Lowes

Articles on Lowes

  1. Channel: Home Improvement
The other day we took note of an Associated Press report that “a coalition of consumer groups is asking grocery chains to rethink their digital-only coupons, saying the deals discriminate against people who don’t have smartphones or reliable internet access.” The argument, as advanced by Edgar Dworsky, a consumer advocate and former assistant attorney general […]
  1. Shopper & Customer
Retail media networks (RMNs) have been dominating the e-commerce conversation as retailers look for new revenue streams amid increasing margin pressure, inflation and ongoing supply chain challenges. These networks serve as a kind of digital end-cap display for brands, giving them a way to optimally position their products on a website for easy discovery — […]
  1. Shopper & Customer
Much of the conversation about how marketers can collect, harness and effectively use zero-party data focuses on brands, which struggle to gather it, or information consumers proactively provide, because businesses rarely maintain direct relationships with customers at scale. Retailers face an entirely different challenge: an abundance of consumer touchpoints and a massive amount of data […]
  1. Channel: Home Improvement
Lowe’s has entered into a definitive agreement to sell its Canadian retail business to Sycamore Partners for $400 million in cash plus a performance-based deferred consideration. The business, which is based in Boucherville, Quebec, operates approximately 450 corporate and independent affiliate dealer stores under several different formats and banners, including RONA, Lowe’s Canada, Réno-Dépôt and […]
  1. Channel: Restaurants
A growing number of companies including Amazon, Chipotle, Lowe’s, Macy’s and Target are offering free college tuition as a perk of employment. Daniella Malave began working for Chipotle at 17 and now the 24-year-old works as a recruiting analyst for the chain in New Jersey. Ms. Malave graduated with a degree in business management from […]
  1. Retailer Media
Lowe’s has teamed up with Yahoo to power off-site media experiences for brands advertising through the Lowe’s One Roof Media Network. The new partnership is just the latest example of the maturation of the retail media model, which until recently has been dominated by fairly basic website-based offerings such as sponsored search, display ads and […]
  1. Data & Insights
Last Friday, RETHINK Retail hosted their September Small Groups Mixer, a monthly virtual event catered to all of 2022’s Top Retail Influencers (TRI). This month attendees discussed a range of topics including the Upcoming Holiday Season, Inventory Management, and CPG companies & their DTC approach. During the mixer, one topic that was discussed at length […]
  1. Corporate Finance
Amazon has launched Amazon Catalytic Capital, an initiative that will invest $150 million in venture capital funds, accelerators, incubators and venture studios that provide funding to entrepreneurs from underrepresented backgrounds, primarily at the pre-seed/seed stage of venture capital funding. The company will invest in funds that focus on Black, Latino, Indigenous, women, and LGBTQIA+ founders […]
  1. Technology & Innovation
RTIH rounds up the stand out retail systems deals, deployments and pilots from September, including Walmart, Amazon’s Just Walk Out technology, Kwik Trip, Marks & Spencer, Currys, Boots, Lowe’s, Ikea, and Aldi. Lowe’s is tapping NVIDIA Omniverse Enterprise to create interactive store digital twins in Mill Creek, Wash,. and Charlotte, N.C. “We are always looking […]
  1. Shopper & Customer
Marketing is often first on the chopping block during a recession, and with GDP contracting two quarters in a row, retail marketers are working hard to determine how to make each dollar go further. Many organizations will cut marketing spend in a bid to preserve margins. But research shows slashing marketing programs can undermine revenue […]
  1. Media & Marketing
Next has hired Duncan Robson as Chief IT Architect. He joins from IBM where he spent almost 30 years, taking on such roles as Retail CTO for IBM UK and Executive IT Architect for the Distribution Industry and IBM TCG Chair. In a LinkedIn post, dated 20th September, Robson said: “Today was my first day […]
  1. Media & Marketing
Rapid grocery delivery service Getir is giving away free milk in the UK amidst the cost of living crisis.  The company says that, in supermarkets, it is cheaper to buy milk in bigger quantities, but it may not be practical for those living alone, the elderly and those who do not use a lot of […]
  1. Technology & Innovation
Home improvement retailer Lowe’s has unveiled its interactive retail digital twin in two stores and will open its virtual 3D product catalog to populate this new technology in the coming weeks. Lowe’s digital twin is powered by the NVIDIA Omniverse Enterprise, which allows associates to engage with a store’s digital data to optimize operations and […]
  1. Data & Insights
Although both sales and prices of homes have dropped to a two-year low, the home improvement category has managed to still drive positive growth. After a brief dip in YoY home improvement sales in March 2022, sales have since rebounded this year. During the early summer months, for example, YoY online and offline GMV was […]
  1. Channel: Mass
Walmart Connect Update – positive feedback in light of cost pressures brands are facing: In our latest Walmart Connect Update, we take a look at how brands are investing into the platform given macroeconomic pressures. Overall we’ve seen that brands are still investing on budget given the high conversion rate of retail media investments and an […]
  1. Corporate Finance
CNBC reports that even “with the S&P Retail Index down nearly 30% this year, most of the industry is boosting investment in capital spending by double digits, including industry leaders Walmart and Amazon.com. Among the top tier, only struggling clothier Gap and home-improvement chain Lowe’s are cutting back significantly. At electronics retailer Best Buy, first-half profits […]
  1. Channel: Ecommerce & Digital
Lowe’s and Instacart have announced that same-day delivery is now available from more than 1,700 of the former’s stores Stateside. Nearly 30,000 items can be ordered for delivery in as fast as an hour. Lowe’s is one of the first retailers on the Instacart app to roll-out same-day and scheduled delivery for large items, up […]
  1. Channel: Ecommerce & Digital
Lowe’s and Instacart announced that same-day delivery is now available from more than 1,700 Lowe’s stores nationwide. Nearly 30,000 items can be ordered for delivery in as fast as an hour. Lowe’s is one of the first retailers on the Instacart App to roll out same-day and scheduled delivery for large items, up to 3x3x5 […]
  1. Corporate Strategy
Lowe’s EVP and Chief Brand and Marketing Officer Marisa Thalberg has left the company after working with the home improvement retailer since February 2020. The executive’s departure is part of a “broader realignment,” according to a Lowe’s spokesperson, and Thalberg’s position will not be filled; instead, the company will integrate its merchandising and marketing functions. […]
  1. Corporate Strategy
The company is reorganizing its leadership structure, with its marketing team now reporting to Executive Vice President of Merchandising Bill Boltz. Dive Brief: Marisa Thalberg, Lowe’s chief brand and marketing officer, has exited the company as part of a broader reorganization effort. Thalberg became Lowe’s CMO in February 2020. As part of the realignment, the home improvement retailer’s […]
  1. Corporate Strategy
Lowe’s chief marketing officer Marisa Thalberg has left the home improvement retailer as part of a corporate reorganization that will see its marketing team move under Bill Boltz, executive vice president of merchandising. Lowe’s online team, which previously reported to Mr. Boltz, will now report to Seemantini Godbole, Lowe’s chief digital and information officer.
  1. Shopper & Customer
Target and Walmart have found that consumers are cutting back on discretionary purchases in categories including apparel and consumer electronics. At the same time, purchases of everyday staples are holding up even with rising prices. Lowe’s and Home Depot have seen a drop in the amount of money that consumers are purchasing for home improvement […]
  1. Associates & Employees
Lowe’s is offering hourly employees $55 million in bonuses to help offset the sting of inflation, which has remained near 40-year highs all summer, the company announced on an earnings call Wednesday. The home improvement retailer is offering this incentive even as inflation moderated slightly, with gas prices softening in July from their peak the previous month, a […]

