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Lowe's will drop joint-venture business in Australia

2016-01-19 01:13:21| Grocery - Topix.net

Lowe's says it's getting out of a joint venture that runs more than 60 home-improvement stores in Australia. The chain says it has invested about $930 million in the venture and expects to take a non-cash charge against earnings in its fourth quarter, which ends Jan. 29. Lowe's Cos.

Tags: business australia drop lowes

 

Consumer Buying Behavior: Iris by Lowes Reveals Annual Smart Home Survey Results

2015-11-12 06:00:00| Coatings World Breaking News

Tags: home results annual survey

 
 

Consumer Demand Helps Lowe's Assemble Solid Results

2015-09-09 16:27:50| Chemicals - Topix.net

Lowe's reported impressive same-store sales in the second quarter of 2015 as it takes advantage of the shift in consumer spending. In addition to targeting DIY customers, the firm has initiatives geared towards it professional customers in hopes that home improvement spending will remain elevated.

Tags: results solid consumer helps

 

Lowe's Invests In SoloPro, A Service That Unbundles Real Estate Agent Services

2015-08-06 17:42:10| Real Estate - Topix.net

SoloPro , a service that unbundles real estate services and gives buyers a 3 percent rebate when they buy a home through the service, today announced that it has received a strategic investment from home improvement giant Lowe's venture arm. Neither Lowe's Companies Venture Capital nor SoloPro disclosed the value of the investment, but it's likely a relatively modest number given SoloPro's oversubscribed $1.1 million round in June .

Tags: service services real estate

 

Lowe\'s Ranks Highest in Customer Satisfaction with Appliance Retailers

2015-07-17 07:00:00| Coatings World Breaking News

Tags: customer highest satisfaction ranks

 

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