Lowe's Expands Support of the Military with Year-Round Discount
10 Percent Discount for Active, Reserve, Retired and Disabled
Military Personnel and Immediate Family Members
MOORESVILLE, N.C.--(BUSINESS WIRE)--
Lowe's Companies, Inc. announced today it will expand its support of the
military by offering an all day, every day 10 percent discount to all
military personnel who are active, reserve, retired or disabled veterans
and their family members, with a valid, government-issued military ID
card.
All other military veterans will receive the discount on the Memorial
Day, Fourth of July and Veterans Day weekends.
"Lowe's was founded on the heels of World War II by veterans Jim Lowe
and Carl Buchan and has always been a supporter of the military," said
Larry D. Stone, Lowe's president and chief operating officer. "The
year-round discount program is one way we are reaffirming our commitment
to the thousands of men and women who are serving throughout the world,
as well as their family members at home."
The discount is available on in-stock and Special Order purchases up to
$5,000. Excluded from the discount are sales via Lowes.com, previous
sales, and purchases of services or gift cards.
While Lowe's has had a military discount program in the past during
select times of year, the new policy will allow those who are serving to
benefit from the discount whenever they need it the most.
"What a great way to say thank you," said Sloan Gibson, president and
CEO of the USO. "We salute Lowe's for the company's commitment to
helping military personnel and their families who served and continue to
serve our nation."
The USO was also selected as one of the beneficiaries of the Lowe's
Employee Giving Campaign in January. This initiative allows Lowe's
employees to donate directly from their paychecks to support those who
are serving our country.
In addition to offering military discounts at specific times during the
year, Lowe's has extended benefits for its employees serving in the
military and offers employment opportunities to military personnel after
their military service has ended. Currently, more than 12,000 Lowe's
employees are military veterans or reservists.
About Lowe's
With fiscal year 2008 sales of $48.2 billion, Lowe's Companies, Inc. is
a FORTUNE(R) 50 company that serves approximately 14 million customers a
week at more than 1,700 home improvement stores in North America.
Founded in 1946 and based in Mooresville, N.C., Lowe's is the
second-largest home improvement retailer in the world. For more
information, visit Lowes.com. Follow us on Twitter @Lowes or on Facebook
at www.facebook.com/lowes.
Source: Lowe's Companies, Inc.