But Marvin Ellison did. Ellison got his start making just $4.35 per hour working part-time at Target while he was in college ...

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.

J.C. Penney names Home Depot executive Marvin Ellison as chief executive, succeeding current CEO Myron E. Ullman III. WSJ’s Shelly Banjo joins MoneyBeat. Photo: Getty.

“We know that there’s a lot of uncertainty out there,” Lowe’s CEO Marvin Ellison told The Charlotte Observer and other local media outlets Wednesday following the company’s quarterly ...