Lowe’s Canada celebrates the opening of the 63rd Lowe’s store in Canada

Boucherville, QC, 2018-Feb-06 — /EPR Retail News/ — Lowe’s Canada opened today (February 1, 2018) its 63rd store under the Lowe’s banner in Canada. Located at 955 St. Albert Trail in St. Albert, Alberta, this new store marks the sixth Lowe’s location in the Greater Edmonton Area. It represents a local investment in excess of $18 million and created 137 new permanent jobs with an additional 30 to 50 seasonal roles.

“We have seen a great response from customers in the Greater Edmonton Area and we are thrilled to open this new Lowe’s location in St. Albert today,” said Guy Beaumier, Executive Vice-President, Lowe’s Big Box Retail. “Lowe’s unique customer experience and extensive product selection are what set us apart and we want to keep growing our network in 2018 to bring our offering to even more DIYers and contractor customers throughout the country.”

The St. Albert Lowe’s store features a retail offering space totaling more than 107,000 square feet, including 86,800 square feet of retail sales space and an adjacent Garden Centre of 21,100 square feet. To meet customers’ every home improvement needs, the store offers 40,000 products in-stock with thousands more available through special order and on Lowes.ca.

A Unique Customer Experience

The new St. Albert Lowe’s will offer a unique and exciting retail experience, including:

• An extensive assortment of top-of-the line appliances, including LG, Samsung, Bosch, Kitchen Aid, Frigidaire, Whirlpool and GE.
• A year-round selection of BBQ’s including top brands such as Weber, Broil King, Char Broil and Master Forge.
• A wide assortment of seasonal products for patio, holidays, Halloween, etc. (i.e. the latest fashion trends in patio, great selection of outdoor heating, etc.)
• A variety of snow blowers, and other outdoor power equipment items in brands such as John Deere, Cub Cadet, Husqavarna, and Lowe’s exclusive Kobalt brand.
• A broad selection of fashion plumbing i.e. tubs, showers, toilets, vanities, sinks and faucets with high profile brands such as Kohler and Grohe.
• An extensive assortment of stylish home and outdoor décor, and home organization products for the house and garage.
• A wide range of building materials, power and hand tools to meet the needs of DIYers and contractors alike.
• Access to more than 100,000 products on www.lowes.ca.

Today, local dignitaries and Lowe’s executives joined employees from the store to celebrate the grand opening with an official board cutting ceremony and community grant presentation. Lowe’s Canada donated $5,000 to the St. Albert Community Information and Volunteer Centre to help them promote volunteering opportunities with local youth.

Grand Opening Events

Grand opening activities for the new store, where customers can enjoy free sessions, giveaways and contests, will continue until Monday. These include:

• Children’s Workshop for families on Saturday, Saturday, February 3 at 10 a.m.
• Interactive autograph signing and Q&A session with HGTV’s Bryan Baeumler on Saturday, February 3, from 10 a.m. to 12 p.m.
• Giveaways including: Sprite shower filter (first 75 customers, Thursday only); Sylvania A19 LED 60-watt light bulb (first 1,000 customers, Friday only); $25 Lowe’s gift card (first 200 customers, Saturday only) and a Bosch 32-pce Tough bit set (first 200 customers, Sunday only).
• Customers can also enter to win 1 of 4 prizes.
• Contractor exclusive VIP event on Monday, February 5 from 12 to 2 p.m. There will be a draw to win 1 of 3 $250 Lowe’s gift cards and contractors can fill out a ballot to win 1 of 4 tool prizes. To register, contractors can call the store at 780.544.5830 and ask to speak with the Contractor Specialist to request an invite.

