Both Lowe’s and Home Depot should be scared of the 20,000 vans Amazon wants to put on the road. Those vehicles will enable Amazon to deliver merchandise directly to homeowners, landlords, and small contractors. Such people are Lowe’s core customers.
On the positive side, there are many ways that technology will help Lowe’s (NYSE: LOW) fight Amazon.
Lowes (NYSE: LOW) is in an excellent position to fend off Amazon because of its cash flow.Read more