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Breaking News: Standley Is Out As Rite Aid CEO In Shakeup
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Lowe's CEO Takes Aim at Home Depot

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Marvin Ellison is stepping up efforts to close Lowe's Cos.'s performance gap with its larger rival Home Depot Inc. Lowe's plans to shut down Orchard Supply Hardware stores, a small regional hardware chain it acquired five years ago, and Mr. Ellison, chief executive of the world's second-largest home-improvement retailer, said Wednesday a portfolio review is under way to ...

Mentions: Management bankruptcy acquisition