Lowe’s has announced plans to construct a global technology hub in Charlotte, North Carolina, the company confirms. The company says that, once complete, the center will employ approximately 2,000 information technology (IT) workers to help “accelerate the … company’s technology …
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Big-box home improvement chains The Home Depot and Lowe’s both announced their first-quarter 2019 financial results. Learn how each company performed in the articles linked below. Home Depot Reports Sales Growth for First Quarter “We were pleased with the underlying …
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Big-box home improvement chain Lowe’s has announced its first-quarter 2019 financial results. In total, Lowe’s achieved net earnings of $1.0 billion, up 1.2 percent from the same period in 2018, the company reports. Lowe’s also announced its decision to “sell …
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In an interview with North Carolina Biz News Wire, Lowe’s CEO Marvin Ellison is looking back on his first year at the helm of the U.S. big-box home improvement chain. “When I came to Lowe’s, I quickly saw that the …
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Writing for Forbes, retail analyst Greg Petro dives into a few of his key takeaways from Shoptalk, an annual retail conference that highlights industry trends, technology and business models. Artificial intelligence is getting smarter. Petro says one of the dominant …
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Big-box retailers Home Depot and Lowe’s both announced their financial results for the fourth quarter of 2018. Check out the links below to learn more about the companies’ financials and what their respective CEOs had to say about business going …
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In its fourth-quarter 2018 financial results, big-box retailer Lowe’s reports a net loss of $824 million. This figure is in contrast to net earnings of $554 million during the same period in 2017. Sales for the fourth quarter came to …
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In recent years, millennial consumers (shoppers born between 1981 and 1996) have been accused of “killing” industries that once thrived with support from different consumer generations. Speaking at the National Retail Federation’s NRF 2019: Retail’s Big Show, Lowe’s president and …
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