Home Improvement Demand in 2024 Expected to Rebound Despite Temporary Slump, Says Lowe’s CEO

Atlanta, Georgia – Home improvement projects may not see a significant uptick this year, but experts believe that the current slowdown will only be temporary. Lowe’s, a major home improvement retailer, remains optimistic despite reporting a 6.2% decline in comparable sales for the quarter ending Feb. 2. The company anticipates a further 2% to 3% decrease in comparable sales for the entire year of 2024. Several factors contribute to the sluggish demand for home improvement …

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Shoplifter shot dead at Lowe’s hardware store

New Castle, Del.- A 28-year-old man was suspected of shoplifting at a Lowe’s hardware store in New Castle, Delaware. The man was fatally shot by two state troopers on Thursday morning, according to Delaware State Police. The incident occurred just before 7:30 a.m. at the store situated on Hessler Boulevard. The police were responding to a shoplifting call when they reportedly saw the man, identified as a known fugitive, exiting the store with a cart …

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