Lowe's News

Home improvement retailer Lowe’s has agreed to settle a Justice Department claim that it terminated an employee without just cause after he returned from serving in the Iraq War. The consent decree, which still requires approval by a U.S. District Court in Portland, Ore., requires that Lowe’s pay the employee, Matthew King, $45,000 for back pay and liquidated damages.

Lowe’s did not respond to a request for comments.

Lowe's will be unveiling the latest installments in its Iris Smart Home Solutions series at the 2014 International Consumer Electronics Show, taking place Jan. 7-10 in Las Vegas.

New Iris products and services will include a water shut-off valve that cuts supply when a leak is detected, a voice control feature,smart sprinkler systems, smart meter add-ons, universal garage door openers, additional energy saving devices and more.

Lowe's has announced that for the 2011 to 2012 school year, it will donate more than $4 million to support education. 

Through its Lowe's Charitable and Educational Foundation, the company is providing funds for school systems across America through Lowe’s Toolbox for Education grants, Teach for America, Project L.I.F.T., Hispanic Scholarship Fund, Thurgood Marshall College Fund, Lowe’s Scholarships and Carl Buchan Scholarships. 

Lowe’s second-quarter financial report was a disappointment to the company’s executives, who made no excuses for the retailer’s poor showing. Earnings were down slightly, revenues grew by only 1.3%, and comp-store sales were essentially flat. “Even after taking into account the challenges of the macro-environment, we are still not pleased with our performance this year,” said chairman and CEO Robert Niblock, speaking at an analysts’ conference call on Aug. 15.

The home improvement chain is debuting a new series of VR-based ‘how to’ classes.

Six months after the RONA acquisition, Lowe's Canada is issuing a progress report.

A timelapse photography app for the masses is turned into a powerful marketing tool 

The coating competition will heat up in March as Lowe’s rolls out HGTV HOME by Sherwin-Williams.

The HGTV HOME by Sherwin-Williams product line will feature what both companies describe as “a new and improved interior and exterior paint program.” The line will be available at both Sherwin-Williams' company stores and Lowe's stores nationwide, as well as exclusive line extensions available at Lowe's.