What Every Retailer Can Learn From Lowe’s Recent Board Announcement

Last Friday, Reuters published, “Home Improvement chain Lowe’s said it has nominated two independent board members and plans to add a third following “constructive” talks with hedge fund D.E. Shaw Group, which has taken an activist stake.”

It was reported that D.E. Shaw Group had utilized available external data to identify quantifiable opportunities to grow sales by several billion dollars and to reduce costs significantly.

A question that comes immediately to mind is, “Why didn’t Lowe’s utilize this same available external data themselves?”

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