Lowe's drops some DEI policies, latest American company to do so: memo
Home improvement retail chain Lowe's is reportedly ending multiple diversity, equity, and inclusion initiatives and altering other representation-focused parts of its corporate programming.
Lowe's, Metallica team up to bolster skilled labor workforce
For the first time, Lowe's Foundation is partnering with heavy metal band Metallica and its foundation, All Within My Hands, to bolster skilled trades jobs.
Lowe's accepting nominations for nationwide revitalization projects
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.
Home Depot, Lowe's stock downgraded on housing headwinds
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.
Frigidaire recalls washer-dryer combination units citing fire risk
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.
Lowe's Foundation invests $50M to address 'critical' tradespeople worker shortage
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 pioneers system to solve organized retail crime
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: Physical stores are 'biggest central competitive advantage' in retail
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 doesn't see US slipping into 'massive recession or economic downturn'
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.'
Thanksgiving hours: Stores that will be open, closed
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.
Retailer earnings, economic reports, reviewing last week's markets and more: Monday's 5 things to know
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 expands Instacart same-day delivery service nationwide
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.
High inflation prompts employee bonuses, deals for customers
Companies and institutions are helping Americans battle surging prices by offering employees' bonuses or doling out special promotions or discounts for customers.
Lowe's helping hourly front-line employees fight inflation with $55M in quarterly bonuses
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 posts surprise drop in comparable sales on slowing demand
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 enters metaverse with tool to help consumers visualize projects
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.
Lowe's sales disappoint as late spring hurts seasonal demand
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 becomes Instacart's first home retail partner
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.
Lowe's raises full-year forecast as home improvement demand holds steady
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 had 'woke' trainings exposed in 2021
Major corporations found themselves in hot water during 2021 as whistleblowers revealed what they claimed were employee training sessions steeped in critical race theory.