Lowe’s to sell $1.50 billion of 3.100% Notes due 2027 and $1.50 billion of 4.050% Notes due 2047

MOORESVILLE, N.C., 2017-Apr-20 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) announced today it has agreed to sell $1.50 billion of 3.100% Notes due 2027 and $1.50 billion of 4.050% Notes due 2047 (collectively, the “Notes”). Estimated net proceeds from this offering will be approximately $2.96 billion, after deducting offering expenses and underwriters’ discounts. […]

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A. O. Smith Signature Series water heaters now available exclusively at Lowe’s stores and online

MOORESVILLE, N.C., 2017-Apr-20 — /EPR Retail News/ — Lowe’s announced today the introduction of A. O. Smith Signature Series water heaters now available exclusively at Lowe’s stores nationwide and online at Lowes.com. The Signature Series line of water heaters manufactured by A. O. Smith, the leading brand in the residential water heating market, will consist of […]

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Lowe’s Canada introduces on-demand virtual reality skills clinic — Holoroom How To

Preliminary studies by Lowe’s Innovation Labs reveal multi-sensory virtual reality can increase engagement and retention in home improvement education Boucherville (Québec), 2017-Apr-04 — /EPR Retail News/ — Lowe’s Canada is proud to introduce Holoroom How To, an on-demand virtual reality skills clinic and the latest iteration of Lowe’s Innovation Labs’ Holoroom experience, their immersive design […]

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Augmented Reality Used in Lowe’s In-Store Navigation App

MOORESVILLE, N.C., 2017-Mar-27 — /EPR Retail News/ — Lowe’s announced today (March 23, 2017) the launch of its Lowe’s Vision: In-Store Navigation app, the first retail application of indoor mapping using augmented reality. Leveraging Google’s augmented reality technology Tango, the app is designed to simplify the home improvement shopping experience. Beginning in April, customers visiting stores […]

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Lowe’s introduces Holoroom How To, an on-demand virtual reality skills clinic

Lowe’s introduces Holoroom How To, an on-demand virtual reality skills clinic   MOORESVILLE, N.C., 2017-Mar-09 — /EPR Retail News/ — Today (March 7, 2017), Lowe’s introduces Holoroom How To, an on-demand virtual reality skills clinic and the latest iteration of Lowe’s Innovation Labs’ Holoroom experience, their immersive design and visualization tool. Debuting at select store locations […]

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Lowe’s Achieves Strong Fourth Quarter Results

MOORESVILLE, N.C., 2017-Mar-07 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today (March 1, 2017) reported net earnings of $663 million and diluted earnings per share of $0.74 for the quarter ended February 3, 2017 compared to net earnings of $11 million and diluted earnings per share of $0.01 in the fourth quarter […]

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Lowe’s hiring 1,700 full-time employees to fill new customer support and central production office positions

MOORESVILLE, N.C., 2017-Feb-17 — /EPR Retail News/ — Each week, Lowe’s Companies, Inc. (NYSE: LOW) serves more than 17 million customers in stores, online, on the phone, in customers’ homes and on the jobsite. To continue helping customers wherever – and whenever – they need support, the company is hiring 1,700 full-time employees between now and […]

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Lowe’s announces the promotion of Marshall A. Croom as chief financial officer

Lowe’s announces the promotion of Marshall A. Croom as chief financial officer   MOORESVILLE, N.C., 2017-Jan-23 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today (January 17, 2017) announced that Marshall A. Croom, a 20-year Lowe’s veteran, has been promoted to the position of chief financial officer, effective March 3. Croom succeeds Robert F. […]

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Lowe’s and Habitat for Humanity worked together to build 1,000 homes for families across the U.S. in 2016

  FORT WORTH, Texas, 2016-Dec-09 — /EPR Retail News/ — This holiday season will be particularly special for more than 1,000 families, many of whom will – for the first time – be able to create memories in their own homes. Throughout 2016, longtime partners Lowe’s and Habitat for Humanity have worked toward a yearlong […]

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Lowe’s announces completion of previously announced acquisition of RONA inc.’s Preferred Shares

MOORESVILLE, N.C. and BOUCHERVILLE, Quebec, 2016-Nov-21 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) (“Lowe’s” or the “Company”) today (Nov. 18, 2016) announced it has completed its previously announced acquisition of RONA inc.’s (“RONA”) Cumulative 5-Year Rate Reset Series 6 Class A Preferred Shares and Cumulative Floating Rate Series 7 Class A Preferred Shares […]

