Big-box retailers Home Depot and Lowe’s are both aiming to improve their overall customer experience in 2019, according to separate reports. Home Depot is in the process of uniting its online and offline operations, a move that could change the …
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Lowe’s Plans to Hire More Than 65,000 Workers in 2019
Lowe’s has announced plans to hire more than 65,000 employees in 2019. In a press release, the company says the new hiring initiative will enable it to “improve customer service and product availability.” More than 50,000 of these hires will …
Read More »Lowe’s and Home Depot’s Differences Began Early
Home Depot is about 30 years younger than Lowe’s, but is now by far the home improvement industry leader in overall sales. Speaking to Seth Basham, managing director of equity research at Wedbush Securities, Business Insider outlines key differences between …
Read More »Lowe’s Plans to Close 51 Stores, Names New CIO
Lowe’s has announced it plans to close 51 “underperforming store locations as part of its ongoing strategic reassessment,” the company reported in a press release. Twenty of those locations will be in the U.S., and 31 will be in Canada, …
Read More »Lowe’s CEO Visits Stores, Details Improvements
Speaking at a dedication event for Charlotte Hornets-themed basketball courts, Lowe’s CEO and president Marvin R. Ellison outlined what’s in store for the company in the months ahead, according to the Charlotte Business Journal. In late August, Lowe’s announced the …
Read More »Orchard Supply Hardware to Close Nationwide
Orchard Supply Hardware, a hardware and garden chain with 99 locations in California, Oregon and Florida, will close nationwide by the end of fiscal year 2018, parent company Lowe’s confirms in its second-quarter 2018 financial results. In the earnings report, …
Read More »Donald E. Frieson Joins Lowe’s Executive Team
After announcing a new leadership structure last month, Lowe’s has filled one of its vacant executive positions. The big-box home improvement company recently announced the appointment of Donald E. Frieson as executive vice president of supply chain, effective August 8. …
Read More »Lowe’s Snags Another Top J.C. Penney Exec
Lowe’s has hired a second high-profile J.C. Penney executive, just two months after successfully recruiting the department store chain’s CEO. On July 20, Lowe’s named Joseph M. McFarland III as executive vice president of stores, effective Aug. 15. He will oversee Lowe’s …
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