Citing a challenging do-it-yourself market facing macroeconomic headwinds, Lowe’s Cos. beat a second-quarter earnings forecast despite a decline in comparable sales during the period. Net earnings were $2.38 billion, or $4.17 per diluted share, versus $2.67 billion,...
Although e-commerce gets a lot of attention, particularly now as brick-and-mortar-based retailers leverage the online part of their businesses to compete with Amazon and its Prime Day summer promotion, many major retailers remain committed to significant and long-term...
Among worldwide banners in a Kantar study of brand value, Amazon came in as the leading retailer, and The Home Depot beat out Walmart to complete the top three retailers. In the Kantar BrandZ Most Valuable Global Brands Report 2024, Costco and Lowe’s followed to fill...
The Lowe’s Cos. has promoted Jennifer Wilson to senior vice president, chief marketing officer. Wilson previously was senior vice president, enterprise brand and marketing. In her expanded role, Wilson will oversee strategic brand and product marketing, loyalty...
Customers at select Lowe’s Cos. stores will have an opportunity to engage with an in-store Apple Vision Pro-powered kitchen design experience as part of a pilot set to launch in three test markets later this month. First tested beginning in February, the company has...