Tag Archives: Lowe’s

Many changes are coming to Lowe’s. Today, the big-box retailer reported its second-quarter sales and earnings. The company also announced its decision to close all Orchard Supply Hardware stores, named its newest executive and revealed its strategic plans moving forward. …

Orchard Supply Hardware, a hardware and garden chain with 99 locations in California, Oregon and Florida, will close nationwide by the end of fiscal year 2018, parent company Lowe’s confirms in its second-quarter 2018 financial results. In the earnings report, …

After announcing a new leadership structure last month, Lowe’s has filled one of its vacant executive positions. The big-box home improvement company recently announced the appointment of Donald E. Frieson as executive vice president of supply chain, effective August 8. …

Lowe’s has hired a second high-profile J.C. Penney executive, just two months after successfully recruiting the department store chain’s CEO. On July 20, Lowe’s named Joseph M. McFarland III as executive vice president of stores, effective Aug. 15. He will oversee Lowe’s …

Lowe’s is requiring its salaried managers and assistant managers to sign binding arbitration agreements or possibly lose their bonuses, the HuffPost reports. The contract prevents employees from pursuing legal action against the big-box retailer in court or joining any class-action lawsuits …

Lowe’s Companies, Inc. announced June 4 that chief financial officer Marshall Croom plans to retire from the company Oct. 5. Croom took the job of CFO in March 2017, replacing Robert F. Hull Jr. in the position when Hull retired. Croom …

Lowe’s has committed to stop selling paint solvents containing chemicals linked to “dozens of accidental deaths,” The New York Times reports. The company announced May 29 that, by the end of 2018, it would no longer sell paint strippers with methylene chloride …

The June issue of Hardware Retailing takes a closer look at smart home technology as it relates to plumbing products. However, smart home technology can be found in several categories within the home improvement industry. As more consumers are adopting …