✉news BusinessRetail first seen 3 h ago, last 1 h ago, peak #30
Lowe's launches new service in bid to win back customers
Original: Lowe’s launches a new service as it works to win back customers
Lowe's has launched a new service as the home improvement retailer works to win back customers. The company is trying to reverse weak traffic amid a slowdown in home improvement spending, as consumers put off big renovation projects and rival Home Depot continues to compete for the same shoppers. Details of the service and early customer reaction remain limited.
Why now: Lowe's is under pressure from slowing home improvement demand and competition, so a new offering aimed at regaining customers is drawing attention.
Evidence
- Lowe’s launches a new service as it works to win back customers · thestreet.com
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