October 21, 2014 11:38 PM ET

Specialty Retail

Company Overview of Lowe's Home Centers, LLC

Company Overview

Lowe's Home Centers, LLC operates home improvement stores. It retails appliances, tools, paints, lumber, and nursery products. The company offers decking products, such as composite decking and railing, and deck components; fencing products, including wood and vinyl fencing; doors, which include garage doors and openers, and patio and storm doors; and electrical products, such as breakers and wiring devices. It also provides gutters, insulation and weatherstripping products, ladders, and lattice; lumber products, including dimensional and treated lumber; masonry, molding, and plumbing products; indoor products, such as flooring, console sets, and lighting; and appliances, which include refri...

1605 Curtis Bridge Road

Wilkesboro, NC 28697

United States

Founded in 1958

Phone:

336-658-3546

Fax:

336-651-3300

Key Executives for Lowe's Home Centers, LLC

Lowe's Home Centers, LLC does not have any Key Executives recorded.

Lowe's Home Centers, LLC Key Developments

Marin Judge Orders Lowe's Home Centers to Pay $1.6 Million Settlement

Lowe's Home Centers has been ordered to pay $1.6 million to settle a lawsuit by prosecutors from Marin and four other counties alleging inaccurate and misleading advertising, the district attorney's office. The settlement, ordered by Marin Superior Court Judge Paul M. Haakenson, is the culmination of a civil enforcement action filed in Marin Superior Court and led by the district attorneys of Marin, Los Angeles, Monterey, San Joaquin and Stanislaus counties. It was alleged Lowe's stores throughout the state unlawfully advertised structural dimensional building products for sale, such as lumber, using incorrect product dimensions. In some instances, Lowe's advertisements restated misleading or inaccurate product dimensions provided by the manufacturers or suppliers. Under the settlement, Lowe's is required to immediately remove products from sale or correct false, misleading, deceptive or inaccurate product descriptions. Lowe's must pay $1.47 million in civil penalties and costs of the investigation. An additional $150,000 will be paid to fund further consumer protection-related activities including quality control and price verification programs conducted by the California Department of Food and Agriculture. The store will be bound under the terms of a permanent injunction prohibiting similar future violations of law.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 10, 2014
Lowe's Home Center, LLC, 13.5-Acre Site at 717-745 Independence Boulevard
 

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