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 …
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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 …
Read More »Big Box Stores Launch AI Tools
The Home Depot and Lowe’s recently launched their respective AI tools to provide personalized assistance in home improvement projects. Home Depot’s “Magic Apron” Home Depot is launching its suite of generative AI tools, named Magic Apron. The tools will help …
Read More »How the Big Boxes Fared in 2024
Multiple big-box retailers, along with Ace Hardware, recently released their full year financials for 2024. Hardware Retailing has gathered the data and compiled a list of the most important data for retailers to benchmark against their own operations. Ace Hardware …
Read More »Lowe’s Reports Q4 2024 Financials
Lowe’s Companies reported a comparable sales increase of 0.2% in Q4 2024, driven by high single-digit pro and online comparable sales, a strong holiday performance and rebuilding efforts after recent hurricanes. Total sales for the quarter were $18.6 billion. “Our results …
Read More »Lowe’s Relaunches Loyalty Program for Professionals
Lowe’s recently announced an update for its existing loyalty program for industry professionals, MVPs Pro Rewards. The program will now become MyLowe’s Pro Rewards™, geared towards small-to-mid-sized professionals. With the new program, users start earning points from sign-up and can …
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