Hammering home a Woolworths warning

The latest result from US giant Lowe's raises questions about whether the group is a suitable partner for Woolworths in its ambitious hardware thrust.

Did Woolworths pick the right company when it chose US group Lowe's Cos (known as Lowe's) to be its partner in its $1.5 billion plunge into hardware? With Woolworths due to report its full-year profit on Thursday, the question arises after a less-than-stellar second quarter for Lowe's as it struggles to introduce a new retailing strategy that boosts online activity over bricks-and-mortar operations.


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