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AI-Driven Automation
72% of Business Leaders Want AI Adoption Within 3 Years: Weekly Stat
New data suggests that leaders are highly interested in AI but must plan around the risks associated with adoption.
By
Adam Zaki
| May 31, 2023
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Featured
AI-Driven Automation
72% of Business Leaders Want AI Adoption Within 3 Years: Weekly Stat
New data suggests that leaders are highly interested in AI but must plan around the risks associated with adoption.
By
Adam Zaki
| May 31, 2023
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Lowes
Workplace Issues
Lowe’s to Close Stores In Restructuring Push
The company said the closures would incur costs of as much as $300 million, or 28 cents per share.
By
William Sprouse
| November 5, 2018
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Financial Performance
Lowe’s Shares Drop 3% on Q1 Earnings Miss
Same-store sales grew 1.9%, above the company's historical average but below rival Home Depot's 5.5% gain in its first quarter.
By
Matthew Heller
| May 25, 2017
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Strategy
Lowe’s Buys Wholesaler to Boost Pro Business
The $512 million acquisition of Maintenance Supply Headquarters will enhance Lowe's ability to serve customers such as contractors.
By
Matthew Heller
| May 18, 2017
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Strategy
Lowe’s to Acquire Canada’s Rona for $2.3B
The home improvement giant is hoping to avoid the political complications that helped derail its 2012 offer for Rona.
By
Katie Kuehner-Hebert
| February 3, 2016
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Workplace Issues
Lowe’s Case Highlights Worker Misclassification Lessons
The rising use of independent contractors could cause more companies to become entangled in costly lawsuits.
By
Matthew Heller
| January 20, 2015
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Strategy
Bleak Week for Three Retailers
Staples says it will close 140 stores this year, while Lowe's and Target cut their revenue and profit forecasts, respectively.
By
Iris Dorbian
| August 20, 2014
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The Cloud
Amazon’s Coming after Your Customers
So are eBay and other big e-distributors. Nothing is stopping them from tracking your customers’ buying habits and urging them to buy from a competitor. You’d better start preparing.
By
Shawn Casemore
| January 7, 2013
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