Jennifer Weber, chief human resources manager at Lowe's, talks about the home improvement retailer's new initiative, "Track to the Trades." The program aims to educate the Lowe's workforce with skill trade certifications.
Lowe's is partnering with adult education company Guild Education to educate Lowe's employees. Lowe's will pay tuition costs upfront for interested employees, provide academic coaching and support, and provide placement opportunities for full-time pre-apprenticeships.
Weber notes the tuition cost is not something that employees will be asked to pay back to Lowe's. The company views this new program as an obligation to its customers and to the country.
Consumers are expected to use “buy now, pay later” payment plans heavily this holiday season, a forecast that bodes well for retailers but that has credit experts again sounding alarm bells.