US retailer Lowe's goes small in Manhattan as big-box era fades
DeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
AT the site of a former grocery store on Manhattan's Upper West Side, Lowe's Cos is tackling the ultimate challenge for big-box retail: going small.
In two weeks, Lowe's will open a store on the corner of Broadway and 68th Street that's just 30,000 square feet (2,800 square metres). The location is a quarter the size of its suburban home-improvement centres and represents the company's first foray into Manhattan in its 69-year history. But it's more notable as a testing ground for what could be Lowe's next sales engine - cities.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore