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LOW Lowes Companies Inc

226.985
-1.01 (-0.44%)
Last Updated: 16:14:37
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
  -1.01 -0.44% 226.985 228.18 225.47 227.36 382,496 16:14:37

Lowe's Plans to Hire More Than 65,000 This Year

04/01/2019 7:53pm

Dow Jones News


Lowes Companies (NYSE:LOW)
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By Michael Dabaie

 

Lowe's Cos. (LOW) said Friday it plans to hire more than 65,000 associates this year.

The hires would include more than 50,000 seasonal positions, as well as nearly 10,000 permanent associates who would be part of its merchandising service team, focused on inventory management.

As part of its strategic effort, home-improvement retailer Lowe's said it has reduced some in-store support functions, including discontinuing the Project Specialist Interiors program.

Lowe's said its hiring plans also include about 6,000 full-time assistant store manager and department supervisor roles and more than 2,000 technology roles. The first 500 of these technology positions will be posted and filled throughout 2019, company said.

Shares of Lowe's were recently up about 3% to $93.80.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

January 04, 2019 14:38 ET (19:38 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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