In the past month, Home Depot, Lowe’s and Tractor Supply have all announced their second-quarter 2020 financial results. For all companies, sales in this period coincided with massive disruptions caused by COVID-19. Even amid retail volatility, the second-quarter 2020 financial …
Read More »Tag Archives: Lowe’s
Lowe’s Reports $27.3B in Q2 Sales
Home improvement chain Lowe’s achieved $27.3 billion in second-quarter 2020 sales, up 30 percent from the same period in 2019, the company reports. Lowe’s net earnings for the quarter were $2.8 billion, a 64 percent increase sales in the same …
Read More »Lowe’s Details Supply Chain Upgrades
Big-box retail chain Lowe’s is planning an update to its supply chain in an effort to bolster home delivery services for pro and DIY customers. Over the next 18 months, Lowe’s plans to open 50 cross dock delivery terminals, seven …
Read More »Lowe’s and HomeAdvisor Start Pro-Focused Partnership
Lowe’s and home improvement website HomeAdvisor are teaming up on a new program aimed at getting professional builders and home services providers direct leads. Under the arrangement, members of the Lowe’s for Pros Loyalty Program will receive a free, yearlong …
Read More »Comparing the Big 3: Home Depot, Lowe’s, Menards
The three largest big-box home improvement retailers in the U.S. have unique stories. Lowe’s, as the oldest, began in 1921 as an independently owned single store that grew to 15 locations before it became an investor-owned business in 1961. Read …
Read More »Lowe’s 360: Extra Features
Read the Lowe’s 360 story from Hardware Retailing magazine here. The following extras are only available online and provide a closer look at Lowe’s. SWOT Analysis Lowe’s has been successful for decades, but operates in a competitive marketplace with strong contenders among …
Read More »A SWOT Analysis of Lowe’s
To read Hardware Retailing’s analysis of Lowe’s strengths, weaknesses, opportunities and threats, click on the icons below and scroll down. Read the full Lowe’s 360 profile here.
Read More »Expert: Lowe’s Is Solid, but Was Slower to Invest in Changes
Warren Shoulberg is a retail industry observer and a contributing writer to a variety of business publications, including Forbes. He spoke with Hardware Retailing about Lowe’s position in the home improvement industry and the opportunities the big-box retailer has. For a comprehensive …
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