electrical

Lowe's Incentive Program May Boost Its Market Share

As the competition between home improvement heavyweights Lowe's and Home Depot intensifies, customer service is emerging as one of the key features on which they will need to innovate. Lowe's latest attempt is a new incentive program for customers paying with the store's credit card.

Tyco Registers to Spin Off Electrical & Metal Products Unit

Tyco International Ltd. filed documents with the Securities & Exchange Commission to spin off its Electrical & Metal Products division, which accounted for about 8% of its revenue last year. The company previously announced plans to spin off the unit in April.