News

Lowe’s: Breach was limited to employee data

BY HBSDEALER Staff

A Lowe’s spokeswoman told HCN that various blogs covering the story about a Lowe’s data breach inaccurately implied that consumers were affected. 

That’s not the case, said Karen Cobb, manager of corporate public relations for the Mooresville, North Carolina-based retail giant.

“This situation affected only documentation of employees approved to drive Lowe’s-owned vehicles and in no way contained any customer data,” she said.

She also broke down the nature of the breach:

She said Lowe’s uses a third-party vendor to maintain compliance information and documentation for employees who are approved to drive company vehicles. An error by the vendor resulted in personal information about some current and former employees made potentially accessible via the Internet.

“We’ve made current and former employees affected by the error aware of the situation,” she said. The company also made arrangements for those affected to receive credit protection services. 

The company also stressed that there is no evidence that any of the compromised information was misused.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Would you like to see the re-emergence of an association like the AHMA?
News

Winners and losers from earnings season

BY HBSDEALER Staff

Earnings season for the 30 companies tracked by the HCN Stock Watch ended last week with the quarterly reports from Sears Holdings (not good) and Toro Company (not bad). 

Overall, the sales data from the publicly traded companies focused on home improvement and building materials shows a trend toward growth. Twenty-one companies showed sales gains over the previous year’s quarter, and nine showed sales declines.

Analysis of the sales data also shows:

The good: Eagle Materials and Stock Building Supply reported double-digit sales gains, 19.3% and 12.6%, respectively.

The bad: Punishing weather was a common theme across the spectrum, contributing to nine companies’ posting quarterly sales declines. 

The ugly: Louisiana-Pacific sales of $445 million declined 16% from the prior-year quarter, the largest percentage decline on the Stock Watch.

Paint companies fared well in the earnings season, which ran from March 14 through May 22. Valspar sales gained 9.6%. Sherwin-Williams sales were up 9.2%.

Quotable: “The theme for this year’s spring plan was ‘Spring is Calling.’ It didn’t call as early as we initially expected, but when it did, we were well prepared and where id did, we performed well.” 
— Mike Jones, Lowe’s chief customer officer.

 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Would you like to see the re-emergence of an association like the AHMA?
News

Readers Respond: What is ‘Made in USA?’

BY HBSDEALER Staff

[The following letter is a response to “NRF sees ‘made in USA,’ even in imports,” which appeared in the May 28 HCN Daily.] 

"Is the NRF trying to make us believe even though a product comes in from China, it's really to be considered a U.S.-made product because it has 'some' U.S. content?  That's stretching the truth.

"We U.S. manufacturers are greedy … we want 'all of the jobs' here, not part of them. The FTC states, 'all, or virtually all' is the requirement for 'Made in USA.'  There are no other legal designations.

"I think if the NRF were to poll the millions of Americans out of work, they might sing a different song." 

— Bill Keller,
Keller Mfg. Co.,
d.b.a. Gardex,
St. Louis, Missouri

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Would you like to see the re-emergence of an association like the AHMA?