Marvin Ellison, one of the world’s wealthiest Black CEOs, is celebrating a multi-million-dollar financial triumph. The chairman, president, and CEO of the home-improvement giant Lowe’s ...

But unlike dozens of other retail executives, Lowe's CEO Marvin Ellison says the losses from retail theft this year are not expected to have a material impact on the company's profits.

JCPenney's next CEO will be Home Depot executive Marvin Ellison, the company announced Monday. Ellison, currently Home Depot's executive vice president of stores, will join JCPenney's board of ...