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Black-owned construction firms are on the rise. Earlier this year, several black-owned construction firms were hired to build the $350 million Obama Presidential Center in Chicago. And David C. Delancy, owner of One Day Came, Inc., is making his mark in the construction space as well.While growing up in Miami, Delancy had a passion for basketball, even earning All-American honors and a scholarship to University of South Florida (USF), but in the back of his mind, an entrepreneurial dream lingered. And after earning a degree in public administration at USF, he went on to found One Day Came, Inc. in 2004. Today, the company handles multi-million projects all over Florida, with offices in Tampa and Gainesville.
Home improvement retailer Lowe's announced Monday that it is closing 20 stores in the U.S. and 31 stores in Canada. It said that the majority of store closures occur where there are two Lowe's within 10 miles of each other.
Lowe's CEO Marvin Ellison said the closures are a "necessary step in [the company''s] strategic reassessment as [it focuses] on building a stronger business."
The retailer operates about 1,800 stores in the U.S. and about 300 in Canada. It expects to complete the closures by February.
The retailer has made a number of changes over the past year to catch up to its stronger rival, Home Depot. Industry experts have said that Home Depot has better real estate than Lowe's and has invested more in its e-commerce fulfillment.
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