by Mike Duff | Jan 15, 2024 | Retail Articles
Lowe’s Cos. is promoting general merchandising leader Margi Vagell to executive vice president, supply chain. Vagell (pictured above) will succeed Don Frieson, who has been executive vice president, supply chain since 2018 and is set to retire April 1, according...
by Mike Duff | Jan 10, 2024 | Retail Articles
Lowe’s has established a loyalty program designed for DIY customers that can help them save on items they need for their homes now and earn rewards toward what they want next, the company stated. The loyalty program has launched in select regions, Lowe’s...
by Mike Duff | Nov 21, 2023 | Retail Articles
Lowe’s Cos. did better than Wall Street expected on earnings in the third quarter but fell short on revenues as do-it-yourself customers stepped back from bigger-ticket purchases. Net earnings were $1.77 billion, or $3.06 per diluted share, versus $154 million,...
by Mike Duff | Sep 11, 2023 | Retail Articles
Lowe’s Cos. has teamed up with some NFL stars to promote and support do-it-yourselfers in getting home projects up and going. The initiative launches in alignment with a 360-marketing campaign, which is an extension of the Lowe’s Knows creative platform that...
by Mike Duff | Aug 22, 2023 | Home + Housewares
Lowe’s chief Marvin Ellison, in reporting a second-quarter earnings beat for the retailer while revenues fell a bit short of expectations, said the outlook for the home improvement market is improving. Net earnings were $2.67 billion, or $4.56 per diluted share,...