Lowe’s Companies Inc. today reported net earnings of $2.4 billion for the second quarter ended Aug. 2, with total sales for the quarter down 5.6% year over year to $23.6 billion. Comparable sales for the quarter decreased 5.1% driven by …
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8 Home Improvement Companies Make NRF’s 2024 List of Top 100 Retailers
The National Retail Federation (NRF) released its annual list of the Top 100 Retailers. The 2024 Top 100 Retailers ranks the industry’s largest companies according to domestic sales. The list was compiled by Kantar, a global marketing data, insight and …
Read More »DoorDash Announces Partnership With Lowe’s
Marking its first foray into the home improvement category, DoorDash will be partnering with Lowe’s Cos. to offer on-demand delivery from over 1,700 stores nationwide. “We’re excited to welcome Lowe’s to DoorDash as our first national home improvement retailer,” says …
Read More »Lowe’s Launches Immersive AR Design Studio
Lowe’s announced it is launching Lowe’s Style Studio, an augmented reality (AR) experience designed exclusively for Apple Vision Pro. Lowe’s Style Studio utilizes the capabilities of spatial computing to help customers visualize and design their dream kitchen from the comfort …
Read More »Stainmaster Announces 2024 Color of the Year
Stainmaster Paint, available exclusively at Lowe’s, recently unveiled its 2024 Color of the Year—English Green. English Green goes well with terracotta, gold and cool shades of blue, plum and grey. When selecting English Green as its Color of the Year, Stainmaster considered …
Read More »Lowe’s Launches DIYer Rewards Program
Lowe’s announced an update to its loyalty program designed for DIY customers that offerings cost savings and rewards. The new MyLowe’s Rewards also offers exclusive perks only for members. The loyalty program is now available in select regions and will …
Read More »Lowe’s, Toro Announce Strategic Partnership
The Toro Co. and Lowe’s Cos. Inc. announced a strategic retail partnership through which Lowe’s will carry Toro zero-turn riding mowers, walk mowers, portable power equipment and snow blowers in both the gas and rapidly expanding battery categories. The Toro …
Read More »Big-Box Financials Released for Q2 2023
Several big-box retailers have released their financial data for the second quarter of 2023, reflecting downward trends in sales for some operations and a positive quarter for others. For a quarter-to-quarter comparison, see how these same retailers performed in Q1 …
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