Lowe's new Australian competitor coul...

Lowe's new Australian competitor could prove tougher than Home Depot

There are 5 comments on the redaprons.invisionzone.com story from Sep 9, 2009, titled Lowe's new Australian competitor could prove tougher than Home Depot . In it, redaprons.invisionzone.com reports that:

Lowe's CEO, Robert Niblock claims Australia is "underserved". He claims many other things as well. Like the housing market has bottomed, unemployment will recede at the beginning of 2010, etc. He is the ultimate optimist in these dire economic times. Some say he may also be delusional as well. Perhaps too many Celebrity Gala Events, free corporate jet rides and the expensive Lobster dinners have clouded his perception of reality.

Lowe's stores are severely understaffed. The computer system needs immediate upgrading according to employees. Morale within the company is at an all time low. Now Robert Niblock sets his sights on a new frontier, a world away in Australia.

So what will Lowe's face when it opens "150 stores over the next five years" in that foreign country?

We took a look and here is what we found. It's very hard to develop store sites in Australia for many reasons, mostly governmental red tape. So 150 stores in five years may be a bit unrealistic. And by the way, whatever happened to the Lowe's store expansion in Mexico?

In Australia, Lowe's will face Bunnings Warehouse. This big box retailer could prove to be a more formidable competitor in their native country than Home Depot is in North America. Lowe's is struggling right now in the United States. Stretching their resources (and cash) this way could eventually prove to be fatal.

Join the discussion below, or Read more at redaprons.invisionzone.com.

Staff

South Lake Tahoe, CA

#1 Sep 10, 2009
Good artical.
Fartragious

Germany

#2 Sep 13, 2009
Yeah, "Muckraker", aka known as Frank Bunker...LOL I guess YOU have all the answers even though you couldn't keep a job at Lowe's.
Good thing your whore, LookyLu knows how to copy and paste an article from another news source, as you couldn't come up with anything to blather about, except lies.
Terry the homo

AOL

#3 Sep 18, 2009
I'm just jealous because Bunker is tit screwing Sherry the LNS at Lowe's in Oviedo, FL. He is also screwing her poodle named Hollywood.

(we only hurt the ones we love...)
Nada

Fresno, CA

#5 Sep 21, 2009
Crank my yank wrote:
All the morons on MEET got canned from their jobs or quit in the middle of the worst economy in years. Now they all are living in their relative's basements and storage sheds.
Wendall has abandoned MEET and returned to Retail-Worker.
What a bunch of losers. Ratchet has driven that website into the ground with the assistance of G-4 trolls.
Time to shut it down.
Sherry is a ho!
A Ho just like your Jew ex-wife...Loved when you used a pine cone on her, huh?
Frank

New Zealand

#7 Jun 12, 2012
Amazing hav been reading up about Bunnings Bullying in the workplace. All the managers at the henderson branch tried to set a worker up. But he taped them. And Bunnings got caught out! What a way to deal with bullying one manager was not enough so more got involved.

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