1. Lowe's CEO Takes Aim at Home Depot

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    Lowe's CEO Takes Aim at Home Depot

    Marvin Ellison is stepping up efforts to close Lowe's Cos.'s performance gap with its larger rival Home Depot Inc. Lowe's plans to shut down Orchard Supply Hardware stores, a small regional hardware chain it acquired five years ago, and Mr. Ellison, chief executive of the world's second-largest home-improvement retailer, said Wednesday a portfolio review is under way to ...

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    1. What that tells me is we're more concerned about shouting out to the world that we have smart-home products than we are in saying we're making money.

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