The Lowe’s Foundation recently announced an expanded $250 million commitment to help train and develop 250,000 tradespeople by 2035 through its Gable Grants program. The announcement comes as Associated Builders and Contractors estimates that 349,000 net new construction are needed …
Read More »Tag Archives: Lowe’s
Lowe’s Expands Partnership with RELEX and Accenture
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 …
Read More »Lowe’s Launches HomeCare+ Subscription for Home Maintenance Services
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 …
Read More »Lowe’s Sales Reach $20.6 Billion in Q4 2025
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 …
Read More »Lowe’s Partners with Affirm to Offer Flexible Payment Options for Customers
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 …
Read More »Lowe’s Cuts 600 Corporate and Support Jobs
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 …
Read More »Lowe’s Expands Texas Footprint with Two New Store Openings in January
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 …
Read More »Lowe’s and Home Depot Highlight AI and Pro Initiatives in Q3 2025
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. …
Read More »
Hardware Retailing The Industry's Source for Insights and Information

