Lowe’s commits to overcoming coronavirus
The retailer is assisting medical professionals, the skilled trades and employees during the crisis.
Lowe’s said it is committing $25 million to assist communities, associates, customers and first responders during the coronavirus crisis.
The philanthropic investment includes $10 million for first responders, including medical professionals on the front lines. Lowe’s is delivering essential items such as respirators and protective gear to hospitals nationwide by working with national healthcare supply distributors to allocate product is needed most.
The moves were announced in a letter from Lowe’s CEO and President Marvin Ellison.
“To the medical professionals on the frontlines and the parents at home faced with homeschooling their children, to the truck drivers and supply chain workers ensuring product is on shelves, and to the team at Lowe’s, your actions have been nothing short of heroic,” Ellison said.
Effective today, Lowe’s is also temporarily reducing hours and closing its stores at 8:30 p.m. Monday through Saturday and at 7 p.m. on Sunday.
Ellison said the move provides additional time for essential product replenishment and to thoroughly clean and sanitize stores daily.
“You have my commitment that Lowe’s will continue to do our part to serve you as we work together to overcome these trying times,” he added. Here is the complete letter from Ellison.
Other aspects of the financial commitment is $3 million to support associates, including the Lowe’s Employee Relief Fund, and $3 million so small businesses – particularly skilled trades professionals – can continue to operate.
Lowe’s is also donating $1.5 million to support the COVID-19 Response Fund and other nonprofit organizations in Lowe’s hometown, the greater Charlotte, N.C. region and $500,000 to the American Red Cross.
Additional steps have been taken to protect the health of Lowe’s associates. The retailer has rolled out 14-days of emergency paid leave for employees, which covers those who are sick caring for a loved one, or have been faced with new hardships such as closed schools and daycares.
The company also extended its telemedicine benefit through Teladoc to all associates and their families whether they are seasonal, temporary, part-time or full-time, and regardless if they are enrolled in the Lowe’s medical plan.
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