About Lowe’s Canada

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 17 million customers a week in the United States, Canada and Mexico. With fiscal year 2016 sales of $65.0 billion, Lowe’s and its related businesses operate or service more than 2,370 home improvement and hardware stores and employ over 290,000 people. Based in Boucherville, Quebec, Lowe’s Canadian business, together with its wholly owned subsidiary, RONA inc., operates or services more than 600 corporate and independent affiliate dealer stores in a number of complementary formats under different banners. These include Lowe’s, RONA, Réno-Dépôt, Marcil, Dick’s Lumber and Ace. In Canada, the companies have more than 25,000 employees, in addition to nearly 5,000 employees in the stores of RONA’s independent affiliate dealers. For more information, visit Lowes.ca.

For more information, please contact:

Valérie Gonzalo
Media Relations
Lowe’s Canada – RONA
Tel 514.626.6976
media@rona.ca

Source: Lowe’s Companies, Inc.

• RONA continues to expand with the addition of the 17 Marcil stores
• Marcil customers to have access to an enhanced products and services offering

Boucherville, QC, 2018-Jan-11 — /EPR Retail News/ — Lowe’s Canada announced earlier today (January 9, 2018) that the 17 Marcil stores located in Quebec will be converted to the RONA banner on February 26. This decision furthers Lowe’s Canada’s vision to make RONA the #1 banner in the building centre market (small to medium stores, also known as “proximity stores”) in the country.

“We are committed to RONA and the proximity building center model as one of Lowe’s Canada pillar of growth,” said Serge Éthier, Executive Vice-President of RONA Proximity. “RONA and Marcil operate in the same market segment, have complementary locations, and both serve a large client base of contractors and pros. It was therefore natural to combine the strengths of both banners. This decision will allow us to maximize our products and services offering to Marcil retail and professional customers, while simplifying our operations,” he added.

Starting February 26, consumers who used to shop at Marcil will see the product selection available to them double, going from approximately 20 000 items to more than 40 000 products available in store and on rona.ca. In addition, they will benefit from the introduction of new product categories, such as home appliances and a wide seasonal department, as well as from a transactional website that will not only let them consult the product catalogue and verify store inventory, but also order online and collect their items in store or have them delivered by truck.

“We are happy to fuel RONA’s growth with the addition of these 17 stores and their seasoned teams, and we are impatient to show the Marcil customers the numerous advantages of the RONA banner,” concluded M. Éthier

About RONA
Created in 1939, RONA is a banner of Lowe’s Canada, one of Canada’s leading home improvement company. Spanning the entire country, its vast network of more than 430 stores includes both corporate stores and independent affiliated dealers. Known for its large in-store and online product selection as well as for its installation services, RONA also provides expert support and advice to its retail and pro customers for their building and renovation projects. For more information, visit rona.caor follow us on Twitter, Facebook, and Instagram.

About Lowe’s Canada
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 17 million customers a week in the United States, Canada and Mexico. With fiscal year 2016 sales of $65.0 billion, Lowe’s and its related businesses operate or service more than 2,370 home improvement and hardware stores and employ over 290,000 people. Based in Boucherville, Quebec, Lowe’s Canadian business, together with its wholly owned subsidiary, RONA inc., operates or services more than 600 corporate and independent affiliate dealer stores in a number of complementary formats under different banners. These include Lowe’s, RONA, Réno-Dépôt, Marcil, Dick’s Lumber and Ace. In Canada, the companies have more than 25,000 employees, in addition to nearly 5,000 employees in the stores of RONA’s independent affiliate dealers. For more information, visit Lowes.ca.

For more information, please contact:

Valérie Gonzalo
Media Relations
Lowe’s Canada – RONA
514.626.6976
media@rona.ca

Source: Lowe’s Companies, Inc.

Amit Goyal, Overstock.com’s SVP of software engineering, chairs VRARA’s global retail and e-commerce committee and forms the Association’s Utah chapter

SALT LAKE CITY, 2018-Jan-11 — /EPR Retail News/ — Months after Overstock.com, Inc. (NASDAQ:OSTK) announced the launch of its augmented reality (AR) feature within its iOS shopping app, the organization’s senior vice president of software engineering, Amit Goyal, was named as the chair to VR/AR Association (VRARA)’s global retail and e-commerce committee. Along with Goyal’s responsibility as chair, he will serve as president of the newly formed Utah chapter, growing VRARA to 51 global chapters, 19 of which are located in the U.S.

