Lowe's Extends Welcome to Online Affiliates
Lowe's supports e-fairness legislation
MOORESVILLE, N.C.--(BUSINESS WIRE)--
Lowe's Companies, Inc. (NYSE: LOW) announced an invitation to small
businesses participating in online retailer affiliate programs.
"Lowe's is committed to the communities where we do business," said
Gihad Jawhar, vice president of Lowes.com. "We sincerely hope businesses
will consider Lowe's as a partner."
Lowe's program supports small businesses that refer online consumers to
Lowe's products for a fee. Affiliates interested in applying to work
with Lowes.com should follow the directions posted on http://bit.ly/i4XKlu.
In a related matter, Lowe's supports online retail tax fairness
legislation and commends Illinois Gov. Pat Quinn on signing e-fairness
legislation into law with hopes it will be adopted throughout the
country. Lowe's believes a change in the law could help communities with
an increased tax base and create a fair environment for all retailers.
In light of e-fairness legislation, some online-only retailers have
indicated they will terminate their relationship with affiliates in
states enacting the legislation, a move that could put thousands of
small businesses at risk. Lowe's currently collects and remits sales tax
for all retail operations, including Lowes.com.
About Lowe's
With fiscal year 2010 sales of $48.8 billion, Lowe's Companies, Inc. is
a FORTUNE(R) 50 company that serves approximately 15 million customers a
week at more than 1,725 home improvement stores in the United States,
Canada and Mexico. 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.
Source: Lowe's Companies, Inc.
