Lowe’s released its first-quarter 2018 financial results on May 23, reporting net earnings of $988 million. The company released this information the day after naming Marvin Ellison as the new president and CEO of Lowe’s, effective July 2. The quarterly results represent …
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Lowe’s has named Marvin Ellison, former chairman and current CEO of J.C. Penney Co., as president and CEO, effective July 2. In March, Lowe’s announced a search for a new chief executive to replace retiring chairman, president and CEO Robert …
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The Craftsman tool brand, previously owned by Sears, has introduced a select line of products in Lowe’s stores and on its website, Lowe’s has confirmed. According to Lowe’s, “select CRAFTSMAN mechanics tool sets, tool storage, garage organization, flashlights and pressure …
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A big change is coming to the Lowe’s Cos. leadership team—longtime chairman, president and CEO Robert A. Niblock plans to retire. Today, the 25-year veteran of the big-box company announced his retirement, according to a press release from Lowe’s. The …
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Sherwin-Williams and Lowe’s have announced a new and exclusive collaboration. Lowe’s is becoming “the only nationwide home center to offer top-selling stain brands” from Sherwin-Williams, including Minwax, Cabot and Thompson’s WaterSeal, according to Lowe’s. The big-box chain is also going to be …
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Lowe’s financial results, announced Feb. 28, indicate a mixed bag for the company. The home improvement retailer gave information on its fourth-quarter 2017 earnings and for the entire fiscal year. Lowe’s recorded $15.5 billion in sales in the fourth quarter …
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Lowe’s presence in Canada has been evolving over the past four years, with business acquisitions and branding changes included in the company’s growth strategy. One of its newest changes is the rebranding of 17 home improvement stores Feb. 26 in …
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Lowe’s has been testing in-store virtual reality experiences for customers, and now it is using the technology for employee training. The company has reimagined the consumer version of the tool, Holoroom How To, for workers, called Holoroom How To: Red …
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