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Lowe’s launches SmartSpot powered by b8ta in stores for customers to explore connected devices to better manage their homes

MOORESVILLE, N.C., 2016-Nov-21 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) customers in select markets can now shop a unique store-within-a-store concept to explore connected devices to better manage their homes. The “SmartSpot powered by b8ta” retail experience, an innovative collaboration with software-powered retailer b8ta, demystifies and simplifies the purchasing process for customers. SmartSpot […]

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Lowe’s launches new way for customers visualize a completed home improvement project

MOORESVILLE, N.C., 2016-Nov-07 — /EPR Retail News/ — Lowe’s is giving home improvement customers an entirely new way to see their homes through Lowe’s Vision, one of the first applications using Tango, a Google technology that enables computer vision software on your phone for augmented reality experiences. Using the app and the Lenovo Phab 2 Pro, […]

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Lowe’s supports communities impacted by Hurricane Matthew with $500,000 donation to American Red Cross Disaster Relief

MOORESVILLE, N.C., 2016-Oct-10 — /EPR Retail News/ — As Hurricane Matthew continues to impact millions in the U.S., forcing thousands to seek emergency shelter, Lowe’s announced today it will donate $500,000 to American Red Cross Disaster Relief to help people affected by disasters like hurricanes, floods and countless other crises. Lowe’s is working with its […]

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Open House: Lowe’s launches its first digital platform dedicated to taking people behind the brand

MOORESVILLE, N.C., 2016-Oct-03 — /EPR Retail News/ — As a company driven to help people love where they live, Lowe’s plays a part in millions of people’s stories every day. To bring those stories to the communities we serve, today (September 27, 2016) Lowe’s launched Open House, an interactive newsroom and the company’s first digital platform dedicated […]

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Lowe’s supports Smithsonian’s National Museum of African American History and Culture with $1 million donation

MOORESVILLE, N.C., 2016-Sep-26 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today (Sept. 23, 2016) announced a $1 million donation to the Smithsonian’s National Museum of African American History and Culture. The gift will support the museum’s future and help bring thought-provoking exhibitions, artifacts, and education and public programs on the African American experience […]

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Lowe’s to webcast presentation by Robert Niblock and Bob Hull at the Goldman Sachs 23rd Annual Global Retailing Conference

MOORESVILLE, N.C., 2016-Sep-05 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) announces that Robert A. Niblock, chairman, president, and chief executive officer, and Robert F. Hull, Jr., chief financial officer, will present at the Goldman Sachs 23rd Annual Global Retailing Conference in New York, NY. What: Presentation by Robert Niblock and Bob Hull at […]

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Lowe’s introduces autonomous retail service robot — LoweBot in its San Francisco Bay area stores this fall

Lowe’s introduces autonomous retail service robot — LoweBot in its San Francisco Bay area stores this fall   MOORESVILLE, N.C., 2016-Aug-31 — /EPR Retail News/ — This fall, Lowe’s will introduce LoweBot, a NAVii™ autonomous retail service robot by Fellow Robots, in 11 Lowe’s stores throughout the San Francisco Bay area. Following a successful robotics test […]

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Lowe’s announces $2.5 million initiative through Renovation Across the Nation to renovate 50 Boys & Girls Clubs

Lowe’s announces $2.5 million initiative through Renovation Across the Nation to renovate 50 Boys & Girls Clubs   NEW YORK, 2016-Aug-25 — /EPR Retail News/ — For millions of American kids and teens, back-to-school means more than class time, it also means ‘Club time’ as they spend after school hours at local Boys & Girls Clubs […]

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Lowe’s reports of 3.7 percent net earning increase for quarter ended July 29, 2016 from same period last year

MOORESVILLE, N.C., 2016-Aug-18 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today reported net earnings of $1.2 billion for the quarter ended July 29, 2016, a 3.7 percent increase over the same period a year ago. Diluted earnings per share increased 9.2 percent to $1.31 from $1.20 in the second quarter of 2015. For […]

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Lowe’s announces $500,000 donation to American Red Cross Disaster Relief to help flood victims in Louisiana

Lowe’s announces $500,000 donation to American Red Cross Disaster Relief to help flood victims in Louisiana   MOORESVILLE, N.C., 2016-Aug-18 — /EPR Retail News/ — In response to historic flooding that has swept through Louisiana, Lowe’s announced today it will donate $500,000 to American Red Cross Disaster Relief to help those affected. Lowe’s is working with […]

