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Shoppers Are Still Abandoning Lowe's, New Data Shows—Here's Why

Summary by Best Life
If you've cut back on spending recently, you're not alone. Grocery prices remain high, leaving many of us inclined to save extra cash for experiences, rather than spending it on big-ticket items or material goods. The home improvement sector has been directly influenced by this shift in focus following the COVID-19 pandemic, with big names like Home Depot and Lowe's both reporting dips in recent months. Now, new data shows that shoppers are stil…

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Best Life broke the news in on Wednesday, February 28, 2024.
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