What the Lowes TV commercial - Update is about.
The Lowe's TV Spot, 'Update' is a captivating and informative advertisement promoting the wide range of home improvement products and services offered by Lowe's. The TV spot features a couple who have recently purchased a new home and are looking to update their bathroom.
The advertisement begins with the couple standing in their outdated bathroom, discussing their desire to modernize the space. An expert from Lowe's then appears, offering suggestions on how they can transform their bathroom, including new lighting, a fresh coat of paint, and new hardware.
As the TV spot progresses, the couple is shown selecting various products from the wide range of options available at Lowe's, including stylish sinks, faucets, and lighting fixtures.
The Lowe's TV Spot, 'Update' effectively showcases its extensive range of products and services and highlights the expertise of Lowe's staff in providing customers with personalized advice on home improvement projects. Overall, the Lowe's TV Spot, 'Update' is a compelling advertisement that encourages viewers to consider Lowe's for their home renovation needs.
Lowes TV commercial - Update produced for
Lowe's
was first shown on television on September 5, 2013.
Frequently Asked Questions about lowe's tv spot, 'update'
A few highlights: NFL players Christian McCaffrey, Dak Prescott and Travis Kelce star in the latest from Lowe's. Kelce also appears, along with his brother Jason, in a Campbell's Chunky commercial.
A Lowe's employee resigned after a viral TikTok showed him struggling to retrieve a large box. That TikTok, which has 3.7 million views, shows the employee screaming for help. Lowe's said it took "prompt action" following the TikTok video, but did not elaborate.
The Vanguard Group, Inc.
Top 10 Owners of Lowe's Companies Inc
Stockholder | Stake | Shares owned |
---|
The Vanguard Group, Inc. | 8.53% | 49,973,853 |
BlackRock Fund Advisors | 4.57% | 26,805,336 |
SSgA Funds Management, Inc. | 4.31% | 25,223,923 |
JPMorgan Investment Management, I... | 3.36% | 19,692,602 |
Lowe's has rehired a Georgia employee who had been fired by the home improvement chain after she attempted to stop shoplifters, getting a black eye in the process. Her firing sparked a social media backlash against the company, with hundreds of Facebook users posting criticisms.
A Lowe's employee resigned after a viral TikTok showed him struggling to retrieve a large box. That TikTok, which has 3.7 million views, shows the employee screaming for help. Lowe's said it took "prompt action" following the TikTok video, but did not elaborate.
Sycamore Partners
NEW YORK, Feb. 3, 2023 /PRNewswire/ -- Sycamore Partners, a private equity firm specializing in retail, consumer, and distribution-related investments, today announced that it has completed its acquisition of Lowe's Canadian retail business, which will now operate under the name RONA inc.
Hedge funds don't have many shares in Lowe's Companies. Our data shows that The Vanguard Group, Inc. is the largest shareholder with 8.8% of shares outstanding. BlackRock, Inc. is the second largest shareholder owning 7.3% of common stock, and State Street Global Advisors, Inc.
While the company flourished in the springtime as consumers made way through home improvement projects, Lowes is expecting DIY discretionary spending to slow down for the second half of the year. This is the result of people enjoying their summer and fall/winter weather getting in the way of new projects.
The Lowes employee, Donna Hansbrough was fired for attempting to stop the theft. Lowes stated that Donna's actions (grabbing the cart) was a violation of their policy and Donna was terminated as a result. Donna had worked for Lowes for 13 years. Two of the three suspects are at large.
$400 million deal expected to close in 2023
Lowe's Companies, Inc. is selling its Canadian retail business to New York-based private equity firm Sycamore Partners for $400 million US plus a performance-based deferred consideration.
Yesterday we reported that 10 Lowe's stores in Ontario have had their official debut as RONA+ locations. The new brand is expected to completely replace the former Lowe's stores in Canada.
The Vanguard Group, Inc.
Shareholders
Name | Equities | % |
---|
9,697.55 % | 55,966,009,271 | 9,697.55 % |
The Vanguard Group, Inc. 8.802 % | 50,799,022 | 8.802 % |
Fidelity Management & Research Co. LLC 2.665 % | 15,380,586 | 2.665 % |
JPMorgan Investment Management, Inc. 2.596 % | 14,981,864 | 2.596 % |