Lowes

Articles on Lowes

  1. Channel: Home Improvement

Lowe’s Purchases Interior Design and Installation Provider for $1.325 Billion

Lowe’s has entered a definitive agreement to purchase Artisan Design Group (ADG) for $1.325 billion, which the home improvement retailer will finance with cash on hand. The acquisition is expected to close in Q2 2025, subject to customary closing conditions. ADG, which generated approximately $1.8 billion in FY 2024 revenue, provides design, distribution and installation […]
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  1. Channel: Mass

Lowe’s to acquire Artisan Design Group for $1.3B

​[[{“value”:” Dive Brief The deal expands the retailer’s pro offerings and is expected to increase its total addressable market by around $50 billion. Published April 15, 2025 By Tatiana Walk-Morris A Lowe’s storefront in Virginia. The company expects new home construction to be a major driver of pro planned spend for the next decade. Nate […]
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  1. Data & Insights

How are your peers splitting their media budget between traditional and digital channels?

With the increasing prominence of social and retail media, how can advertisers strategically allocate resources between digital channels, optimized for bottom-funnel conversions, and traditional channels, like TV and radio, for building brand equity and awareness at the top of the funnel? It’s been a favorite question among marketing pundits, and the consensus today is that […]
4 min read
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  1. Technology & Innovation

Lowe’s Teams with OpenAI to Develop Agentic AI Assistant for Homeowners

Lowe’s has a new sales associate — Mylow, a conversational AI agent available anywhere, anytime for MyLowe’s loyalty members. Mylow is designed to help customers navigate the many questions that come with owning a home, from project planning to how-to advice to product searches. Developed in collaboration with OpenAI and leveraging Lowe’s expert advice, Mylow […]
2 min read
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  1. Data & Insights

The Evolution of Food Retail: A Seamless Consumer-Centric Approach

  Throughout history, food retail has continuously evolved, adapting to technological innovations and shifting consumer behaviors. From the rise of self-service supermarkets in the early 20th century to the digital transformation of the 21st century, retailers have sought ways to enhance the shopping experience. Today, the latest frontier is a fully integrated food retail ecosystem—one […]
5 min read
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  1. Channel: Home Improvement

Lowe’s Awards $9 Million to Support Skilled Trades Training

Through its Lowe’s Foundation, Lowe’s has made nearly $9 million in Gable Grants to strengthen 15 nonprofits that are helping to prepare new tradespeople for the construction, carpentry, HVAC, plumbing, electrical and appliance repair fields. The Foundation has awarded over $34 million since its founding in 2023. The next application period, for community and technical […]
2 min read
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  1. Shopper & Customer

3 Ways Brands are Harnessing the Value of Marketplaces

Omnichannel is the new reality for brands and retailers of all sizes and product types. Results from Retail TouchPoints’ annual Omnichannel & Fulfillment Survey show that most respondents conduct business through an average of three different channels — and for 35% of them, marketplaces are critical to building brand awareness and driving business growth. In […]
3 min read
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  1. Data & Insights

Retail trends 2025 shaping seamless experiences and unified commerce

As retailers hit the ground running in 2025, the customer experience remains firmly in the spotlight.
3 min read
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  1. Trends & External Forces

Target Joins Roster of Retailers Scaling Back DEI in Effort to ‘Stay in Step with Evolving External Landscape’

Target has joined the growing list of companies and institutions, including the federal government, pulling back on a number of its diversity, equity and inclusion (DEI) initiatives. Target didn’t call the move a “pullback”; instead the retailer’s announcement was carefully framed to indicate that it was simply wrapping up a number of ongoing efforts and […]
2 min read
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  1. Technology & Innovation

AI Successes from L’Oréal, Lowe’s and Walmart Bring Context to the AI Conversation

Artificial intelligence (AI) has been a headline topic at the National Retail Federation’s annual Big Show, and NVIDIA is undoubtedly one of the companies leading the industry’s innovation in this sector. Typically known for its Graphics Processing Units (GPUs), which power breakthrough technologies for companies like Meta and Open AI, NVIDIA is now staking a […]
4 min read
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  1. Technology & Innovation

Including Simbe, Whatnot, bpost, and DoorDash: this week’s biggest retail technology stories

