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Lowe’s Launches MyLowe’s Rewards Loyalty Program Aimed at Helping DIYers Get More Value When They Choose Lowe’s for Their Home Improvement Needs
The loyalty program is available today in select regions and will expand nationwide in March. Benefits available to all members include: Points earned on eligible purchases toward MyLowe’s Money± Free standard shipping** with no or lower minimum spend on eligible purchases Free member-only gifts Free Lowe’s DIY-U kids and garden workshops Savings through exclusive offers and early sales notifications Plus, a customized in-app experience that allows members to track their points progress, explore previous purchases and receive personalized recommendations “Lowe’s has been serving DIY customers for more than 100 years, and now we’re rewarding their longtime loyalty by offering even more value when then they shop with MyLowe’s Rewards,” said…
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Home Depot Vs. Lowe’s: Which Home Improvement Retailer To Own (HD) (LOW)
kate_sept2004/E+ via Getty Images Dear Readers, do note that most of the data here were generated between 22 and 25 December 2022, and the rest from 26 to 30 December 2022. Also, any “Buy” rating in this article is a “Conditional buy” which comes with having certain conditions being met. You will need to assess if an asset is a “buy” based on your expected returns from that asset which is a very personal decision. Happy New Year, everyone! May your 2023 be far better than 2022 in every imaginable way. An Introduction to Home Depot and Lowe’s Anyone familiar with the home improvement scene in the United States will…
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Lowes Stock Is On The Rise After Earnings, Despite Housing Market Dip
| Jeffrey Greenberg/Universal Images Group via Getty Images Key Takeaways As the housing market slows, more homeowners are choosing to improve their current homes. Online sales and purchases of $500 or more continue to increase for Lowe’s. The company is working to improve efficiency and market penetration to help grow its business. Lowe’s has been Home Depot’s little, perhaps understated, brother in the home improvement marketplace for some time. While management has tried to replace its rival as the top retailer in the space, it has consistently come up short. This holiday season, there is renewed hope that Lowe’s can overcome its standing as the second-largest home improvement retailer. Here…
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Home Depot and Lowe’s are booming in a housing market bust
A home improvement contractor works on a house in Cambridge, Massachusetts. Suzanne Kreiter | The Boston Globe | Getty Images As the U.S. housing market falls hard from its pandemic-driven highs, home improvement retailers like Home Depot and Lowe’s don’t seem to be feeling the same pain. In fact, they’re faring better than expected. While homebuilding and home remodeling are integrally connected, the market forces behind each can be different, and that’s what’s happening now. related investing news Raymond James downgrades Home Depot, says there are challenges ahead despite solid earnings report Home Depot and Lowe’s reported strong quarterly earnings Tuesday and Wednesday, respectively. Lowe’s stock rose 3% Wednesday. Executives…
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Lowe’s Says Home Remodeling Trend Still Strong
The nation’s second-largest chain of hardware stores said Wednesday (Nov. 16) that its commercial or “Pro” business grew 19% last quarter, as consumers continue to invest in home remodeling projects rather than face the turbulence and high mortgage rates that are currently crimping housing sales. In announcing its third-quarter earnings results, the CEO of the North Carolina-based operator of nearly 2,000 stores said that contrary to common misperception about the home improvement business, Lowe’s current and long-term prospects remain strong. “Even in the U.S. market where home prices have declined after a particularly steep run-up during the pandemic, we are not seeing any impact to sales,” Lowe’s CEO Marvin Ellison told…
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Lowe’s Brings Digital Twins to Home Improvement
Lowe’s has unveiled what it calls its industry’s first “interactive digital store twin,” the home improvement chain said in a press release Tuesday (Sept. 20). Debuting at technology firm Nvidia’s GTC conference, the “digital twin showcases a future in which store associates can visualize and interact with nearly all of a store’s digital data, giving them superpowers to optimize operations and localize plans to better serve customer needs.” As PYMNTS has noted, a digital twin is a digital version of a real-world item. That can mean something like a non-fungible token (NFT) of a pair of Nikes to the brick-for-brick virtual replica of Christie’s New Bond Street, London auction house…
