Lowe’s Said To Seek Brazil Purchases : Business

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construction-materials super stores have yet to expand into most of Latin America. An acquisition in Brazil would have Lowes entering a market where the formal home-improvement industry still competes with corner hardware stores, even as rising incomes present compelling prospects for sales. Although economic growth is slowing this year, retailers see a market in which millions of Brazilians entered the middle class in the past decade. http://www.stltoday.com/business/local/979ffa97-c2c1-522c-b375-532e7df3db96.html

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