Lowes

Articles on Lowes

  1. Media & Marketing

JCPenney Aims to Give $500 Million Back to Customers with Revamped Rewards Program

JCPenney is the latest retailer to reconfigure its rewards program with the debut of a simplified loyalty offering that nearly doubles the rate at which members earn rewards. With this enhanced earning potential, JCPenney estimates that it could return as much as half-a-billion dollars back to its customers in the form of rewards, said Katie […]
2 min read
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  1. Technology & Innovation

Retail Innovation Conference & Expo 2024: The Latest News on Sessions, Speakers & Experiences

Are you ready to explore the evolved customer journey? The Retail TouchPoints team is reporting on all the news breaking before, during and after the Retail Innovation Conference & Expo, taking place June 4-6, 2024, at McCormick Place in Chicago. This year, we’ll hear senior-level executives’ perspectives on how customer experiences are evolving as content, […]
5 min read
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  1. Corporate Strategy

Albertsons Simplifies Loyalty Program with Move to Single Points Currency

Albertsons has joined the growing list of retailers revamping their loyalty programs. The supermarket chain will now use a single points currency for its “for U” program and give members two months to earn and redeem their points before they expire. Additionally, an automatic cash-off option that converts points into cash discounts at checkout will […]
2 min read
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  1. Channel: Delivery

DoorDash Adds Lowe’s as First Home Improvement Retail Partner

DoorDash has entered the home improvement category with a new partnership with Lowe’s Companies. The delivery aggregator announced yesterday that it will offer on-demand delivery from more than 1,700 Lowes’ stores nationwide. This partnership marks DoorDash’s first foray into the home improvement category and builds on the significant selection offerings on the platform, with more than 99 […]
2 min read
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  1. Channel: Home Improvement

Home Depot Boosts Pro Offering with $18.25B Acquisition of SRS Distribution

The Home Depot is acquiring building products distributor SRS Distribution for $18.25 billion in a bid to accelerate the growth of its pro offerings. The deal, which is expected to close by the end of the retailer’s fiscal 2024 in late January 2025, is subject to customer closing conditions and will be funded through a […]
2 min read
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  1. Shopper & Customer

Even Late to the Paid Membership Party, Target Believes it’s ‘Starting from a Position of Strength’

Target’s announcement earlier this month that it was launching a paid membership plan almost felt like a foregone conclusion. Amazon’s Prime membership has been paying dividends for the company for decades, and after Walmart followed suit with Walmart+ in 2020, it was only a matter of time before Target entered the mix. With the addition […]
5 min read
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  1. Retailer Media

Exclusive: Google Debuts New Retail Media Solution with Lowe’s as First Beta Tester

Google wants a bigger piece of the traffic driven by retail media advertising. To start getting it, the tech company has launched a new offsite retail media solution in closed beta. Lowe’s has signed on to be one of the first retailers to test the solution for what will be the first offsite retail media […]
3 min read
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  1. Corporate Strategy

Rough Week for Retail CEOs: Top Execs Out at Petco, Under Armour, Fossil

It was a tough week to be at the top in retail with a number of companies announcing CEO switch-ups following disappointing performances, including Petco, Under Armour, Fossil Group and, as Retail TouchPoints previously reported, Allbirds. Former Best Buy COO to Lead Petco While CEO Search Gets Underway Ron Coughlin — who led Petco through […]
4 min read
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  1. Data & Insights

Key Takeaways From the Wiser Industry Leaders Retail Panel: Retail Innovation and Strategy

With the global pandemic acting as a catalyst for change, retailers have been thrust into a new realm of challenges and opportunities. The acceleration in the adoption of digital tools and strategies has become a lifeline for many, enabling them not only to survive but to thrive amidst unprecedented conditions.   A recent panel hosted by […]
5 min read
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  1. Trends & External Forces

Retailing in a Time of Mass Distraction with Andrea Dorigo, Adidas Head of Global Retail

Our guest this week is Andrea Dorigo Head of Global Retail for Adidas. Andrea shares many strategic leadership lessons gleaned from his  incredibly deep and diverse experience working across a spectrum of international brands. Now he leads a network of more than 2,000 stores for one of the world’s most iconic vertically integrated brands. We […]
2 min read
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  1. Agencies & Vendors

4 Product Submissions, 4 Buyer Meetings, 4 Deals: How GearHaul Did it with RangeMe

One of the benefits of being a RangeMe Starter or Premium subscriber brand is the opportunity to submit products to buyers who have immediate, limited-time opportunities that take place throughout the year. During these campaigns, retailers, distributors and foodservice operators invite brands that meet specific criteria to submit their products to be considered for placement […]
8 min read
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  1. Department: Consumer Durables

How Amazon is infiltrating the large appliances category

For a time, big-box home improvement stores seemed insulated from Amazon’s low prices and scale. Home Depot and Lowe’s sold items that were too big to ship, or that DIYers needed immediately, not delivered in a few days. Large appliances like refrigerators and ovens offered a firewall of sorts. Has that firewall held? Yes and […]
2 min read
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  1. Channel: Home Improvement

How to Get Your Product into Home Depot or Lowes

As a hardware and improvement product manufacturer, getting your products into major retailers like Home Depot and Lowes can be a huge opportunity for growth. With their extensive customer base and nationwide presence, these big box stores are the ideal platform to showcase your products. But how exactly do you get your foot in the […]
3 min read
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  1. Shopper & Customer

New Tech Uses Cellphones To Access Locked-Up Products

CNN has a story about a possible new solution for retailers who feel they have to lock up certain products because of theft, which alienates actual customers who hate the inconvenience of having to ask employees for assistance in getting access to those items. According to the story, some stores are “testing a security tool […]
2 min read
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  1. Channel: Mass

