Lowe's News

Lowe's COO outlines Q2 moves
Lowe's COO Rick Damron told investors the retailer's second-quarter performance was balanced across categories as well as geographic regions.

On Wednesday, the Mooresville, N.C.-based company reported second-quarter sales gains of 10.3% to $15.7 billion.
Lowe’s hires new chief for Mexico
Lowe’s named José Luis Pier Castelló as president/general director of Lowe’s Mexico, effective March 15. He replaces Francisco Fernandez, who has left the company.

State Farm promotes Safe & Secure Kit at Lowe’s

Insurance giant State Farm is promoting Iris from Lowe’s with a $75 off coupon to customers who buy the Iris Safe & Secure Kit.

The kit, which regularly sells for $179 before the discount, helps homeowners control lights, thermostats, door locks via smartphone and tablet. It also

Installing such a system, according to State Farm, might also make homeowners eligible for insurance discounts.

This latest promotion is part of a long running partnership between State Farm and Lowe’s. “
Spotlight on Lowe’s Innovation Labs: Q&A with executive director Kyle Nel

Chain Store Age, a sister publication of HBSDealer, recently spoke with Kyle Nel, executive director of Lowe’s Innovation Labs, who discussed the mission and activities of the retailer’s proprietary technology development center.
Briggs & Stratton promotes new fuel formula

Milwaukee-based Briggs & Stratton Corporation is equipping consumers with its newest development in fuel treatment — Advanced Formula Ethanol-Free Fuel.

The product is hitting shelves at Lowe's and offereing advantages over ethanol-blended gas, the company said. The formula is packaged in a line of premium stabilizer and fuel blends specifically designed to make operation of 2-and 4-cycle engines smoother while helping maintain performance.

Lowe's COO outlines Q2 moves