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Lowe’s CEO Marvin Ellison says work-from-home and a robust housing market continue to give the home improvement retailer a boost
Shoppers may possibly be getting ready for spring and summer time vacation and events but Lowe’s Cos. Main Executive Marvin Ellison claims consumers will preserve paying out on their houses. “The home will be forever redefined by the pandemic,” Ellison told MarketWatch on Wednesday immediately after the property improvement retailer Low, -1.69{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} documented fiscal initially-quarter benefits. Crucial amid the ways in which the property has shifted throughout COVID-19 is that for a lot of it doubles as a workspace. He does not see the nation’s workers heading again to the office environment in the very same way they did prior to the pandemic. “This drives a unique kind of dwelling…