by Mike Duff | Dec 13, 2022 | Retail Articles
Two measures of corporate responsibility have just emerged — one from S&P Dow Jones Indices and the other from Newsweek — and they each include a roll call of retailers. Only three retailers, however, are on both: Lowe’s Cos. Best Buy and Gap. The two social...
by Mike Duff | Dec 12, 2022 | Retail Articles
The National Retail Federation announced Lowe’s Chairman and CEO Marvin Ellison will receive The Visionary award as part of the eighth annual NRF Foundation Honors on January 15, 2023, in New York. Presented annually to an outstanding retail industry leader, The...
by Mike Duff | Dec 7, 2022 | Retail Articles
At its 2022 Analyst and Investor Conference, Lowe’s Cos. is providing an update on its key growth initiatives including the company’s plans for growth across its five focus areas. The growth initiatives include deepening Pro penetration, accelerating the...
by Mike Duff | Nov 16, 2022 | Retail Articles
Strong consumer and pro sales helped propel Lowe’s Cos. to better-than-anticipated third-quarter results. For the quarter, Lowe’s recorded net earnings of $154 million, or 25 cents per diluted share, versus $1.9 billion, or $2.73 per diluted share, for the...
by Mike Duff | Oct 21, 2022 | Retail Articles
A Lowe’s holiday survey revealed more than 90% of consumers plan to spend as much, if not more, than they did last year on holiday gifts, and more than 85% will participate in holiday traditions. As such, the home improvement retailer has developed a range of...
