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Lowe’s Comps Slide But Earnings Beat Wall Street Estimate

Lowe’s Comps Slide But Earnings Beat Wall Street Estimate

by Mike Duff | Mar 1, 2023 | Retail Articles

Lowe’s posted mixed results in the fourth quarter, with earnings above but revenues coming in short of Wall Street expectations, and the company announced it was boosting employee compensation. Net earnings were $957 million, or $1.58 per diluted share, versus $1.21...
Study: Bed Bath & Beyond, Crate & Barrel Among Retailers Providing Best Online Experiences

Study: Bed Bath & Beyond, Crate & Barrel Among Retailers Providing Best Online Experiences

by Mike Duff | Feb 20, 2023 | Retail Articles

The 2023 Omnichannel Experience Index study by Incisiv, in collaboration with Blue Yonder and Microsoft, recognized retail leaders that offer the richest omnichannel experience maturity across the four key areas, and it includes a company that once resisted diving...
Lowe’s Introduces ‘Build a Birthday’ Program for Young DIYers

Lowe’s Introduces ‘Build a Birthday’ Program for Young DIYers

by Mike Duff | Jan 23, 2023 | Retail Articles

Retailers constantly consider how to get the next generation of shoppers into the store, and Lowe’s Cos. is welcoming its customers of tomorrow by launching an in-store kids’ birthday party program that aims to inspire junior builders while giving parents...
Lowe’s Comps Slide But Earnings Beat Wall Street Estimate

Lowe’s Brings Updated Media Program In-House

by Mike Duff | Jan 12, 2023 | Retail Articles

As a next step in scaling platform capabilities and advertising services, Lowe’s Cos. will move its retail media network’s advertising sales and operations departments in-house, effective January 31. The initiative will allow Lowe’s One Roof Media...
Placer.ai: Super Saturday Gains Shifted to Value Retailers

Placer.ai: Super Saturday Gains Shifted to Value Retailers

by Mike Duff | Dec 22, 2022 | Retail Articles

Super Saturday, this year falling on December 17, was a great time for a small subset of mostly value retailers, according to Placer.ai. The traffic tracker stated that most segments and individual retailers saw visits drop year-over-year and compared to Super...
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