and buy new residence merchandise.
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Home improvement shops like Lowe’s and Home Depot have been chugging right along , even in the ecommerce-heavy omnichannel digital retail panorama we discover ourselves in these days. Their distinctive area of interest within the retail business is a natural match for the brick and mortar store, but e-commerce is a bit more sophisticated. Home enchancment shops, particularly the massive box stores, have some particular dangers and rewards which have made them resilient, even with fluctuations in the real estate market that can dampen sales to such retailers.