Tag Archives: Lowe’s

Lowe’s announced it is extending its partnership with RELEX Solutions and Accenture to unify Lowe’s inventory replenishment and allocation platform.  “Expanding our use of RELEX accelerates Lowe’s transformation toward a fully integrated, AI-driven inventory platform,” says Margi Vagell, Lowe’s executive …

Lowe’s recently introduced HomeCare+, a new annual subscription offering for MyLowe’s Rewards loyalty members. Through the program, Lowe’s will offer seven in-home services that help homeowners manage essential upkeep tasks regularly. “HomeCare+ is all about simplifying home improvement and making …

Lowe’s recently released financial results for the fourth quarter of 2025 and an outlook for the full year 2026. Total sales for Q4 were $20.6 billion, up from $18.6 billion in Q4 2024. Comparable sales increased 1.3% in the fourth …

Lowe’s recently announced a new partnership with Affirm, allowing Lowe’s customers to have more flexibility while paying for products. Through the partnership, Affirm will offer Lowe’s customers payment plans online and on the Lowe’s mobile app. Lowe’s will also be …

Lowe’s recently cut approximately 600 jobs from both corporate and support roles, citing a shift in focus to in-store employees. “This step helps better align our resources to support our stores and the associates who serve customers every day,” says …

Lowe’s announced the opening of two Texas stores set to open at the end of January. Lowe’s of Celina, Texas, is slated to open on Jan. 23 and Lowe’s of Manvel, Texas, has a planned opening of Jan. 30. These …

Lowe’s and Home Depot released Q3 2025 financials this week, both reporting modest net sales growth and progress on several company initiatives. Both companies also hosted earnings calls where execs shared insights into how each is improving various operational areas.  …

Lowe’s announced it has completed its acquisition of Foundation Building Materials (FBM), a building materials distribution company with over 370 locations across the U.S. and Canada. Through the acquisition, Lowe’s will be expanding its pro customer offerings and faster fulfillment. …