Leaders Playbook: Inside Lowe’s 1/28/26
Squawk Pod
CNBC
4.2 • 543 Ratings
🗓️ 28 January 2026
⏱️ 21 minutes
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| 0:00.0 | On this episode of Leader's Playbook, Inside Lowe's one of the nation's biggest brands in home improvement, |
| 0:09.8 | helping millions of Americans repair, remodel, and decorate their homes. |
| 0:14.7 | I'm trying to create a company I wished I could have worked for. |
| 0:17.8 | Meet Marvin Ellison, the CEO who brought new life to an aging brick and mortar business. |
| 0:23.5 | We had to make some incredibly quick pivot. |
| 0:26.2 | Delivering a multi-billion dollar upgrade from the sales floor to the supply chain. |
| 0:31.0 | We were generating a lot of cash. |
| 0:33.1 | This is his playbook for a massive retail turnaround. |
| 0:36.9 | It all starts with people. |
| 0:38.5 | And a revealing look at his journey from humble beginnings to CEO. |
| 0:42.6 | I unloaded trucks. I drove forklifts. I was a janitor. |
| 0:46.0 | And meet the leader who helps execute his vision. |
| 0:49.4 | He will always be very clear on his expectations. |
| 0:52.7 | Leaders have to be decisive. Leaders playbook Lowe's |
| 0:57.0 | starts now. I'm meeting Lowe's CEO Marvin Ellison in a location that looks exactly like most |
| 1:03.0 | Lowe's stores. Only this place never sees a single customer. And this is an identical replica. |
| 1:09.6 | It's a giant retail lab where Lowe's tests product |
| 1:13.3 | displays, store layouts, and new technology. We have training classes here with store managers, |
| 1:18.8 | district managers. I'm here to learn how his leadership strategy transformed Lowe's since he took |
| 1:24.1 | over as CEO in 2018. What were some of the challenges that were facing Lowe's when you took over? |
| 1:29.9 | We needed to transition Lowe's to a modern retail format. |
| 1:34.1 | Lowe's was designed as a classic brick and mortar retail, |
... |
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