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Lowe's

  • Lowe's steps it up in Canada with RONA purchase

    Lowe's is making major moves in Canada with the $2.3 billion purchase of RONA Inc., a Canadian home improvement retailer and distributor.

    Lowe's had previously made an unsolicited bid on the company more than three years ago, but the substantially higher offer this time around was accepted by Rona's board.

  • Cracker Barrel CEO joins Lowe's board

    Lowe's has added a retail veteran to its board of directors who serves on the boards of Dollar General and Books-A-Million.

    Lowe's announced that Sandra B. Cochran, 57, has been appointed to its board of directors, effective immediately. The announcement brings Lowe's board of directors to 13 members, 12 of whom are independent.

  • Discounts few and far between on big retail weekend

    It’s no wonder so many shoppers were not impressed with some of the big holiday deals being offered by big retailers this past week.

  • Study: Black Friday, Cyber Monday discounts minimal, fleeting on most popular sites

    It’s no wonder so many shoppers were not impressed with some of the big holiday deals being offered by big retailers this past week.

    Amazon, Walmart, Target, and Jet did not heavily discount most popular products and prices actually increased in key categories after Black Friday, cementing a perception that the two celebrated shopping days are waning in importance, according to research from Boomerang Commerce, which aggregated and analyzed online price discounts and price perception for 1,000 popular products sold by Walmart, Target, Amazon and Jet.

  • Health insurance executive joins Lowe's board

    Lowe's has appointed an executive of the health insurance industry to its board of directors.

    The retailer said that its board of directors has appointed Bertram L. Scott, 65, to the board, effective immediately. The announcement brings Lowe's board of directors to 12 members, 11 of whom are independent.

  • Expansion takes root at Orchard Supply Hardware

    Orchard Supply Hardware is still marching toward its expansion goal of 100 stores and $1 billion in sales by 2017. And the San Jose, California-based retailer with deep Golden State roots has learned a thing or two during its journey, according to president Bob Tellier.

    The 76-store chain is actively upgrading its fleet into a shopper-friendly "neighborhood format" while finding a comfortable home in various urban locations.

  • BIG USA, RED Development add five properties to recently launched joint venture

    Phoenix -- BIG Shopping Centers USA and RED Development announced the addition of five retail assets totaling nearly 1.5 million sq. ft. in Arizona, Nebraska and Wisconsin to their recently launched joint venture BIG RED Portfolio.

    The joint venture was launched in late 2014 with the acquisition of Camelback Colonnade in Phoenix. With the recent acquisition the portfolio now consists of nine retail assets totaling nearly three million sq. ft. in three states.

  • Lowe’s smartens Iris strategy

    Lowe’s Companies Inc. is trying to make its Iris smart home solution more accessible. The home improvement retailer is the newest participant member of the ZigBee Alliance.

    Launched in July 2012, Iris by Lowe’s is a smart home solution created to monitor and control virtually everything in the home anytime, anywhere. Lowe’s is the most recent of 450 members currently working to develop and promote ZigBee Internet of Things (IoT) standards.

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