Lowe’s Acquires Foundation Building Materials for $8.8 Billion
Lowe's has completed its $8.8 billion acquisition of Foundation Building Materials (FBM), a move aimed at boosting its offerings...
Lowe’s
Home Depot Launches Digital Project Planning Tool for Professional Contractors
In a bid to attract professional customers, Home Depot has launched its Project Planning tool, allowing users to plan,...
Lowe’s Embraces AI for Business Transformation and Customer Experience
Lowe's is using AI to drive market share and improve experiences as part of its broader business transformation strategy....
Retail Leaders Invest in AI but Struggle with Implementation
In a recent study, it's revealed that most business leaders have embraced AI investments, but the return on investment...
Simplifying Lowe’s Loyalty Programs to Boost Customer Frequency
In an effort to boost customer frequency, Lowe's has introduced dual loyalty programs for homeowners and professional contractors, focusing...
Lowe’s Launches Creator Network to Engage Millennials and Gen Z
Lowe's is launching a new initiative to tap into the growing influence of creators in the digital advertising market....
AI Boosts Customer Experience and Employee Productivity in Home Improvement Retailers Lowe’s and The Home Depot
Lowe's and The Home Depot are crediting AI projects for improving customer and employee experiences as they expand access...
Ikea Revamps Rewards Program for Enhanced Customer Engagement
Ikea is updating its rewards program to allow customers to earn points throughout their entire shopping journey, not just...
Retail Roundup: Board Changes, Major Acquisitions, and Legal Challenges
In a week packed with retail news, major companies like Under Armour and Revlon make headlines with key leadership...
Lowe’s Acquires Artisan Design Group for $1.3B to Boost Professional Offerings
Lowe's is acquiring Artisan Design Group to tap into the growing demand for homes in America, as more than...