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 …
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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 …
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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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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 …
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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. …
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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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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 …
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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 …
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