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Lowe’s announces plans for new direct fulfillment center in Robertson County, Tennessee

NASHVILLE, Tenn., 2016-Aug-02 — /EPR Retail News/ — Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd joined Lowe’s today to announce the company will locate a new direct fulfillment center in Robertson County. The home improvement company expects to invest approximately $100 million and create up to 600 jobs in Coopertown, northwest […]

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Lowe’s launches new series The Weekender on Lowe’s TV app now available on Apple TV

MOORESVILLE, N.C., 2016-Jul-18 — /EPR Retail News/ — DIY and home expert Monica Mangin will star in the new Lowe’s series The Weekender premiering Thursday, July 14, 2016, on the Lowe’s TV app now available on Apple TV. Monica is a mother of four kids and author behind the popular DIY and design blog East Coast […]

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Lowe’s to donate $250,000 to American Red Cross Disaster Relief to help flood victims in West Virginia

MOORESVILLE, N.C., 2016-Jul-08 — /EPR Retail News/ — As recovery continues in West Virginia following devastating flooding, Lowe’s announced today it will donate $250,000 to American Red Cross Disaster Relief to help those affected. Lowe’s is working with its national nonprofit partners to provide both immediate and long-term support to local communities in West Virginia. […]

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Lowe’s to present at the RBC Capital Markets 2016 Consumer & Retail Conference in Boston, MA

MOORESVILLE, N.C., 2016-May-25 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) announces that Robert F. Hull, Jr., chief financial officer, and Michael A. Jones, chief customer officer, will present at the RBC Capital Markets 2016 Consumer & Retail Conference in Boston, MA. What: Presentation by Bob Hull and Mike Jones at the RBC Capital […]

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Lowe’s to present at the UBS Global Consumer Conference in Boston, MA

MOORESVILLE, N.C., 2016-Mar-10 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) announces that Robert A. Niblock, chairman, president and chief executive officer, andRobert F. Hull, Jr., chief financial officer will present at the UBS Global Consumer Conference in Boston, MA. What: Presentation by Robert Niblock and Bob Hull at the UBS Global Consumer Conference […]

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Lowe’s recommends its shareholders reject the unsolicited offer made by the private Canadian investment company TRC Capital Corporation

MOORESVILLE, N.C., 2016-Feb-16 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today announced that it has been notified of an unsolicited “mini-tender” offer datedFebruary 10, 2016, made by TRC Capital Corporation, a private Canadian investment company, to purchase up to 2,000,000 shares of Lowe’s common stock, less than one fourth of one percent of […]

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Lowe’s to becomes Canada’s leading home improvement retailer with the acquisition of RONA inc.

 Transaction valued at C$3.2 billion (US$2.3 billion) Transaction unanimously approved by both companies’ Boards of Directors Agreement is based on compelling strategic rationale for both companies Lowe’s pledges important commitments to RONA’s key Canadian stakeholders Lowe’s to locate its Canadian head office in Boucherville, Quebec; Canadian operations to be headed by  Sylvain Prud’homme, President of […]

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Lowe’s to exit the joint venture with Woolworths Limited in Australia

MOORESVILLE, N.C., 2016-Jan-21 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today announced it has provided notification to Woolworths Limited, its joint venture partner in Australia, of its intent to begin the process of exiting its investment in the joint venture, which operates Masters Home Improvement stores and Home Timber and Hardware Group’s […]

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Lowe’s to offer professional monitoring services for its do-it-yourself Iris smart home solution

MOORESVILLE, N.C., 2016-1-5 — /EPR Retail News/ — Today, Lowe’s announced it will offer professional monitoring services for its do-it-yourself Iris smart home solution.  Lowe’s has partnered with United Central Control, Inc. (UCC), a U.L-listed, Five Diamond-rated central monitoring station, to offer the new service. UCC has been providing world class monitoring services for over […]

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Lowe’s redesigned DIY smart home solution Iris offers families the chance to prove Santa paid them a visit

MOORESVILLE, N.C., 2015-12-10 — /EPR Retail News/ — This holiday season, Lowe’s invites believers and skeptics alike to sign up for its first-ever Santa Tracker, now available in the new Iris by Lowe’s mobile app. The next generation of Iris, the redesigned DIY smart home solution from Lowe’s, offers families the chance to prove not only […]

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