Marvin Ellison | Beijing 2022 Winter Games

FILE - This June 9, 2015 file photo shows Brian Niccol, CEO of Chipotle, during an interview at The Associated Press in New York. Pay packages rose yet again in 2020 for the CEOs of the biggest U.S. companies, even though the pandemic sent the economy to its worst quarter on record and slashed corporate profits around the world. (AP Photo/Mark Lennihan, File)

CEO pay rises to $12.7M even as pandemic ravages economy

By Stan Choe May. 28, 2021 08:05 AM EDT

FILE - A customer covers face as he walks to a Lowe's home- improvement store in Vernon Hills, Ill., Wednesday, Feb. 3, 2021. Lowe’s Cos. extended its strong sales streak through the holiday season as customers kept investing in their homes during the pandemic. The nation’s second largest home improvement retailer behind Home Depot reported that fourth-quarter profits almost doubled from a year ago, while sales rose 27%. (AP Photo/Nam Y. Huh)

Lowe's 4Q results surge as people plow money into homes

By Anne D'innocenzio Feb. 24, 2021 09:20 AM EST

FILE - In this March 22, 2020 file photo, customers wearing masks walk into a Lowe's home improvement store in the Canoga Park section of Los Angeles. Lowe's announced Wednesday, Oct. 7, 2020 that it is handing out another round of bonuses to recognize its front-line employees in light of the COVID-19 pandemic. (AP Photo/Mark J. Terrill)

Sales surge at Lowe's as the homebound take on more projects

By Michelle Chapman Nov. 18, 2020 07:53 AM EST

FILE- In this March 22, 2020 file photo customers wearing masks walk into a Lowe's home improvement store in the Canoga Park section of Los Angeles. A massive surge in online sales and increased business at its U.S. stores helped push Lowe’s second-quarter performance above analysts’ estimates. Similar to rival Home Depot, Lowe’s Cos. has experienced stronger interest in its products as people continue to stay home amid the virus outbreak. (AP Photo/Mark J. Terrill, File)

DIY projects ramp up in pandemic, and so do sales at Lowe's

By Michelle Chapman And Anne D'innocenzio Aug. 19, 2020 07:00 AM EDT

FILE - In this Tuesday, Aug. 4, 2020 file photo, people walk through the parking lot at a Target store in Oklahoma City. Target has reported that its sales as measured by a key metric registered their strongest performance to date for the company’s fiscal second quarter. It's the latest evidence that big-box stores are becoming consumers' prime shopping destinations during the pandemic. (AP Photo/Sue Ogrocki, File)

Target sales surge as Americans lean on big box stores

By Anne D'innocenzio Aug. 19, 2020 06:49 AM EDT

Brands weigh in on national protests over police brutality

By Lindsey Bahr And Anne D'innocenzio Jun. 02, 2020 12:01 AM EDT

Brands weigh in on national protests over police brutality

By Lindsey Bahr And Anne D'innocenzio Jun. 01, 2020 06:57 PM EDT

FILE - In this March 22, 2020 file photo, customers wearing masks walk into a Lowe's home improvement store in the Canoga Park section of Los Angeles. Lowe’s move to revamp its outdated online business in recent months paid off during the first quarter, as shut-in shoppers shifted to its online services for supplies for their do-it-yourself home projects during the pandemic. The nation’s second-largest home improvement retailer behind Home Depot saw an 80% increase in online sales for the quarter, reported Wednesday, May 20. (AP Photo/Mark J. Terrill)

Lowe's retooled online business pays off during the pandemic

By Anne D'innocenzio May. 20, 2020 12:28 PM EDT

Chart shows same-store sales for J.C. Penney since 2006; 2c x 4 inches;

Pandemic claims another retailer: 118-year-old J.C. Penney

By Anne D'innocenzio May. 15, 2020 06:46 PM EDT