Lowe's News

Chain Store Age’s annual Retail Construction Survey shows Home Depot and Lowe’s among the retail industry’s top-10 leaders in capital expenditures. 

Lowe’s ranked sixth among retailers with $1.4 billion in capital expenditures, and Home Depot ranked eighth, with $1.1 billion.

Wal-Mart stores ranks first on the list -- way out in the lead with $7 billion to $7.5 billion in capital spending.

The City of Fort Worth, Texas, has announced that it will hold do-it-yourself help sessions for dealing with mosquitoes and the threat of West Nile virus at a number of Home Depot and Lowe’s locations.

Tarrant county residents can attend Saturday and Sunday classes at Lowe's or Home Depot on Aug. 25 and 26. (The weekend seminars began in early August.) Classes will focus on mosquito eradication and methods for eliminating nesting areas in and around homes, apartments or condos.

He will be tasked with creating a customer-centric approach to the company's category management strategy.

Here's a new program that aims to empower customers with more can-do DIY aptitude.

A San Diego man is facing felony changes for purchasing copper wire at Home Depot and Lowe’s stores with counterfeit barcodes and then reselling it to recycling centers for a hefty profit, according to an article in the San Diego Union-Tribune. 

A Marin County California judge ordered Mooresville, North Carolina-based Lowe’s to pay a $1.6 million settlement over a lawsuit alleging the inaccurate description of structural dimensional building products.

One upshot of the settlement is the intention of Lowe’s to include the actual product dimensions of 2x4 lumber (1.5 inches by 3.5 inches) along with the description of the product as a “2x4.”

Citing insider sources, Bloomberg reported Friday that Lowe's is working with Goldman Sachs in its search for acquisitions in Brazil, although the company is still reportedly weighing its options.

The move would help Lowe's establish a presence in a market without clear leaders -- one that's expanding as incomes (and the number of new homeowners) grows in Brazil. As it stands, there's little competition aside from corner hardware stores.

Describing 2011 as a pivotal year for the nation’s No. 2 home center chain, Lowe’s executives continued to hammer on their theme transformation from retailer to a “home improvement company” during its annual conference last month.

What exactly is a home improvement company? CEO Robert Niblock explained.