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Tag Archives: Marvin Ellison

Exploring Big-Box Q1 2019 Financial Results

q1 2019 financial results

Big-box home improvement chains The Home Depot and Lowe’s both announced their first-quarter 2019 financial results. Learn how each company performed in the articles linked below. Home Depot Reports Sales Growth for First Quarter “We were pleased with the underlying ... Read More »

Lowe’s Reports $17.7B in Q1 2019 Sales

marvin ellison

Big-box home improvement chain Lowe’s has announced its first-quarter 2019 financial results. In total, Lowe’s achieved net earnings of $1.0 billion, up 1.2 percent from the same period in 2018, the company reports. Lowe’s also announced its decision to “sell ... Read More »

Lowe’s CEO Reflects on His First Year in Charge

Lowe's CEO

In an interview with North Carolina Biz News Wire, Lowe’s CEO Marvin Ellison is looking back on his first year at the helm of the U.S. big-box home improvement chain. “When I came to Lowe’s, I quickly saw that the ... Read More »

Retail Insights From Shoptalk 2019

shoptalk 2019

Writing for Forbes, retail analyst Greg Petro dives into a few of his key takeaways from Shoptalk, an annual retail conference that highlights industry trends, technology and business models. Artificial intelligence is getting smarter. Petro says one of the dominant ... Read More »

Big Boxes Announce Latest Financial Results

q1 2019 financial results

Big-box retailers Home Depot and Lowe’s both announced their financial results for the fourth quarter of 2018. Check out the links below to learn more about the companies’ financials and what their respective CEOs had to say about business going ... Read More »

Lowe’s Announces Q4 2018 Financial Results

lowe's

In its fourth-quarter 2018 financial results, big-box retailer Lowe’s reports a net loss of $824 million. This figure is in contrast to net earnings of $554 million during the same period in 2017. Sales for the fourth quarter came to ... Read More »

Lowe’s CEO Sees a Millennial Opportunity

millennial

In recent years, millennial consumers (shoppers born between 1981 and 1996) have been accused of “killing” industries that once thrived with support from different consumer generations. Speaking at the National Retail Federation’s NRF 2019: Retail’s Big Show, Lowe’s president and ... Read More »

Big Boxes Seek to Improve Customer Experience

customer experience

Big-box retailers Home Depot and Lowe’s are both aiming to improve their overall customer experience in 2019, according to separate reports. Home Depot is in the process of uniting its online and offline operations, a move that could change the ... Read More »