You Searched For "Marvin Ellison" and got 20 results
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2 mins read
Lowe's underwent an online makeover just in time for the surge in home improvement spending by customers, CEO says
Customers have made much use of Lowe's in-store app, curbside pickup options, and other omnichannel…
Áine Cain
1 min read
Lowe's CEO Marvin Ellison addresses 'tremendous change' to stores in message to employees about this year's worker feedback survey
"In the past year, we've undergone tremendous change and growth to position us toward becoming the …
Áine Cain
1 min read
How Lowe's CEO Marvin Ellison went from making $4.35 an hour as a Target security guard to running the second biggest home-improvement retailer in the US
Ellison became CEO of Lowe's in 2018. There, he makes a base annual salary of $1.45 million with $6…
Áine Cain
2 mins read
Americans are doing less DIY. It's another worrying sign for the economy.
DIY customers are waiting "on the sidelines" for markets to improve, Lowe's CEO said.
Dominick Reuter
3 mins read
Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut
Share prices for Home Depot and Lowe's are riding high following the Fed's interest rate cut, which…
Dominick Reuter
3 mins read
People aren't spending like they used to and it's forcing companies like Nike and Walgreens to make drastic changes
American consumers are getting tighter with their wallets and pickier about deals, which means reta…
Dominick Reuter
2 mins read
Some shoppers are spending big money on 'craft ice' fridges and high-tech washing machines, Lowe's exec says
Most US consumers are dialing back and bargain-hunting, but Lowe's execs say other shoppers are tra…
Dominick Reuter
2 mins read
This winter was weirdly warm — and rough for retailers
This winter was the warmest on record. Here's how it impacted retailers.
Dominick Reuter
2 mins read
Lowe's CEO says the solution to rising theft is clear: hire and train more workers
CEO Marvin Ellison said retail theft won't likely have a material impact on the company this year, …
Dominick Reuter
3 mins read
Costco, Lowe's, Best Buy, and Tractor Supply are winning the battle against retail theft in a strikingly similar way
Costco, Lowe's, Best Buy, and Tractor Supply are succeeding in keeping an increase in retail crime …
Dominick Reuter
1 min read
Target says cuts to workers are off-limits as it hunts for up to $3 billion in savings
Target, battling a slowdown in sales growth, is looking for ways to spend less while still investin…
Dominick Reuter
2 mins read
Lowe's is trying to lure rural shoppers by copying Tractor Supply and selling livestock products, Carhartt, and Wrangler
Lowe's announced this week a "one-stop shop concept" to attract more rural customers to its stores,…
Ben Tobin
4 mins read
Starbucks' new CEO wants senior leaders to work in stores, and it's a brilliant idea
Working at the store level helps CEOs be more connected to the employees that sell their products a…
Avery Hartmans
2 mins read
Why aging homes are far more important to Home Depot and Lowe's than the summertime boom in new housing
"We're really not set up for new construction," Home Depot CEO Craig Menear said, echoing comments …
Áine Cain
2 mins read
Lowe's CEO says shoppers are shelling out big for DIY home improvement projects, but contagion fears have meant hard times for pro contractors
Lowe's CEO Marvin Ellison spoke about the home improvement consumer market in an interview with Nat…
Áine Cain
5 mins read
Retail CEO crisis: With recent shakeups at Kohl's, Adidas, Dollar General, and more, the industry's top job is suddenly the hardest to fill
At least 10 large retail companies have lost their CEOs in recent months. Experts say it's not a co…
Matthew Kish,Avery Hartmans
2 mins read
Lowe's says its website has been a huge drag on the company, but it's hopeful that an overhaul will boost its sales
"I would argue that there's not a brick-and-mortar retailer in the US that is our size that has suc…
Áine Cain
1 min read
Lowe's is giving $100 million in bonuses to frontline workers
Lowe's will also hire 20,000 seasonal workers at stores and distribution centers to account for inc…
Allana Akhtar
3 mins read
Lowe's blasts away earnings expectations as shoppers trapped indoors during the coronavirus pandemic focus on home improvement projects
CEO Marvin Ellison said he was "humbled" that so many have turned to Lowe's for "home improvement i…