December 19, 2012

The shooting tragedy in Newtown, Conn., has prompted a call for stricter gun control laws, and Larry Stone, former president and chief operating officer at Lowe’s, weighed in on the debate in a Dec. 19 interview with the Wall Street Journal. 

March 21, 2012

The Home Channel Hall of Fame will welcome Do it Best Corp. CEO Bob Taylor during an induction ceremony at the 2012 National Hardware Show in Las Vegas.

The Home Channel Hall of Fame has been recognizing outstanding service to the hardware and home improvement industry since 2004. Recent inductees include Larry Stone (2011), president emeritus of Lowe’s, and Pat Farrah (2010), one of the original founders of The Home Depot.

June 7, 2011

Las Vegas — The retail panel discussion started with customer service and advanced to strategic planning. From there, it detoured at automatic doors — apparently still a novelty in rural Texas — and finished with a somewhat optimistic economic forecast. 

June 7, 2011

Home Channel Hall of Fame Inductee Larry Stone of Lowe's described the five traits of leadership during the 2011 Golden Hammer Awards Ceremony.

June 2, 2011

Retiring Lowe's executive Larry Stone offers his top five traits of leadership during the 2011 Golden Hammer Awards ceremony.

May 12, 2011

With a stirring introduction from his longtime Lowe's colleague Greg Bridgeford, Larry Stone entered the Home Channel Hall of Fame during the National Hardware Show Wednesday.

The Hall of Fame induction of Stone, a 43-year Lowe's veteran, was one of the highlights of the 27th annual Golden Hammer Awards, a Home Channel News event.

March 31, 2011

If you follow Lowe’s as an investor, a supplier or a competitor, you’re familiar with Larry Stone and his role at the nation’s second largest home center chain. He’s the man who runs the stores, and it’s his North Carolinian accent that — for the past 10 years, at least — has grown almost inseparable from the company’s image.

March 31, 2011

Lowe’s chairman emeritus Robert Strickland was inducted into the Home Channel Hall of Fame four years ago. As he approached the podium, he seemed as relaxed as you or I might be approaching the office microwave at lunchtime.

“I would like tonight to talk about A, B, C,” he began. And with those three first initials, he launched into a discourse that summed up the lessons learned from a career of successful retailing — or as close a summation as three words can get to a 41-year career.

March 31, 2011

In the 1980s, when Lowe’s decided to change from a chain of southeastern contractor yards to a nationwide big-box retailer, the company knew it wouldn’t happen overnight. But a steady vision, stable leadership and good relations with Wall Street made the goal a reality. Today, the North Carolina-based company has more than 1,725 warehouse-sized stores in all 50 states plus Canada and Mexico. 

Now it’s time for another change. 

January 29, 2011

Mooresville, N.C.-based Lowe's announced Friday that Larry Stone, president and chief operating officer, will retire June 2 after more than four decades with the home improvement giant.

Stone has served in virtually every leadership position within store operations and merchandising during his 42-year career with the company, and many credit him for Lowe’s success and rise into the No. 2 position among home-improvement retailers

June 22, 2010

It was almost painful to watch. Quarter after quarter of negative comparable-store-sales figures emanating from Atlanta and Mooresville in a period of negativity that extended for more than three years.

The negative-comps streak officially ended last month, when the two biggest players in home improvement retailing both posted positive comps for the first time since late 2005 (See chart). The reversal is clearly good news not only for Home Depot and Lowe’s, but also for the home improvement industry in general.

October 19, 2008

In a shrinking economy, store footprints appear to be shrinking as well, as retailers, most...

September 7, 2008

The second-quarter performances at both Home Depot and Lowe’s followed some similar themes this summer,...

May 29, 2008

While Lowe’s still plans to open 120 stores this year, the company has opted to...

April 13, 2008

Lowe’s has all the ingredients of a great story. The humble beginnings. The dramatic makeover....

March 16, 2008

Lowe’s is reducing its 2008 expansion plans by about 20 stores, down to 120, in...

September 6, 2007

Speaking at the Goldman Sachs Global Retailing Conference, Lowe’s executives name some up-and-coming trends in...

June 10, 2007

Lowe’s, like Home Depot, stumbled in erratic weather conditions and an uncertain housing market in...