Lowe's News

With the implementation of Obamacare mired in controversy, two of the nation’s largest retailers are backing an innovative Employers Centers of Excellence Network that will offer no-cost knee and hip-replacement surgeries at four highly regarded hospitals.

Walmart and Lowe’s issued a joint statement that they and other large employers had joined the Pacific Business Group on Health Negotiating Alliance (PBGH-NA) to launch the national Employer’s Centers of Excellence Network.

On the eve of the company’s second-quarter earnings announcement, Lowe’s closed seven underperforming stores. 


Shuttered are locations in Meriden, Conn.; Riverdale, Ga.; Elgin and Schaumburg, Ill.; Kenai, Alaska.; Cambridge, Minn.; and Ticonderoga N.Y.


Obviously, the move upset the affected communities. For instance, Alaska Senator Lisa Murkowski complained of the lack of notice. But CEO Robert Niblock is paid to make tough decisions, which is how he described the seven closings.


A group of national retailers that includes Lowe’s, Home Depot and Walmart has joined with trucking companies and the Environmental Protection Agency (EPA) to reduce the amount of diesel emissions at the nation’s ports. 

Cuts are never easy. Here’s how Lowe's CEO Robert Niblock explained the changes at Lowe’s.

'Tis the season for great pumpkins, vampire statuary and ghost decorations. Or is it?

Lowe's is continuing its tradition of providing grants to public schools for revitilization projects, such as new playgrounds and outdoor classrooms.

Lowe's announced that it will enter its first two stores in Manhattan. The home improvement giant has two locations slated to open in the second half of 2015, one at 2008 Broadway at West 68th Street, and a second at 635 6th Avenue at West 19th Street. 

One of the ways Lowe’s says its competing in the price wars -- especially with Internet retailers -- is a merchant mind-set of “dead net pricing.”