Lowe's
American home improvement and hardware store chain
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| April 2024 | Lowe's launched a partnership with Major League Soccer's Inter Miami CF, featuring soccer star Lionel Messi, and the 2024 Copa América. |
| 2023 | Lowe's quietly closed its customer contact centers in Wilkesboro, North Carolina and Albuquerque, New Mexico. |
| July 2023 | Rona announced it would begin replacing Lowe's with the new Rona+ banner, starting with 10 locations in Ontario. |
| June 2023 | Felix Allen, a key union organizer, was fired, resulting in multiple unfair labor practice charges filed with the NLRB against Lowe's, alleging labor law violations including surveillance, employee interrogation, and retaliation against union organizers. |
| February 3 2023 | The sale of Lowe's Canadian operations to Sycamore Partners was completed. |
| 2022 | Slight decline in performance with revenue at $97,059 million and net income dropping to $6,437 million, with store count reducing to 1,700. |
| November 2022 | Lowe's agreed to sell its Canadian operations to private equity firm Sycamore Partners for $400 million, with stores expected to be rebranded under Rona. |
| November 28 2022 | Lowe's operated 2,181 home improvement and hardware stores across North America as of this date. |
| October 2022 | 172 workers at a Lowe's store in New Orleans, Louisiana, led by Felix Allen, filed for a union election with the NLRB under the banner of Lowe's Workers United. |
| August 2022 | Lowe's announced a $55 million bonus for front-line workers and offered staff discounts on household and cleaning items in response to inflationary pressures. |
| 2021 | Peak financial performance with revenue reaching $96,250 million and record net income of $8,442 million, demonstrating strong market performance during the pandemic. |
| 2020 | Lowe's reports Total CO2e emissions at 1,971 Kt, a 6.5% reduction from the previous year, and announces plans to reduce emissions 40% by 2025 from a 2016 base year. |
| 2020 | COVID-19 pandemic likely drives substantial revenue increase to $89,597 million, with net income reaching $5,835 million and store count expanding to 2,200. |
| May 2020 | Lowe's reported quarterly sales of $27.3 billion during the May-July period, representing a significant increase from $21 billion in the same quarter of 2019. The sales surge was attributed to changing consumer buying habits during the COVID-19 pandemic. |
| March 6 2020 | Lowe's pays a $1,600,000 fine for violating California's air quality regulations, including NOx emissions from ovens and asbestos from demolition/renovation activities. |
| February 2020 | Lowe's closed 34 low-performance stores, including 26 Rona brand stores, six Lowe's stores, and two Réno-Dépôt stores. |
| 2019 | Lowe's ranked No. 42 on the Fortune 500 list. |
| 2019 | Lowe's closed its former headquarters in Wilkesboro, relocating all positions from the site. |
| June 27 2019 | Lowe's announced the construction of a $153 million, 23-story tower in Charlotte's South End neighborhood, planned to house a global technology hub and 2000 employees by 2020. |
| April 2019 | A National Labor Relations Board (NLRB) judge found that Lowe's had violated the National Labor Relations Act by illegally forbidding workers from discussing their pay. |
| April 10 2019 | Lowe's closes all 14 of its Mexican stores in various locations. |
| January 2019 | Lowe's became the official home improvement sponsor of the National Football League (NFL). |
| January 2019 | Lowe's market capitalization valued at over US$90.32 billion, with shares trading at over $116 per share. |
| January 31 2019 | End of fiscal year 2019, with annual revenue of US$72.148 billion (a 1.17% increase from previous fiscal cycle) and earnings of US$4.281 billion. |
| 2018 | Lowe's announced a $10 billion stock buyback to begin in 2019, while simultaneously trimming jobs. |
| October 2018 | Lowe's ranked No. 40 on the Fortune 500 list of the largest United States corporations by total revenue, with market capitalization valued at over $75.8 billion and shares trading at over $96 per share. |
| March 14 2018 | Lowe's announced the end of its sponsorship of the No. 48 NASCAR car, concluding all involvement in motorsports. |
| 2017 | Significant expansion with the number of stores increasing to 2,365, revenue growing to $68,619 million, and employee count rising to 290,000. |
| December 2016 | Masters Home Improvement stores closed, marking the end of the joint venture between Lowe's and Woolworths in the Australian home improvement retail market. |
| February 3 2016 | Rona accepted Lowe's offer to be acquired for CDN$3.2 billion, with the division to remain under Sylvain Prud'homme's leadership and operated from Rona's Boucherville headquarters. |
| January 2016 | Woolworths announced its intention to sell or wind up all home improvement areas, including the Masters hardware chain, after determining the venture would take years to become profitable and was incurring unsustainable ongoing losses. |
| May 11 2015 | Lowe's Canada announced the acquisition of 13 former Target Canada store leases and an Ontario distribution centre for $151 million. |
| 2014 | Class-action lawsuit filed by former and current Human Resource Managers claiming improper classification as exempt employees and denied overtime pay. |
| 2014 | Lowe's experiences substantial growth, with revenue reaching $53,417 million, net income of $2,270 million, and employee count increasing to 262,000. |
| April 17 2014 | Lowe's pays a $500,000 penalty for violations of the federal Lead Renovation, Repair and Painting (RRP) Rule, which was the largest RRP violation to date. |
| February 2013 | Lowe's Canada hired Sylvain Prud'homme, a former Walmart Canada and Loblaw Companies executive, as CEO. |
| 2011 | Lowe's invested $10 million in improvements and renovations to the Wilkesboro property, including a full-service food court, coffee shop, and health center. |
| 2011 | Lowe's opened two additional stores in Calgary, Alberta. |
| 2011 | Lowe's discontinued the Katrina Cottage line. |
| December 2011 | Lowe's withdrew its advertising from the TLC reality television show All-American Muslim, sparking widespread controversy and criticism from Muslim-American organizations, politicians, and civil rights groups. |
| August 31 2011 | First Masters Home Improvement store opened in Braybrook, Victoria, initially serving tradesmen and later expanding to the general public. The store was a joint venture between Lowe's and Woolworths to compete with Bunnings in the home improvement retail market. |
| 2010 | Lowe's reports $47,220 million in revenue with 239,000 employees and 1,710 stores, marking a significant year in the company's financial performance. |
| September 2010 | Lowe's expanded into western Canada, with one store opening in Calgary, Alberta in late September. |
| March 1 2010 | Lowe's becomes the first winner of the Energy Star Sustained Excellence Award in Retail, recognizing its contributions to reducing greenhouse gas emissions and promoting energy efficiency. |
This contents of the box above is based on material from the Wikipedia article Lowe's, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.