Lowe’s U.S. home improvement stores progressed in the third quarter, while the retailer said it is undertaking a strategic review to improve its Canadian operations.
This is the ninth installment of a special series, presented by the National Hardware Show, exploring key trends and developments driving the growth of housewares and home goods in the home improvement retail business.
The home improvement retail sector has demonstrated it is well equipped to overcome retail market disruption, including e-commerce pressure and worries of looming economic slowdowns.
Lowe’s is partnering with the National Football League and will carry more than 10,000 licensed NFL-branded items online that are positioned at fans who are tailgating or watching games at home.
The 2019 National Hardware Show in Las Vegas (May 7-9) marks the 14th year for HomeWorld Business as the show’s official housewares publication. The partnership reflects the commitment by the show to keep housewares in the home improvement retailing spotlight.
More than 60 organizations have developed and launched ‘Generation T,’ a movement intended to help fill the skilled trade gap that analysts predict will leave three million jobs open by 2028. The initiative is led by home improvement retailer Lowe’s.
Lowe’s recently discussed its strategic priorities and near- and long-term financial targets at its 2018 analyst and investor conference.