Impact of pandemic on Lowe’s sales and growth opportunities

Impact of pandemic on Lowe's sales and growth opportunities
The pandemic significantly boosted Lowe's sales. The company saw a surge in demand for home improvement products. As more people stayed home, they invested in renovating and upgrading their living spaces. Lowe's capitalized on this trend by shifting focus to e-commerce. Despite challenges, the company found growth opportunities in online sales. The shift to digital platforms helped reach a wider customer base. Lowe's invested in improving its website and mobile app for a better shopping experience. The company also enhanced its delivery services to meet increasing online orders. Overall, Lowe's adapted to the changing landscape and emerged stronger amid the pandemic.
Read more