As a company, Lowe's is progressively becoming more penny-pinching, so to speak.
At the turn of the year, Lowe's eliminated all VP corporate positions and about 60% of all in-store management posititions. The idea is that by downsizing a huge chunk of well-paid positions, Lowe's can save money by replacing them with cheap, inexperienced workers.
Because our superior customer service is a major selling point, associates are often pushed hard with unreasonable expectations. For example, our managers will intentionally over-book our delivery drivers to allow more expensive appliances to be sold.
Although the company may be disorganized and greedy, it's a relatively good place to work retail. The starting pay is well above minimum wage, with guarenteed annual raises. Diverse insurance options are available to both full-time and part-time associates. So long as you prove that you will work hard, the job security is relatively stable.
All in all, Lowe's is a good company if you accept it as a means to an end. I know managers that have lived healthy, wealthy lives working at Lowe's, and I know people who were downsized after 15 years of dedicated work. Work hard, take the benefits, but don't expect the company to go out of their way for you.