Lowes

Lowe’s Looks to Grow With Pros as Consumer Demand Dwindles
Lowe’s Looks to Grow With Pros as Consumer Demand Dwindles
August 20, 2024  |  Earnings

The home improvement market could use some improvement itself. That’s the latest from Lowe’s Companies Inc. During its second-quarter 2024 earnings call Tuesday (Aug. 20),...

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Doomsday Ready: Costco Aims to Be the Go-To Retailer for Preppers
Doomsday Ready: Costco Aims to Be the Go-To Retailer for Preppers
July 27, 2024  |  Retail

As many consumers look for ways to ease their doomsday anxieties, Costco is positioning itself as the go-to retailer for consumers who are worried about...

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Lowe’s to Pilot In-Store Mixed-Reality Experience for Kitchen Design
Lowe’s to Pilot In-Store Mixed-Reality Experience for Kitchen Design
June 03, 2024  |  Retail

Lowe’s is preparing to bring its Apple Vision Pro-powered kitchen design experience to its brick-and-mortar stores. Initially launched in February for the Apple Vision Pro, which...

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Lowe’s Targets Smaller Pros for Bigger B2B Growth
Lowe’s Targets Smaller Pros for Bigger B2B Growth
May 21, 2024  |  Earnings

The home improvement sector is getting its affairs in order while eyeing a macro improvement. That’s the news from home improvement retailer Lowe’s, which cited softer...

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Millennials Are Home Improvement Retailers’ Best Customers
Millennials Are Home Improvement Retailers’ Best Customers
May 06, 2024  |  Retail

When it comes to home improvement retail, millennials are taking the lead, PYMNTS Intelligence research reveals. By the Numbers The PYMNTS Intelligence report “The Online...

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Shipt Sees Financial Pressure Driving Online Seasonal Sales
Shipt Sees Financial Pressure Driving Online Seasonal Sales
April 03, 2024  |  Retail

As economic pressures continue to constrain consumers’ spending power, Shipt is seeing on-demand delivery shoppers turn to deals and concentrate their engagement around peak times....

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DoorDash Enters Home Improvement Category With Lowe’s Partnership
DoorDash Enters Home Improvement Category With Lowe’s Partnership
April 01, 2024  |  Delivery

DoorDash has entered the home improvement category with a new partnership with Lowe’s. The on-demand delivery aggregator now offers gardening tools, spring cleaning essentials, do-it-yourself...

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Kroger Offloading Specialty Pharmacy Suggests Sometimes Less Is More
Kroger Offloading Specialty Pharmacy Suggests Sometimes Less Is More
March 22, 2024  |  Retail

With Kroger selling off its specialty pharmacy business, it seems that retailers’ efforts to pack more and more into their stores may not always be the right...

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Lowe’s Projects Falling Sales as Consumers Put off Remodeling
Lowe’s Projects Falling Sales as Consumers Put off Remodeling
February 27, 2024  |  Earnings

Consumers are forgoing big-ticket home projects, a fact that is cutting into Lowe’s revenue. The home improvement retailer released earnings Tuesday (Feb. 27) that showed sales for its most...

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