Lowe’s CEO Robert Niblock cited the recovering U.S. economy as among the reasons why the company plans to focus more on market differentiation and omnichannel retailing.
The company said it will outline these and other strategic priorities in a meeting with investors on Dec. 11 in North Carolina.
“We’re at a great point in our company’s evolution. The housing market and broader economy are recovering just as our transformation is gaining momentum,” Niblock said. “We’re building on our past success and finding new ways to serve and connect with customers.”