Lowe’s cuts jobs, issues cautious guidance amid sector pressures

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Dive Brief: As the housing market remains pressured, Lowe’s is cutting jobs and issuing what executives themselves are describing as “cautious” financial guidance for the year ahead. The home retailer slashed 600 corporate and support roles earlier this month as part of its productivity initiatives. As to guidance, the home improvement retailer expects full-year t ...