LOWE'S ANNOUNCES STORES WILL CLOSE AGAIN ON EASTER SUNDAY TO ALLOW ASSOCIATES TO SPEND HOLIDAY WITH FAMILY

Lowe's Companies, Inc. (NYSE: LOW) announced that all stores and contact centers will close on Easter Sunday, April 9, 2023, for the fourth consecutive year.

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Rhea-AI Summary

Lowe's Companies, Inc. (NYSE: LOW) announced that all stores and contact centers will close on Easter Sunday, April 9, 2023, for the fourth consecutive year. This decision is made in appreciation of the hard work and dedication shown by their approximately 300,000 associates, enabling them to spend the holiday with family. CEO Marvin Ellison highlighted the commitment of associates in providing excellent customer service throughout the year. Although stores will be closed, Lowes.com will remain operational for customer needs.

Positive

Lowe's closes stores on Easter, allowing associates to spend time with family, emphasizing employee appreciation.
This is the fourth consecutive year Lowe's has taken this initiative, showcasing consistency in corporate culture.

Negative

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04/07/2023 - 08:00 AM EDT

Company recognizes frontline associates' hard work with holiday off for fourth straight year

MOORESVILLE, N.C., April 7, 2023 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today announced all stores and contact centers will be closed Easter Sunday, April 9, to show appreciation for its frontline associates' continued dedication to serving customers. This is the fourth consecutive year that Lowe's has closed stores on Easter to provide associates the day off.

Lowe's stores will be closed on Easter for the fourth straight year to give associates the day off to spend with family.

"I'm extremely proud of the commitment of our 300,000 associates who support our communities while providing excellent customer service not only in spring – but all year-round," said Marvin Ellison, Lowe's chairman and CEO. "In recognition of our teams' continued hard work, we are pleased to provide a well-deserved day off so they can spend Easter with their loved ones."

As always, Lowes.com will be available to serve customers on Easter Sunday.

About Lowe's

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 17 million customer transactions a week in the United States. With total fiscal year 2022 sales of over $97 billion, approximately $92 billion of sales were generated in the United States, where Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. 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.

Contact:
Steve Salazar
Lowe's Companies, Inc.
steve.j.salazar@lowes.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/lowes-announces-stores-will-close-again-on-easter-sunday-to-allow-associates-to-spend-holiday-with-family-301792374.html

SOURCE Lowe's Companies, Inc.

FAQ

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Why is Lowe's closing stores on April 9, 2023?

Lowe's is closing stores on Easter Sunday to allow associates to spend time with their families as a way to appreciate their hard work.

What is the significance of Lowe's closing on Easter?

The closure represents Lowe's commitment to employee appreciation, marking the fourth consecutive year of this initiative.

Is Lowe's open online on Easter 2023?

Yes, while physical stores will be closed, Lowes.com will remain available for online customers on Easter.

How many associates does Lowe's employ?

Lowe's employs approximately 300,000 associates across its operations.

What is the impact of this closure on Lowe's business?

The closure is a strategic decision focused on workforce well-being rather than a direct impact on revenue.

LOWE'S ANNOUNCES STORES WILL CLOSE AGAIN ON EASTER SUNDAY TO ALLOW ASSOCIATES TO SPEND HOLIDAY WITH FAMILY