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  1. Shopper & Customer
  2. Department: Consumer Durables
  3. Department: Nonfood
  4. Corporate Strategy
  5. Corporate Finance
  6. ESG
  7. Partnerships & Alt Profit
  8. Media & Marketing
  9. Retailer Media
  10. Agencies & Vendors
  11. Data & Insights
  12. Shopper & Customer
  13. Trends & External Forces
  14. Associates & Employees
  15. Operations & Supply Chain
  16. Stores & Formats
By John Spiropoulos Media is filled with evolutionary step-change transitions which permanently alter the marketplace. Each evolutionary event, seen in terms of advertiser outlays – the media mix – is driven by incremental change during economic uncertainty. This is particularly true – and trackable – in modern times. Some of these events were covered in […]
  1. Media & Marketing
  2. Department: Consumer Durables
  3. Department: HBC
  4. Department: Nonfood
  5. Corporate Finance
  6. Partnerships & Alt Profit
  7. Media & Marketing
  8. Agencies & Vendors
  9. Data & Insights
  10. Technology & Innovation
  11. Holiday & Events
SMI Core data captures the actual spend data from the SMI Pool partners of major holding companies and large independent agencies, representing up to 95% of all US national brand ad spending, to provide a complete monthly view of the SMI Pool market size, investment share and category performance. Core Data delivers detailed ad intelligence across all media […]
  1. Trends & External Forces
  2. Channel: Grocery
  3. Department: HBC
  4. ESG
  5. Media & Marketing
  6. Trends & External Forces
  7. Associates & Employees
  8. Merchandising
CINCINNATI — The Kroger Health Center for Advanced Community Care, a joint project of Kroger Health and the University of Cincinnati James L. Winkle College of Pharmacy, recently celebrated its one-year anniversary. The Center employs pharmacists, technicians, nurse practitioners, and dietitians to provide an interprofessional model of care. It also provides practical experiences for students […]
  1. Channel: Dollar/Value
  2. Corporate Strategy
  3. Corporate Finance
  4. Corporate Purpose
  5. ESG
  6. Media & Marketing
  7. Shopper & Customer
  8. Associates & Employees
  9. Merchandising
  10. Operations & Supply Chain
  11. Stores & Formats
CHESAPEAKE, Va.— Dollar Tree executives said the retailer’s new pricing strategy lifted operating income nearly 23% to $381 million in the third quarter ended October 29. Top-line sales rose 8.1% to $6.94 billion. Comparable-store sales at its Dollar Tree stores increased 8.6% from a year earlier, while comps at its Family Dollar stores were up […]

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