CEO Robert Niblock

On August 17, 2009, Robert Niblock said Lowe's is scaling back it's expansion. "Consumers are only taking on home improvement projects that they feel are absolutely necessary and are postponing discretionary projects until clarity about the future returns," Niblock said in a conference call. The company said it is scaling back expansion plans in 2010 . The company now expects to open 35 to 45 stores during the year. It said it is also taking a $48 million charge for canceling plans for opening about 80 new stores that had been in the pipeline over the next few years. Eight days later..... On August ... Read Full Story

Wal-Mart joined with a large union and a liberal think tank on Tuesday to endorse the idea of an employer mandate in health care reform, setting the major retailer apart from most other businesses. The Retail Industry Leaders Association (RILA) hosted its semi-annual Board of Directors meeting this week in Washington DC. Robert A. Niblock, Chairman & Chief Executive Officer, Lowe's Companies, Inc. also serves as Chairman of the RILA Board of Directors. RILA opposes legislation that would mandate coverage for specific health benefits, force employers to provide a specific level of coverage, or that would otherwise result in increased costs to retailers. Read ... Read Full Story

In its Holiday 2007 catalog, containing 56 pages of Christmas gifts, Lowe's advertises hundreds of gift items, including scores of "Family trees." In fact, the word "Christmas" only appears two times in the entire holiday catalog. And it doesn't stop there. In 2005, Lowe's created a similar controversy by referring to Christmas trees as "Holiday Trees" During the 2008 season, Lowe's received bad press for allegedly firing an employee because she wore a Christmas pin to work. Read more at www.RedAprons.com Read Full Story

AppState put out a short article about Mr Niblock's speach at the CEO lecture series.  Sounds like Niblock focused on a CEO's sense of integrity and leadership potential.  Here is an exerpt of the appstate.edu article BOONE—It’s up to the next generation of business leaders to restore the public’s faith in corporate America, said Lowe’s Companies chairman and CEO Robert Niblock. Speaking to students and guests at the Harlan E. Boyles Distinguished CEO Lecture Series at Appalachian State University, Niblock said the characteristic of integrity has always been and will continue to be important to successful business leaders. “When you look at the avalanche ... Read Full Story

Forbes published Niblock's yealy compensation at $5.5 million (USD). Not bad! Robert A Niblock's Compensation Vs. Retailing Medians Salary   $0.85 mil     $1.02 mil Bonus $2.55 mil $1.24 mil Other $0.35 mil $0.73 mil Stock Gains $1.74 mil $0.00 mil   Total Compensation $5.50 mil   $4.25 mil Read Full Story