Home Depot is about 30 years younger than Lowe’s, but is now by far the home improvement industry leader in overall sales. Speaking to Seth Basham, managing director of equity research at Wedbush Securities, Business Insider outlines key differences between …
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Lowe’s has announced it plans to close 51 “underperforming store locations as part of its ongoing strategic reassessment,” the company reported in a press release. Twenty of those locations will be in the U.S., and 31 will be in Canada, …
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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 …
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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, …
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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. …
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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 …
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Lowe’s has announced a new leadership structure that includes “simplified roles and responsibilities to drive operational excellence,” the company announced in a press release. The company has eliminated several positions, including chief operating officer, chief customer officer, corporate administration executive …
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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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