Lowe’s Goes ‘Home’ For The Holidays
Lowe’s said it is giving new meaning to the holiday shopping season by inspiring customers to gift back to the place that has meant so much this year: home.
Lowes
Lowe’s Provides Additional Employee Bonus
Lowe’s will provide an additional $100 million in discretionary bonuses to recognize front-line hourly associates for their continued service and support of their communities, bringing the company’s total commitment to associates and communities during the pandemic to more than $775 million.
Lowe’s To Install Pickup Lockers Nationwide
To continue to improve the contactless delivery experience for customers who are increasingly shopping online, Lowe’s plans to install pickup lockers at all U.S. stores by the end of March 2021.
Lowe’s Home Team To Engage Football Fans
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.
Lowe’s Sets Disaster Relief Donations
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.
Marvin Ellison, Lowe’s
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.
Lowe’s Brings Home Design To New York Fashion Week
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.
Consumer Focus On Home Drives Lowe’s Q2 Sales
A strong do-it-yourself consumer market supported Lowe’s during a robust second quarter.
Lowe’s Expands Supply Chain Network
As part of its supply chain network expansion, Lowe’s will open a West Coast e-commerce fulfillment center in Mira Loma, California, in October 2020, which will offer faster shipping options direct to consumer.
Lowe’s Provides Additional Bonus To Support Employees
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.
Home Depot, Lowe’s Put Face Mask Requirements Into Place
Both The Home Depot and Lowe’s are the latest retailers instituting face mask requirements in stores due to the spread of the coronavirus.
Lowe’s Increases Grants To Minority, Rural Small Businesses
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.
NRF Retail Leadership Webinar Series To Host Lowe’s Ellison
The National Retail Federation will host Lowe’s president and CEO, Marvin Ellison, as its next guest in its Retail Leadership series.
Lowe’s Provides Additional Bonus To Associates
Lowe’s has added $100 million in bonuses to recognize and reward front-line associates for their outstanding contributions, increasing the company’s total commitment to associates and communities during the pandemic to more than $450 million.
Lowe’s Names Little EVP/Human Resources
Lowe’s has named Janice Dupre Little as evp/human resources. Little is a seasoned executive with 15 years of human resources and diversity and inclusion experience.
Placer: Traffic Patterns Point To Pier 1 Customer Shifts
According to Placer.ai, January to May foot traffic cross-shopping patterns over the past three years may provide some indication of who stands to benefit from Pier 1’s demise.
Other Retailers Gain Foothold In Shifting Marketplace
NEW YORK— When Kroger published its “Sharing What We’ve Learned: A Blueprint for Businesses” to help business create safe working environments in the COVID-19 pandemic, the U.S. was simultaneously realizing how great an effect the coronavirus was having on life in the country and beginning to look forward to the end of movement and shopping restrictions that made them radically reconsider how they might purchase everything from food to durable goods such as major appliances.
Lowe’s Increases Support For Small Businesses
As small businesses look to reopen in the coming weeks and months, Lowe’s is making a second $25 million commitment to support ongoing COVID-19 relief, bringing the company’s pandemic support to communities to $50 million.
Lowe’s Comps Surge In Q1
Lowe’s comparable store sales surged during the first quarter, as the home improvement retailer pivoted its operations to address the coronavirus pandemic.
Lowe’s Provides Associate Bonus
Lowe’s is providing a second $80 million special payment to hourly associates in recognition of their efforts. The retailer is also now requiring that all associates wear a face mask when working in its stores or at customers’ homes.