During the first quarter of 2025, big-box home improvement retailers Lowe’s, Home Depot and Tractor Supply Company saw year-over-year increases in net sales but declines in net earnings. See the round-up and side-by-side comparisons below and read the full stories …
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Lowe’s Expands Online Marketplace With New Partnership
Lowe’s is bringing its customers more options than ever through its new online marketplace, launched in December 2024. Now, Lowe’s is accelerating the growth of its marketplace with a partnership with Mirakl, a global marketplace technology company. Through this partnership, …
Read More »Lowe’s Reports 1.04% Decrease in Total Sales for Q1 2025
Lowe’s reported its Q1 2025 financials, marking $20.9 billion in total sales, a 1.04% decrease year over year. Comparable store sales for the quarter decreased 1.7% as unfavorable weather early in the quarter was offset by mid-single-digit pro and online …
Read More »J.D. Power Study Reports Increased Home Improvement Retailer Shopper Satisfaction
J.D. Power released its 2025 U.S. Home Improvement Retailer Satisfaction Study, measuring key drivers of satisfaction among customers who purchased home improvement-related products from a home improvement retailer. The study noted 64% of home improvement retailer shoppers would definitely shop …
Read More »Lowe’s Announces EA Sports Partnership
Lowe’s is teaming up with EA SPORTS to be featured in multiple gaming titles, including Madden NFL, College Football and EA SPORTS FC. The Lowe’s logo will appear in each game and branding will be used across different gameplay experiences. In EA …
Read More »Lowe’s to Acquire Artisan Design Group for $1.325 Billion.
Artisan Design Group (ADG) was recently sold to Lowe’s Companies for $1.325 billion by The Sterling Group, a private equity firm. ADG, a nationwide design, distribution and installation services provider based in Dallas, Texas, operates 132 distribution, design and service …
Read More »Lowe’s Partners With Homeowner Membership Platform Mesa
Lowe’s recently announced its partnership with homeowner membership platform, Mesa. Lowe’s customers who have a Mesa Homeowners Card that is linked to their MyLowe’s Rewards account are eligible to receive up to $120 annually in credits for purchases made at Lowe’s. …
Read More »Lowe’s Launches In-Store Design Experience
Lowe’s announced the launch of Lowe’s Style Studio for Apple Vision Pro, which launched in early 2024, in five stores in the Austin, Texas, area. With this new technology, customers can now make free in-store appointments to visualize their dream …
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