Lowe’s is teaming up with Daymond John to introduce “Making It… With Lowe’s,” a nationwide, virtual search to bring products made by minorities, women, veterans, people with disabilities and those in the LGBTQ+ community to customers online and in-store nationwide.
Lowe’s is unveiling the first-ever Lowe’s “Home Team,” a group of current NFL players representing every team in the league, coming together to unite fans around connection and community this football season.
To meet the latest 2020 disaster-related needs, Lowe’s is donating $1 million to support disaster relief efforts for Hurricane Laura, California wildfires and the Iowa derecho.
The Home Depot Foundation is increasing its disaster response commitment for 2020 to $4 million to further support community relief and long-term rebuilding efforts in the states impacted by Hurricane Laura.
Ace Hardware International, a subsidiary of Ace Hardware Corp., will launch operations in Mexico.
Marvin Ellison took the president and CEO role at Lowe’s two years ago and, at the same time, joined the company’s board of directors. He moved to Lowe’s from J.C. Penney, where he served as president and chairman of the board.
As Hurricane Laura heads toward the Gulf Coast, The Home Depot said it will activate its Hurricane Command Center to support communities preparing for the storm.
At a time when home has become the new epicenter of personal style, Lowe’s and New York Fashion Week: The Shows have come together to reimagine one of fashion’s most iconic moments, transporting high fashion from the runway to the home.
The National Hardware Show will debut its virtual event October 12-15, 2020. The first National Hardware Virtual Show will provide the global hardware and home improvement community with the tools needed to equip customers, empower businesses, and engage with industry leaders.
A strong do-it-yourself consumer market supported Lowe’s during a robust second quarter.
A booming do-it-yourself market helped The Home Depot continue its growth momentum in the second quarter, with sales soaring as consumers continued to work from home.
When it comes to store visitors, Walmart’s recovery from coronavirus-related lows is proceeding more slowly than Target’s and is entangled with home center and dollar store retailers, according to Placer.ai.
While its in-store kids workshop classes are paused, Home Depot is offering live-stream and digital workshops and has donated more than 500,000 kids workshop kits over the past four months to more than 100 nonprofit organizations and schools across the country.
The Home Depot will open three new distribution centers in Georgia over the next 18 months to support the growing demand for flexible delivery and pick-up options for pro and DIY customers.
Lowe’s will provide an additional $100 million in bonuses to assist associates with unforeseen expenses and hardships, increasing the company’s total commitment to associates and communities during the pandemic to nearly $600 million.
Expenditures for improvements and repairs to owner-occupied homes are expected to slow by the middle of next year as the COVID-19 pandemic continues to unfold, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
The COVID-19 pandemic prompted consumers to tap Tractor Supply for key needs both in-store and online, substantially augmenting second quarter sales and earnings.
The Home Depot has released its 2020 Responsibility Report, which outlines the company’s 2019 progress on its corporate responsibility strategic pillars: focus on people, operate sustainably and strengthen communities.
Both The Home Depot and Lowe’s are the latest retailers instituting face mask requirements in stores due to the spread of the coronavirus.
In its efforts to support small businesses, Lowe’s is increasing its minority small business grants from $25 million to $30 million while donating an additional $25 million to its small business grant program with the Local Initiatives Support Corp., doubling the amount already committed.