Lowe’s Expands $250 Million Investment in Tradespeople Training

The goal for the program is to train 250,000 people to work in the building trade by the year 2035. Working through its foundation, the new Lowe’s initiative is building on earlier efforts by the giant retailer to train 50,000 people. The initial investment was for $50 million in 2023 and so far, it has […]

Lowe’s HomeCare+ Offers Homeowners New Way to Maintain Homes

The new subscription plan gives consumers a choice of seven in-home services for an annual flat fee. Give Lowe’s credit for coming up with a way to allow homeowners to do home repairs at a fixed annual cost. The HomeCare+ program provides for up to two visits a year by Lowe’s workers to do repairs […]

Home Depot and Lowe’s Doubling Down on Pro Business

With the overall new construction market, as well as big DIY projects still stalled, the two largest national chains are prioritizing the professional contractor sector. In reporting their most recent quarterly results—which together point to continuing tough conditions in the building trade—both Depot and Lowe’s said they see their pro sectors continuing to expand and […]

Lowe’s and Home Depot Numbers Offer Encouragement

The two big DIY doppelgangers each reported better financial results for their recent quarters and that’s good news. The home improvement and remodeling business is not exactly out of the woods yet but signs continue to emerge that the long-anticipated bottoming-out has occurred and the upswing is starting. Both Depot and Lowe’s showed small gains […]