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Tag Archives: Lowe’s

Lowe’s CEO Visits Stores, Details Improvements

Lowe's CEO

Speaking at a dedication event for Charlotte Hornets-themed basketball courts, Lowe’s CEO and president Marvin R. Ellison outlined what’s in store for the company in the months ahead, according to the Charlotte Business Journal. In late August, Lowe’s announced the ... Read More »

Ace Hardware, Lowe’s Release Q2 Financial Results

Q2 financial results

Ace Hardware Corp. and Lowe’s both recently released their second-quarter 2018 financial results. Earnings were up for both companies, but dive into their separate reports to get the full story on how these home improvement companies are faring at the ... Read More »

Lowe’s Reports Q2 Sales, Names New CFO

Lowe's

Many changes are coming to Lowe’s. Today, the big-box retailer reported its second-quarter sales and earnings. The company also announced its decision to close all Orchard Supply Hardware stores, named its newest executive and revealed its strategic plans moving forward. ... Read More »

Orchard Supply Hardware to Close Nationwide

Orchard Supply Hardware

Orchard Supply Hardware, a hardware and garden chain with 99 locations in California, Oregon and Florida, will close nationwide by the end of fiscal year 2018, parent company Lowe’s confirms in its second-quarter 2018 financial results. In the earnings report, ... Read More »

Donald E. Frieson Joins Lowe’s Executive Team

Lowe's

After announcing a new leadership structure last month, Lowe’s has filled one of its vacant executive positions. The big-box home improvement company recently announced the appointment of Donald E. Frieson as executive vice president of supply chain, effective August 8. ... Read More »

Lowe’s Snags Another Top J.C. Penney Exec

lowe's

Lowe’s has hired a second high-profile J.C. Penney executive, just two months after successfully recruiting the department store chain’s CEO. On July 20, Lowe’s named Joseph M. McFarland III as executive vice president of stores, effective Aug. 15. He will oversee Lowe’s ... Read More »

Report Says Lowe’s Requires Employees to Sign Arbitration Agreements

Arbitration

Lowe’s is requiring its salaried managers and assistant managers to sign binding arbitration agreements or possibly lose their bonuses, the HuffPost reports. The contract prevents employees from pursuing legal action against the big-box retailer in court or joining any class-action lawsuits ... Read More »

Lowe’s CFO Marshall Croom to Retire

Croom

Lowe’s Companies, Inc. announced June 4 that chief financial officer Marshall Croom plans to retire from the company Oct. 5. Croom took the job of CFO in March 2017, replacing Robert F. Hull Jr. in the position when Hull retired. Croom ... Read More »