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LOW Lowes Companies Inc

225.795
-2.20 (-0.96%)
Last Updated: 15:41:36
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
  -2.20 -0.96% 225.795 228.18 225.47 227.36 293,569 15:41:36

Lowe's to Add Supply-Chain Operations, Including Fulfillment Centers

12/08/2020 12:46pm

Dow Jones News


Lowes Companies (NYSE:LOW)
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From May 2019 to May 2024

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By Dave Sebastian

 

Lowe's Cos. Inc. plans to expand its supply-chain operations over the next 18 months, including opening a second e-commerce fulfillment center in Mira Loma, Calif., in October.

Lowe's also plans to open 50 cross dock delivery terminals, seven bulk distribution centers and four fulfillment centers, it said Wednesday. It expects to open 20 delivery terminals in the second half of the fiscal year.

The home-improvement company opened its first e-commerce fulfillment center in Nashville, Tenn., in 2018. The company set aside $1.7 billion that year to expand its distribution network through 2023.

 

Write to Dave Sebastian at dave.sebastian@wsj.com

 

(END) Dow Jones Newswires

August 12, 2020 07:31 ET (11:31 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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