Target, Lowe’s Work with RILA to Develop Tool to Measure Products’ Emissions

To help retailers determine the post-purchase carbon impact of products like appliances, electronics and outdoor power equipment, the Retail Industry Leaders Association (RILA) has partnered with Optera to develop the Direct-Use Product Emissions Database (DPED). The DPED will help fill current reporting gaps and align how retailers measure, compare and communicate greenhouse gas emissions. It […]
2 min read
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  1. Retailer Media

Retail Media: Everything You Need to Know

For several years now the term “retail media” has been buzzing around both retail and media circles. Whether you’re looking for a deeper understanding of the implications and applications of retail media or need a down-and-dirty explainer on what retail media actually is, you’ve landed in the right place. This special Retail TouchPoints resource hub […]
14 min read
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  1. Channel: Home Improvement

Lowe’s Launches New Loyalty Program for DIYers

Lowe’s has launched a new loyalty program for “DIYers” that will sit alongside its existing MVP loyalty program for home improvement professionals. The new MyLowe’s Rewards program will offer do-it-yourself customers exclusive savings on items they need for their homes and allow them to earn rewards toward future purchases. “Lowe’s has been serving DIY customers […]
3 min read
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  1. Channel: Home Improvement

Lowe’s Launches New Loyalty Program for DIYers

Lowe’s has launched a new loyalty program for “DIYers” that will sit alongside its existing MVP loyalty program for home improvement professionals. The new MyLowe’s Rewards program will offer do-it-yourself customers exclusive savings on items they need for their homes and allow them to earn rewards toward future purchases. “Lowe’s has been serving DIY customers […]
3 min read
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  1. Media & Marketing

The Big Idea is Broken. Welcome To Weirdvertising.

Is it just me, or is advertising getting weirder? There was a time not long ago when brands and ad agencies would talk about the big idea and the importance of telling a compelling story. But these days, with TikTok dominating the social media landscape, it seems like big ideas are being traded in for […]
6 min read
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  1. Data & Insights

7 Stories that Shaped 2023 — and What They Foretell for 2024

The editors of Retail TouchPoints are sharing our picks for the seven most consequential stories of 2023. As usual, there were lots to choose from — that’s standard for such a dynamic industry — but these were the topics that had “legs” (and are likely to continue to be important in 2024). 1. Resale Continued […]
5 min read
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  1. Data & Insights

The Growing Influence of Home Improvement Pros

In the aftermath of the Covid-19 pandemic, the home improvement landscape has undergone a transformative shift as seen in YipitData’s new Home Improvement Pros report. As consumer demand for DIY projects slows, retailers like Home Depot, Lowe’s, and Ace Hardware are strategically redirecting focus on an emerging consumer base – home improvement professionals. Pros (professional […]
2 min read
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  1. Trends & External Forces

NRF Retracts Claim that Organized Retail Crime Accounted for ‘Nearly Half’ of Retail Shrink

The National Retail Federation (NRF) has updated a report that had attributed “nearly half” of 2021’s $94.5 billion in retail shrink to organized retail crime, saying the data point was part of two-year-old testimony to a U.S. Senate committee by Ben Dugan, former President of the Organized Retail Crime Resource Center. The NRF report was […]
2 min read
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  1. Data & Insights

Sears is a shell of its former self. So why is it reopening some stores?

Sears and Kmart once dominated the retail landscape.
6 min read
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  1. Channel: Grocery

Stryve Foods expands distribution to retail stores

 ​​[[“value”:” The company’s meat snacks will be available at Southeastern Grocers, Cub Foods, Lunds/Byerly’s, Fresh Thyme, Lowes Foods, AAFES, Holiday Oil, Timewise, Family Express and Dash In. “]] 
< 1 min read
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  1. Channel: Home Improvement

Home Depot, Lowe’s Look to ‘Pros’ for Growth

Competitors The Home Depot and Lowe’s are both zeroing in on the same high-value target as the pandemic-driven home improvement boom slows — professional contractors, builders and tradespeople. The Home Depot has made a number of executive moves to better “align the organization” around this consumer set, which the company describes as its “largest growth […]
2 min read
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  1. ESG
  2. Data & Insights
  3. Operations & Supply Chain

Retailers Gain Control of Their Sustainability Goals as the ESG Storm Clouds Start to Gather Over Operations

Using event-driven architecture (EDA), retailers must link essential data at speed and scale throughout their ecosystems near and far to come to grips with now essential environmental, social and governance (ESG) reporting in three key areas. 1. Dead Heading — Optimizing Transportation/Emissions on Every Journey When it comes to transportation within the retail sector, any […]
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  1. Technology & Innovation
  2. Channel: Dollar/Value
  3. Channel: Ecommerce & Digital
  4. Channel: Grocery
  5. Department: Food
  6. Corporate Strategy
  7. Media & Marketing
  8. Shopper & Customer
  9. Technology & Innovation
  10. Trends & External Forces
  11. Retail Operations
  12. Merchandising
  13. Stores & Formats

Why Amazon’s Just Walk Out initiative failed – and why it’s not the end of checkout free technology

It recently emerged that Amazon’s Just Walk Out offering is being dropped from Amazon Fresh stores. However, it’s not checkout-free tech that’s failing, it’s the fact that Amazon’s checkout free solution doesn’t work, especially in grocery retailers, argues Will Glaser, Founder and CEO at Grabango. In the dynamic grocery retail landscape, a transformative wave is […]
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