Question

To improve its geographic presence, Lowe's purchased a 38-store chain,__________

A. Ace Hardware
B. Canyon Hardware and Home
C. Eagle Hardware and Garden
D. Restoration Hardware

Answer 1

Lowe's enhanced its geographic presence by acquiring Eagle Hardware and Garden, which helped expand its retail footprint and market presence.

Step-by-step explanation:

To improve its geographic presence, Lowe's purchased the 38-store chain, Eagle Hardware and Garden. This acquisition allowed Lowe's to expand its market share and footprint, strategically increasing its number of retail locations. While options such as Ace Hardware and Restoration Hardware are also known home improvement retailers, it was Eagle Hardware and Garden that Lowe's chose to acquire as part of its business strategy.