Lowe's is kicking off its annual Hometowns program, which is focused on revitalizing communities nationwide. Since its launch, the program has impacted over 2.5 million people.
Analysts at the Telsey Advisory Group downgraded Lowe’s and Home Depot stock amid a housing market that is weakened by falling home sales and mortgage increases.
The U.S. Consumer Product Safety Commission has announced a recall of Frigidaire products including certain washer-dryer combination units, as they are potentially fire hazards.
The Lowe's Foundation has committed to donating $50 million over the next five years to combat a shortage of people going into skilled trades careers.
Lowe's Innovation Labs has developed a proof-of-concept system called Project Unlock, which is geared towards tackling the ongoing issue of organized retail crime.
Lowe's CEO Marvin Ellison said that physical stores are the "biggest central competitive advantage" that retail companies can have in today's environment.
Lowe's CEO Marvin Ellison issued a positive outlook for 2023 saying that although there may be some economic slowdown, he doesn't believe there is going to be 'a big, massive recession.'
Several major retailers are closing their doors this Thanksgiving to give their workers some time off. However, a handful of companies will be open for limited hours.
Tuesday will see the release of key economic reports to help investors gauge the US economy, including the release of October's Producer Price Index.
Lowe's, which became the first home improvement retailer to partner with Instacart, is expanding its same-day delivery service nationwide just before the holidays.
Companies and institutions are helping Americans battle surging prices by offering employees' bonuses or doling out special promotions or discounts for customers.
A Lowe's spokesperson told FOX Business that the "Winning Together" profit-sharing bonus will be paid to front-line store, supply chain and contact center associates in the U.S. on Sept. 9.
Lowe's same-store sales decreased 0.3% in the second quarter, compared with analysts' average estimate of a 2.4% increase, according to Refinitiv IBES data.
Lowe's said consumers will be able to visualize projects they are working on in the metaverse, but noted that metaverse users are mostly younger than Lowe's shoppers.
Americans hunkered down during the lockdowns engaged in more do-it-yourself (DIY) home projects, lifting sales of paint and building materials at Lowe's and bigger rival Home Depot in 2020.
Lowe's and Instacart announced their partnership Wednesday, which will first focus on delivering items in as fast as one hour in two markets before expanding to other areas in the coming months.
U.S. home improvement chain Lowe's Cos Inc lifted its full-year sales and profit forecast on Wednesday, as home improvement retailers benefit from resilient demand for tools and building materials.
Major corporations found themselves in hot water during 2021 as whistleblowers revealed what they claimed were employee training sessions steeped in critical race theory.
Many residents, specifically in Kentucky, could be without heat, water or electricity in frigid temperatures for weeks or longer, officials warned.
The recalaled playsets can be described as having a solid wood roof with a lookout window, slides, swings, a rock-climbing wall and other play features.