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press release

April 7, 2020, 7:05 a.m. EDT

Lowe's announces stores will close on Easter Sunday, April 12

Home improvement retailer says 'thank you' to 300,000 associates who have worked tirelessly to support communities during COVID-19 pandemic by providing essential products, services

MOORESVILLE, N.C., April 7, 2020 /PRNewswire/ -- Lowe's Companies, Inc. /zigman2/quotes/205563664/composite LOW +0.09% announces all stores and distribution centers in the United States and Canada will be closed on Easter Sunday, April 12.

"Our ability to support communities with essential goods and services during this pandemic is thanks to our outstanding, dedicated associates," said Marvin Ellison, Lowe's president and CEO. "We want to provide our teams with a much-deserved day off to spend Easter Sunday with their families and loved ones and recharge. We will take steps to ensure that no hourly associate loses scheduled hours or has a reduction in pay as a result of closing on Sunday. I want to personally thank our 300,000 associates who have helped families stay safely at home. Their actions are nothing short of heroic."

Today's announcement builds on previously shared updates in response to COVID-19, such as temporarily increasing wages through the month of April and providing a special payment for hourly associates and ensuring they have masks and gloves available for associates who request them.

"We continue to listen to our associates' and customers' feedback and make necessary adjustments to help keep everyone in our stores safe during this unprecedented time," Ellison said.

Operational changes include more third-party cleaning shifts as well as updates to support social distancing guidelines, such as: enhanced curbside pick-up, customized Plexiglass shields at all registers, in-store social distancing markers, dedicated social distance ambassadors to monitor customer flow and adhere to guidelines, regular overhead announcements and adjusted store layouts.

For detailed information about Lowe's response, visit newsroom.lowes.com .

About Lowe's Lowe's Companies, Inc. /zigman2/quotes/205563664/composite LOW +0.09% is a FORTUNE® 50 home improvement company serving approximately 18 million customers a week in the United States and Canada. With fiscal year 2019 sales of $72.1 billion, Lowe's and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ approximately 300,000 associates. Founded in 1946 and based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com.

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SOURCE Lowe's Companies, Inc.

Copyright (C) 2020 PR Newswire. All rights reserved

/zigman2/quotes/205563664/composite
US : U.S.: NYSE
$ 128.12
+0.11 +0.09%
Volume: 8.00M
May 28, 2020 4:00p
P/E Ratio
21.62
Dividend Yield
1.72%
Market Cap
$96.65 billion
Rev. per Employee
$230,029
loading...
/zigman2/quotes/205563664/composite
US : U.S.: NYSE
$ 128.12
+0.11 +0.09%
Volume: 8.00M
May 28, 2020 4:00p
P/E Ratio
21.62
Dividend Yield
1.72%
Market Cap
$96.65 billion
Rev. per Employee
$230,029
loading...

Comtex
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