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Lowe's Makes Big Move to Help Workers With Inflation

It's awarding $55M in bonuses for hourly employees

(Newser) - To help its hourly front-line workers amid historic inflation, Lowe's said on an earnings call Wednesday that it will be awarding $55 million in bonuses for them and offering limited-time employee discounts of as much as 20% on household and cleaning essentials, NBC News reports. "We will continue...

Stocks Slump to Second Straight Loss
Lowe's Jumps 9.6% After
Strong Earnings Report

Lowe's Jumps 9.6% After Strong Earnings Report

But indexes slumped to their second straight loss

(Newser) - Stocks took a late turn lower on Wall Street, ending with their second straight loss. The S&P 500 gave up 1.1% Wednesday, a day after breaking a five-day winning streak. Technology and health care companies had some of the biggest losses. Apple fell 2.6%. Markets didn’t...

Home Depot, Lowe’s in Sync on Masks

Both big-box retailers now require them

(Newser) - Do-it-yourselfers will need to wear masks if they get their supplies from Home Depot or Lowe's. Both big-box retailers have joined the growing list of merchants requiring face coverings amid the pandemic, reports Fox23 . The policy at Lowe's begins on July 20, while Home Depot's policy begins...

Tired American Workers About to Get a 'Day of Rest'

Many chains set to close on Easter Sunday

(Newser) - Lowe's has 2,200 stores in the US and Canada, and every single one of them will be closed on Easter Sunday so that all of its 300,000 employees can get a break. CEO Marvin Ellison described his team as "nothing short of heroic" for working so...

Lowe's Exec in 'Reflection' After Comment on Hispanics

He said drill was 'perfect' for Hispanics 'with smaller hands'

(Newser) - An executive at Lowe's is apologizing after claiming a cordless drill is "perfect" for Hispanic customers with small hands. Executive VP of stores, Joe McFarland, touted a $99 DeWalt 12-volt cordless drill in a pre-recorded video shown to Lowe's employees across the country on Monday. "The...

Lowe's Just Made Another Big Move to Cut Costs

Thousands of maintenance, assembly workers have been laid off

(Newser) - Lowe's has been stumbling of late, with lagging sales and store closures . Now the home improvement retailer is saying goodbye to thousands of jobs: Maintenance and assembly staff—the folks who put together items such as grills for customers—at all of the chain's 1,800 or so...

See If Your Lowe's Store Is Closing

Company is shutting 51 in US and Canada

(Newser) - Lowe's said Monday it is shuttering 51 under-performing stores in the US and Canada, though the company is tempering the news a bit: Most of the stores on the list are within 10 miles of another Lowe's, reports CNN . You can check out the list here . Twenty of...

Boy, 9, Gets Gift From Lowe's After Lemonade Stand Robbery

The North Carolina drinks vendor was held at gunpoint for $17

(Newser) - A 9-year-old entrepreneur whose lemonade stand was robbed of $17 got a boost for one of his other business ventures from a home-improvement chain, while authorities continued searching Tuesday for his teenage assailant. Investigators were still searching for a male suspect in the Saturday afternoon stickup, said Union County Sheriff'...

This Company Has a -5% Corporate Tax Rate

GE tops WalletHub's list of companies with lowest corporate tax rates; Caterpillar has the highest

(Newser) - To best understand how President Trump's plan to cut the corporate tax rate from 35% to 20% would affect companies, it's necessary to determine a company's effective tax rate. WalletHub is on the case. The outlet reviewed annual reports for the top 100 companies on the S&...

The Lowe's Uniform Just Got Really Futuristic

Robotic exosuits inspired by science fiction are being tested in stores

(Newser) - Lowe’s uniforms just got a serious upgrade in Christiansburg, Va., where shoppers may spot a new robotic exosuit in action. CNN Tech reports that four employees there are testing out an exoskeleton prototype that aids workers with heavy lifting. The technology looks much like a harness, with carbon-fiber rods...

Lowe's Hires Veteran —and His Service Dog

An awesome story out of Texas

(Newser) - Some customers at a Lowe's store in Texas are getting tag-team assistance from a military veteran and his service dog after both were hired to work at the store, the AP reports. The Abilene Reporter-News reports that US Air Force veteran Clay Luthy and his golden retriever, Charlotte, both...

Lowe's Managers Agree to 'No Black Drivers,' Lose Jobs

Customer didn't want black delivery drivers to come to her home

(Newser) - Three managers at a Lowe's store in Virginia have lost their jobs after going along with a customer's request that no black drivers make deliveries to her home, a company spokesperson said today. Driver Marcus Bradley told WSET-TV he was called off an Aug. 3 delivery by a...

Lowe's to Stop Selling Pesticide That May Harm Bees

Neonicotinoids to be removed from stores by 2019

(Newser) - Lowe's is saying so long to a class of pesticides that may be contributing to our dwindling honeybee population. The home improvement chain said yesterday it will phase out pesticides known as neonicotinoids , or neonics; they'll be completely gone from store shelves and absent from plants the store...

Shopper Opens Lowe's Cabinet, Is Bitten by Snake

Fortunately, it wasn't a venomous species

(Newser) - A shopper opening a cabinet at a Lowe's store got an unpleasant surprise: a bite on the head by a snake, WTVA reports. The snake jumped out of the cabinet at the store in Corinth, Miss., the local police chief says. The customer's condition isn't clear, but...

Lowe's Holiday Help: Robots
 Lowe's Holiday Help: Robots 

Lowe's Holiday Help: Robots

But chain says high-tech OSHbot is there to help human workers, not displace them

(Newser) - Retailers typically hire more workers to help out around the holidays, but Lowe's is taking an especially novel approach to this year's seasonal staff: putting robots to work. The OSHbot will be available for customer service tasks at the company's Orchard Hardware Supply store in San Jose,...

Lowe's Workers Fix Vet's Wheelchair (After VA Wouldn't)

It broke down in store, and 3 employees stayed late to repair

(Newser) - A public thank-you by a Vietnam vet to three workers at Lowe's is providing yet more ammo for critics of the VA . As he explains in a letter to the Staten Island Advance , Michael Sulsona lost both his legs to a landmine during the war. He'd been trying...

Now Travel Firm Pulls Ads From Muslim Reality Show

Kayak.com joins Lowe's after evangelical campaign

(Newser) - A second company has yanked its ads from an American Muslim reality show. This time it's the Kayak.com travel web site, following the lead of the Lowe's chain , which caved to pressure from a Florida evangelical organization. TLC's All-American Muslim features five Lebanese American families living...

Stewart: TLC's Muslim Show 'Most Boring' Ever

There's nothing controversial about 'All-American Muslim'

(Newser) - A completely baffled Jon Stewart took to the airwaves last night to weigh in on the controversy over TLC's All American Muslim. It appears the Florida Family Association—which pushed Lowe's to pull its ads from the program —is unhappy with the show because it doesn't ...

Russell Simmons Leads Charge Against Lowe's on Muslim Show

He criticizes chain for bailing on TLC program

(Newser) - Lowe's is facing some heavy backlash over its decision to yank ads from the TLC reality show All-American Muslim. Hip-hop's Russell Simmons has been the most vocal, even offering to buy up any remaining ad space before Sunday's episode. As it turns out, that might not be...

Lowe's Jerks Ads From Muslim Reality Show

Now critics are calling for a boycott of Lowe's

(Newser) - The Lowe's retail chain has yanked its ads from an American Muslim reality program after complaints from an evangelical group. Now critics are calling for a boycott of the home improvement seller. The Florida Family Association blasted TLC's new program, All-American Muslim, as "propaganda that hides the...

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