Lowe’s Companies released its third quarter financial results, posting $20.2 billion in total sales, compared to $20.5 billion in Q3 2023. Comparable sales for the quarter decreased 1.1%, driven by continued softness in DIY large-ticket discretionary demand, which was offset …
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Lowe’s New Digital Home Platform Launches for MyLowe’s Rewards Members
Lowe’s recently introduced its new Digital Home Platform, a program providing personalized information to homeowners about home appliances, to members of the MyLowe’s Rewards program. The platform includes how-to content, warranties, manuals, replacement parts and recommended subscriptions for customer’s home …
Read More »Lowe’s Adjusts Year-End Projections Down in Q2 Report
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 …
Read More »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 …
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