JLL announced today that it has closed the $15.15 million sale of a 135,197-square-foot, single-tenant retail building net leased to Lowe’s in the Charlotte-area community of Concord, North Carolina. JLL marketed the property on behalf of the seller. A ...
Read More »Lowe’s donates $1M to Smithsonian museum
MOORESVILLE – Lowe’s Companies Inc. on Friday announced a $1 million donation to the Smithsonian’s National Museum of African American History and Culture. The gift will support the museum’s future and help bring thought-provoking exhibitions, artifacts, and education and public ...
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Read More »Lowe’s revenue jumps in 4Q as housing market warms
MOORESVILLE, N.C. (AP) — Lowe’s revenue for the fourth quarter beat most expectations and its profit outlook for the year did too amid a housing recovery that is sending more do-it-yourselfers through its doors. Unseasonably warm weather also meant that ...
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Read More »Lowe’s will drop joint-venture business in Australia
MOORESVILLE, N.C. (AP) — 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 ...
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Read More »Lowe’s 3rd-quarter results top Street view as sales climb
MOORESVILLE, N.C. (AP) — Lowe’s third-quarter results beat analysts’ estimates as its sales rose, buoyed by the ongoing housing market recovery. The home-improvement retailer’s performance is similar to that of rival Home Depot Inc., which posted strong quarterly results a ...
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Read More »NY settles with Lowe’s Home Center for flooring refunds
ALBANY, N.Y. (AP) — New York’s attorney general has reached a settlement with Lowe’s Home Center LLC to refund up to 10 percent of flooring installation fees paid by more than 16,000 customers. Attorney General Eric Schneiderman says Lowe’s, with ...
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Read More »Rebuilding Together to repair veteran’s home
CHARLOTTE – Rebuilding Together of Greater Charlotte will provide home repairs for a veteran at a Windsor Park home on May 7. More than 40 volunteers from Rebuilding Together and Lowe’s will provide repairs including the installation of a new ...
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Read More »Lowe’s rides improving housing market to strong 3Q
MOORESVILLE — Lowe’s third-quarter earnings jumped 17 percent as home improvement retailers continue to rebound from a tough start to the year, reaping gains from a nascent recovery in the housing market. The company also raised its full-year forecast a ...
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Read More »Are you smarter than your house?
For those of us old enough to remember the 1960s-era TV show, “The Jetsons” depicted a technologically advanced future replete with flying cars, jetpacks, robotic maids and lots of other labor savings devices. While we still have a way to ...
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Read More »Lowe’s and porch.com invite contractors to hang, and install, shingles
MOORESVILLE – Lowe’s just handed residential construction professionals in the Carolinas a source for potential business. The Mooresville-based Fortune 100 home improvement company has hooked up with porch.com – where contractors and handymen can register, advertise their services for free ...
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