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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Lowes Companies Inc | NYSE:LOW | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
3.42 | 1.49% | 233.00 | 238.15 | 231.98 | 233.58 | 1,834,731 | 00:03:33 |
By Paul Page
Lowe's Canada, the Toronto-based unit of Lowe's Companies Inc., appointed Gregor Stuart as vice president for supply chain as the home-improvement retailer began an aggressive expansion plan in Canada.
A former vice president of supply chain at Canadian retailer The Bargain! Shop, Stuart has more than 25 years of logistics and supply chain experience, most recently at NBR Consulting, a firm focused on supply chain consulting for retail shippers.
Stuart joins Lowe's as the company is expanding its store count in Canada from 40 to 54 sites, including 12 additions with the acquisition of former Target Stores Inc. stores across the country. In an announcement last week, the company said it will add a Canadian distribution center in Milton, Ontario, near Toronto, to help manage the flow of goods to its new Canadian stores.
Lowe's said in a statement that Stuart's appointment "supports Lowe's continued growth in Canada, while ensuring the optimal supply chain infrastructure is in place to serve Lowe's current stores and expansion plans."
Stuart has spent his career working in Canadian supply chains, first as an analyst at supermarket chain Loblaw Cos. Ltd. and later at Canadian Tire Corp. Ltd. and at clothing retailer Hudson's Bay Company.
Lowe's says its supply chain operation manages the flow of goods from more than 7,000 suppliers around the world that are funneled through regional distribution centers.
Write to Paul Page at paul.page@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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