Tag Archives: Lowe’s

Lowe’s financial results, announced Feb. 28, indicate a mixed bag for the company. The home improvement retailer gave information on its fourth-quarter 2017 earnings and for the entire fiscal year. Lowe’s recorded $15.5 billion in sales in the fourth quarter …

Lowe’s presence in Canada has been evolving over the past four years, with business acquisitions and branding changes included in the company’s growth strategy. One of its newest changes is the rebranding of 17 home improvement stores Feb. 26 in …

Lowe’s has been testing in-store virtual reality experiences for customers, and now it is using the technology for employee training. The company has reimagined the consumer version of the tool, Holoroom How To, for workers, called Holoroom How To: Red …

The 20 largest employers in the U.S. all offer some form of paid family leave, now that Lowe’s announced it will provide 10 weeks of paid leave to new birth mothers, The New York Times reports. Effective May 1, the big-box …

When Apple announced details of its not-yet-released iOS operating system this month, the name Lowe’s popped up as a partner in a new feature called Business Chat. That new feature will offer an avenue for Lowe’s to offer customer service …

Vikram Singh will serve as Lowe’s Cos. Inc.’s senior vice president and its first chief digital officer, the company states in a press release. The chief digital officer will “accelerate Lowe’s digital evolution and drive a holistic integrated strategy to …

Lowe’s Cos. Inc. has announced that Richard D. Maltsbarger, Lowe’s chief development officer and president, international, has been named the company’s chief operating officer (COO), effective Feb. 3, 2018. Maltsbarger will succeed Rick D. Damron, who has served in the …

2017 is shaping up to be a better year than 2016 for Lowe’s, with sales and earnings increasing in its first nine months, including in the third quarter. Net earnings for the first three quarters were $2.9 billion, versus $2.4 …