All Lowe’s articles

Lowe’s is the second-largest home improvement chain in the US – and the world – behind rival The Home Depot. The retailer also serves the Canadian market, under both the Lowe’s and Rona brands, but ceased its Mexican operations in 2019 after profits slid while the market soared. Lowe’s operates around 2,000 locations across its territories, with the majority being of the big-box variety. The business has been in turnaround since 2018, with a particular focus on improving its ecommerce capabilities and unlocking omnichannel benefits, as competitors offer a far more modern experience and better service levels for higher-value professional customers.

  • Lowe’s robot shop assistant

    Video: Lowe’s to introduce robot staff to transform customer experience


    US home improvement giant Lowe’s has developed robot shop assistants that it is piloting in one of its hardware stores.

  • News

    Lowe’s aims to acquire Canadian competitor


    Home improvement retailer Lowe’s aims to acquire Canadian competitor Rona for C$1.8bn (£1.15bn).Rona has already publicly rejected the offer stating that “it is not in the best interest of the company and its stakeholders” and that it would prefer to remain focused on executing its business plan.Rona is implementing its ...

  • News

    Lowe’s uses Vitrue to link Pinterest and Facebook pages


    Lowe’s has linked its Pinterest presence to its Facebook page through a new tool from social marketing firm Vitrue, it has been reported.A custom Pinterest tab on the Lowe’s Facebook page automatically pulls content and activity from its Pinterest site.Fans can see the home improvement chain’s various Pinterest boards, become ...

  • News

    Lowe’s acquires online retailer ATG Stores


    Home improvement retailer Lowe’s has acquired ATG Stores, an online retailer of home enhancement and lifestyle products based in Washington. Lowe’s said the deal allowed it to capitalise on complementary strengths and employees’ expertise by sharing best practices for online marketing and merchandising.“The addition of ATG Stores is a strategic ...

  • News

    Joint venture between Woolworths and Lowe’s opens


    Woolworths and US DIY retailer Lowe’s have opened their first store in Melbourne, Australia. The joint venture is a 145,315 sq ft hardware warehouse, and is the result of three years of planning. The store represents Lowe’s first foray outside North America and is the first joint venture of this ...

  • News

    Lowe’s opens first store in Mexico


    US-based home improvement chain Lowe’s has opened its first store in Mexico, in the northern industrial city of Monterrey.The retailer has made a $100m (£61.6m) investment in the Latin American country and plans to open five stores in the Monterrey area over the next few years.

  • News

    Woolworths and Lowe’s win final approval to jointly set up hardware stores in Australia


    Woolworths and Lowe’s, the US’s second largest home improvement chain, have won final approval to jointly set up big hardware stores in Australia, acquiring domestic hardware wholesaler Danks Holdings to act as their supplier.The Australian Competition and Consumer Commission said it allowed the takeover to go ahead after Woolworths and ...

  • lowes 16x9

    Lowe’s curtails expansion as it braces for tough 2010


    DIY retailer Lowe’s has followed in the footsteps of rival Home Depot by scaling back its expansion plans.

  • News

    Woolworths-Lowe’s deal signals lift for Australia


    Woolworths Australia this week announced plans to move into the DIY sector with a joint venture with Lowe’s, America’s second-largest home improvement chain.

  • Lowe's

    Lowe’s makes first international move with Woolworths Australia


    Lowe’s, America’s second biggest DIY chain, is making its first international move through a joint venture with Australia’s Woolworths.

  • News

    Lowe’s and Home Depot hit as consumer downturn bites


    The steep fall in consumer spending battered fourth-quarter profits at Home Depot and Lowe’s, the world’s two biggest home improvement retailers.

  • News

    Lowe’s to spend $7bn on aggressive growth push


    Lowe’s is to invest nearly US$7 billion (£3.81 billion) in the next two years to expand and upgrade its store portfolio to compete harder against market leader Home Depot.