Lowes

Retail
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.

Retail
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.

Executive Profile
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.

Retail
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.

Retail
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.

Retail Champions
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.

Retail
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.

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