While Captain Marvelous & Little Joe are hyper-focused on Depot. Menard’s is quickly adding New Stores. And every new store is located near a Lowe’s.
In the near future Lowe’s will become the distant number 3 home improvement retailer in America’s heartland.
Lowe’s is losing business by the day under the new leadership. Customers have grown tired of the understaffed and understocked stores. The stores now resemble Big Lott’s with clearance merchandise crowding the main aisles. The stores look like the middle management that visits them weekly, old and tired.
While Lowe’s is focusing on appliance rentals, PSE leads, EPP’s, and details. Menards actually focuses on selling products that customers want at prices customers like.
Menard’s isn’t shackled by stock prices, Hedge Fund investors, or Wall Street. They actually still operate their business for long term success and growth.
Lowe’s has went from opening new stores annually and putting a 3D printer on the Space Station. To now closing stores, laying off thousands of employees, and outsourcing.
Lowe’s has become Sears 2.0 and has started the same downhill slide. It will take years for Lowe’s to close their last store. But make no mistake, that day will come.