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Lowe's

  • Lowe’s CEO pay drops 24%

    Mooresville, N.C. – Reduced stock awards and incentives resulted in a roughly 24% pay cut for Robert Niblock, president, chairman and CEO of Lowe’s Companies Inc., in 2014. In an SEC filing, Lowe’s reported that Niblock’s total compensation in 2014 came to $14.3 million, compared to $18.7 million in 2013.
      Niblock’s base salary grew 5% to $1.3 million from $1.2 million. However, Niblock’s stock awards fell to $5.8 million from $9.8 million, and other incentives decreased, as well.

  • Lowe’s rolls out KeyMe digital key kiosks

    Mooresville, N.C. – Lowe’s Companies Inc. may have found the key to customer self-service. The DIY giant is rolling out new retail kiosks from KeyMe at select locations.  

    The kiosks enable customers to safely store a “digital copy” of their keys in the cloud and create a spare copy at their local Lowe’s in under 30 seconds. The new kiosks will be able to copy car keys, both with transponder chips and those without. This is the first time car keys have ever been able to be copied at a self-service kiosk.

  • Lowe's raises walls with a six-time NASCAR winner

    The decade-old team effort between Lowe's and Habitat for Humanity was on display again this month in Las Vegas, but this time, a six-time NASCAR Sprint Cup champion joined the team as well.

    Jimmie Johnson worked together with Lowe’s employee volunteers and other volunteers from Habitat for Humanity Las Vegas to raise the walls of a new home at Las Vegas Motor Speedway during the Kobalt 400 race weekend.

  • Supply and demand

    Lowe’s, Home Hardware align supply chain with consumer demand

  • ECRM: Retail circular advertising trends, February 2015

    ECRM compared retail circular advertising in February 2014 vs. February 2015 and noted trends occurring across top retail chains.

  • Lowe's Q4 sales, earnings up

    Mooresville, N.C. -- Lowe's Cos. reported net earnings of $450 million for the fourth quarter ended Jan. 30, a 47.0% increase over the year-ago period. Sales for the quarter increased 7.6% to $12.5 billion, up from $11.7 billion in the year-ago quarter.

  • Lowe’s Canada to open 25 new stores

    Toronto – Lowe’s Canada plans to open 25 new stores in Canada during the next three years. This includes three new stores set to open later this year in Lethbridge, Saskatoon and Sault Ste. Marie

  • RILA adds more firepower to board

    (L-R) Target's Brian Cornell and Walgreens' Alexander Gourlay

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