The Lowe’s Down

Whenever you have a big activist investor — we used to call them vulture capitalists, corporate raiders and a lot worse — breathing down your neck, it makes running your company that much more complicated…and uncomfortable. Is that what new Lowe’s CEO Marvin Ellison is dealing with now that Bill Ackman — the man who led the destruction of Penney and has made a colossal number of bad investment bets — has a sizable holding in the home improvement retailer? That’s what I speculated on in this Forbes.com posting:

https://www.forbes.com/sites/warrenshoulberg/2018/07/10/seven-days-on-the-job-ellison-begins-the-big-lowes-remodeling-project/#73259be819b7