2025 is up and running, it’s nearly the weekend, so let’s kick back and reflect on another eventful week for the retail systems space. Here’s your briefing on the most important stories from the past few days, including N Brown Group, Akeneo, Ibotta, PittaRosso, Scarpe&Scarpe, Impact Analytics, Dentsu, Differin, and Dubit. 1. N Brown wraps […]
7 min read
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  1. Channel: Delivery

DoorDash Adds Five Below, David’s Bridal to Retailer Portfolio

DoorDash will offer on-demand delivery from Five Below, David’s Bridal and Sports Basement just in time for holiday shopping. The platform has been adding a wide range of retailers to its portfolio throughout the past year, including Vitamin Shoppe, JD Sports, Camping World, Lowe’s, H Mart, Aveda and Mattress Firm. Starbucks incorporated a DoorDash delivery […]
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  1. Technology & Innovation

How Lowe’s Has Prioritized its Tech and Innovation Strategy

Lowe’s Innovation Labs imagines, explores and accelerates the future of home improvement through the lens of emerging technology. Josh Shabtai, senior director of ecosystem at Lowe’s Innovation Labs, spoke at Total Retail Tech earlier this fall to detail the work he and his team are doing to build innovative technologies that improve the experiences of […]
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  1. Channel: Mass

Walmart Joins Growing List of Brands Backtracking on DEI Initiatives

Walmart, the world’s largest retailer, is rolling back a number of its diversity, equity and inclusion (DEI) initiatives, multiple sources report. The backtrack is wide-ranging and includes: A decision not to renew the operation of an equity racial center set up in 2020; Pulling out of the Human Rights Campaign’s LGBTQ+ rights index; No longer […]
2 min read
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  1. Trends & External Forces

Lowe’s prepping for ‘what may be coming from the administration’ on tariffs

​[[{“value”:” Dive Brief The retailer said it diversified its supply chain after Trump’s first tariffs, but that 40% of its assortment is sourced abroad and more levies would add costs. Published Nov. 19, 2024 A Lowe’s storefront. The retailer reported that Q3 net sales fell 1.5% to $20.2 billion. Courtesy of Lowe’s “}]] 
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  1. Technology & Innovation

2024 RTIH retail technology awards: Most Promising Innovation finalists include Snapchat and i love it

We’re pleased to announce the shortlist for the 2024 RTIH Awards Most Promising Innovation category. We received a record number of submissions this year across 20+ categories and many fantastic examples of the continued resilience and dynamism of the retail space during hugely challenging times. It’s now over to our judging panel who will decide […]
2 min read
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  1. Channel: Home Improvement

Lowe’s Debuts Digital Home Platform for Loyalty Program Members

Lowe’s has introduced a Digital Home Platform that offers members of the retailer’s MyLowe’sRewards program free, personalized information about the products in their homes — including warranties, manuals, maintenance guidelines, how-to content, recommended subscriptions and replacement parts. While the platform’s initial launch focuses on home appliances, the retailer is planning to eventually expand it to […]
2 min read
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  1. Channel: Grocery

DoorDash Expands Wegmans Delivery Partnership, Adds Regional Grocery Favorites

DoorDash kicked off its expanded partnership with Wegmans Food Markets by offering on-demand delivery from the supermarket’s Maryland stores, with Wegmans locations in Virginia, North Carolina, New Jersey, Delaware and upstate New York available in the coming days and more stores to follow. DoorDash already had been providing delivery of ready-made meals from Wegmans Meals2Go, […]
2 min read
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  1. Channel: Drug
  2. Department: HBC
  3. Acquisitions, Divestitures & Mergers
  4. Corporate Strategy
  5. Corporate Finance
  6. Media & Marketing
  7. Retailer Media
  8. Retail Ecosystem
  9. Shopper & Customer
  10. Trends & External Forces
  11. Retail Operations
  12. Associates & Employees
  13. Stores & Formats

Walgreens Agrees to $10B Sycamore Partners Acquisition

Walgreens Boots Alliance (WBA) has finalized a deal with private equity firm Sycamore Partners to take the company private after being in the stock market for nearly 100 years. Sycamore will pay $11.45 per share in cash for the Walgreens business, according to a company announcement. Shareholders can receive up to $3 more per share […]
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