“We’re thrilled to have Amit Goyal join VRARA and chair our retail and eCommerce committee,” said Kris Kolo, Global Executive Director of the VR/AR Association. “His retail industry expertise and insight from building Overstock’s shopping app and AR function marks a crucial addition to VRARA’s growth.”

The award-winning iOS shopping app allows shoppers to view how products, like furniture, rugs, décor and other home goods, fit in their home using a smart phone or tablet with iOS11. With true-to-life-size 3D models in the highest resolution, shoppers have an accurate representation of the product directly in their home or office.

“Augmented reality is changing the way people shop,” said Goyal. “At Overstock, we focus on price, assortment and convenience, and our augmented reality feature brings an innovative convenience to shoppers. It’s important for our customers to see how these products will fit with their décor or simply if it will fit in their living rooms. So, we have invested significant resources to insure we are at the leading edge of AR and we’re proud to bring what we’ve learned and achieved to VRARA.”

Comprised of almost 4,000 companies, VRARA is an international organization designed to foster collaboration between innovative companies and people in the virtual reality and augmented reality ecosystem that accelerates growth, fosters research and education, helps develop industry standards, connects member organizations and promotes the services of member companies.

The new AR app feature is currently available on the iOS version of the retailer’s shopping app, and utilizes Apple’s ARKit, which was included in the iOS 11 operating system update. Android app AR functionality featuring Google’s new ARCore technology will follow when that operating system is released.

Overstock’s highly-rated shopping app has been awarded five consecutive Mobile App Awards from the Mobile Web Association. The app is available for download from both the App Store and Google Play.

The VR/AR Association is hosting the biggest VR AR online event from January 16 to 29, 2018 with more than 65 speakers, 3000 RSVPs and 10 symposiums focused on education, enterprise, storytelling, retail, AEC, marketing, advertising, webVR and arcades/LBE/Haptics. You can hear from Goyal on January 18 on VR and AR in retail. For more information on the conference, visit www.thevrara.com/events

About Overstock.com

Overstock.com, Inc. Common Shares (NASDAQ:OSTK) / Series A Preferred (Medici Ventures’ tZERO platform: OSTKP) / Series B Preferred (OTCQX:OSTBP) is an online retailer based in Salt Lake City, Utah that sells a broad range of products at low prices, including furniture, décor, rugs, bedding, and home improvement. In addition to home goods, Overstock.com offers a variety of products including jewelry, electronics, apparel, and more, as well as a marketplace providing customers access to hundreds of thousands of products from third-party sellers. Additional stores include Pet Adoptions and Worldstock.com dedicated to selling artisan-crafted products from around the world. Forbes ranked Overstock in its list of the Top 100 Most Trustworthy Companies in 2014. Overstock regularly posts information about the company and other related matters under Investor Relations on its website, http://www.overstock.com.

O, Overstock.com, O.com, Club O, Main Street Revolution, and Worldstock are registered trademarks of Overstock.com, Inc. O.biz and Space Shift are also trademarks of Overstock.com, Inc. Other service marks, trademarks and trade names which may be referred to herein are the property of their respective owners.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include all statements other than statements of historical fact. Additional information regarding factors that could materially affect results and the accuracy of the forward-looking statements contained herein may be found in the Company’s Form 10-Q for the quarter ended September 30, 2017, which was filed with the SEC on November 8, 2017, and any subsequent filings with the SEC.

Media Contact:
pr@overstock.com

Kris Kolo, VRAR Association (VRARA)
kris@thevrara.com

Investor Contact:
ir@overstock.com

SOURCE: Overstock.com, Inc./globenewswire