Thread regarding Lowe's Cos. layoffs

I hope you are a troll that is a over paid executive of lowes. Because you sound like one. "Of course shareholder value is important". But if your 1/4 over 1/4...results continue to s--- because customers are leaving..lowes is not too big to fail. Long list of retailers that thought that way. It's a bell curve it will happen.

I wonder how much of this has been caused by canceling the Sterling project after they sunk nearly one billion (yes that's billion with a "B") in to it and have nothing to show for their efforts.

Sterling was/is the windows based software that was to replace the present Genesis system. FOr the amount of money that was wasted on it Lowe's could of had a system similar to what home depot has.

Lowes is at the start of a process of decline. It happens with retailers throughout time. Long list of retail company's follow the same path. Just look at sears/kmart. Customers come into home improvement stores because they have a repair or problem that needs to be fixed and they expect an employee to be knowledgeable. Guess what it cost money to have knowledgeable employees. Lowes will begin to figure it out with poor 3rd qtr results. Just watch and see. Code 50 to the strawtrailer.

They care about $ - not service.

The purpose of the company is to make money, not to make customers happy.

We may reach our objective of making more money by doing good customer service, but that's just a tool that will get us where we need to be:

MAKING MONEY FOR SHAREHOLDERS.

Also, we are not here to make you or me happy. It's the shareholder who matters. You and I are just numbers. On a spreadsheet, so not even on a printed piece of paper, we are just a few dots on a screen that can be turned on and off.