lowe's cos inc (LOW) Key Developments
Lowe's Cos. Inc Decides to Open Two Small Stores in Manhattan
Sep 14 15
Lowe's Cos. Inc. announced that it has decided to open two smaller home improvement stores in Manhattan. Both stores - one in the Lincoln Square area on Upper West Side at 2008 Broadway at West 68th Street and a second in Chelsea at 635 Sixth Ave. at West 19th Street - are now open. The two Manhattan stores are about 30,000 square feet each, about one-quarter the size of a typical Lowe's suburban big-box location.
Lowe's Companies, Inc. Names Jocelyn Wong as Senior Vice President and General Merchandising Manager for Seasonal Product Business Area, Effective October 12, 2015
Sep 14 15
Lowe's Companies Inc. announced that Jocelyn Wong has been named senior vice president and general merchandising manager for the company's seasonal
product business area, effective October 12, 2015. She will report to Chief Merchandising Officer Michael P. McDermott. Wong will be responsible for merchandising strategies for lawn and garden, seasonal living and outdoor power equipment divisions. She joins Lowe's from Family Dollar, where she served as SVP, chief marketing officer since 2012. Wong has more than 18 years of experience in marketing, merchandising, brand management and product innovation with well-known retail and consumer brands, including Family Dollar, Safeway, and Procter and Gamble.
Lowe's Companies Agrees to Sell $1.75 Billion in Notes
Sep 9 15
Lowe's Companies announced that it agreed to sell $250 million of floating rate notes due 2018, $750 million of 3.375% notes due 2025 and $750 million of 4.375% notes due 2045. Estimated net proceeds from this offering will be approximately $1.7 billion, after deducting offering expenses and underwriters' discounts. The company intends to use the net proceeds from the sale of the notes for the repayment of $500 million aggregate principal amount at maturity of its 5.000% notes due October 15, 2015 and for other general corporate purposes.
Lowe's Companies Inc. Presents at Goldman Sachs 22nd Annual Global Retailing Conference, Sep-09-2015 01:40 PM
Aug 29 15
Lowe's Companies Inc. Presents at Goldman Sachs 22nd Annual Global Retailing Conference, Sep-09-2015 01:40 PM. Venue: The Plaza Hotel, Central Park South, New York, NY 10019, United States. Speakers: Michael P. McDermott, Chief Merchandising Officer, Robert F. Hull, Chief Financial Officer.
Lowe's Companies Seeks Acquisitions
Aug 24 15
Lowe's Companies Inc. (NYSE:LOW) is looking for acquisition opportunities. Lowe's Companies is to sell its securities and will use the net proceeds from the sale of the securities offered by this prospectus and the applicable prospectus supplement for general corporate purposes, which may include, but are not limited to, repurchases of shares of our common stock, capital expenditures, financing of future acquisitions or strategic investments, working capital needs and redemption and repayment of outstanding indebtedness.