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LOW Lowes Companies Inc

227.52
-0.47 (-0.21%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Lowes Companies Inc NYSE:LOW NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.47 -0.21% 227.52 230.99 225.47 227.36 1,713,956 01:00:00

Lowe's Canada to phase out sale of corded window coverings by 2018

22/11/2016 2:00pm

PR Newswire (Canada)


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BOUCHERVILLE, QC, Nov. 22, 2016 /CNW/ - Lowe's Canada is officially announcing its commitment to phase out the sale of corded window coverings by 2018 – a commitment that will be respected by all its banners, including Lowe's, RONA and Réno-Dépôt. This announcement is the conclusion of a process which began one year ago in order to comply with Health Canada requirements.

"Lowe's Canada takes the concerns of its customers very seriously, and the safety of products sold by our stores and various banners is our top priority," said Alain Brisebois, Executive Vice President, Affiliate Dealers and Operations Central Services, at Lowe's Canada. "We require our suppliers to comply with industry norms and the standards established by Health Canada. This is why the window coverings sold in our stores are tested in independent laboratories to ensure their compliance with or superiority to the requirements in effect."

Lowe's works with manufacturers to make cordless products more accessible to all consumers and continues to promote their advantages for households with young children. The company also intends to expand its selection of cordless products in all window covering categories.

About Lowe's Canada
Lowe's Companies Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 17 million customers a week in the United States, Canada and Mexico. With fiscal 2015 sales of US$59.1 billion, Lowe's and its affiliate businesses operate more than 2,355 home improvement and hardware stores and employ more than 285,000 people. Based in Boucherville, Quebec, Lowe's Canadian businesses, including RONA, a wholly owned subsidiary, operate more than 535 corporate and independent affiliate dealer stores in a number of complementary formats under different banners. These include Lowe's, RONA, Réno-Dépôt, Marcil, Dick's Lumber and Ace. In Canada, these businesses have more than 24,000 employees as well as more than 5,000 employees who work for RONA's independent affiliate dealers. For more information, visit Lowes.ca.

SOURCE Lowe's Canada

Copyright 2016 Canada NewsWire

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