Lowe's Home Improvement Stores

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Company Overview

Lowe's is a publically traded home improvement store chain with locations all over the United States. In 2007, the first international location opened in Canada. More international locations will open in Australia. Lowe's ranks at number 48 on the Fortune 500 list, and it is the world's second largest home improvement franchise.

The first Lowe's opened in 1921 in North Carolina as a family business. The company went public 40 years later in 1961. Lowe's divisions are divided by geographic region. Stores vary in size based on location and profits. Profitable stores in populated geographic areas tend to be larger. In total, Lowe's employs over 200,000 people. The company's headquarters is still in North Carolina.

What Can I Buy?

Lowe's stores are designed primarily for people who are looking for do-it-yourself home improvement projects. The store also provides services for financing, installation, and international services. In general, customers can go to Lowe's with nothing more than a plan, concept, or idea. Sales associates are trained to help customers find tools, instructions, and projects. Different stores will employ associates of different skill levels.

Examples of items available for purchase at Lowe's include:

  • Electronics
  • Toolsets
  • Drills
  • Outdoor heating
  • Small appliances
  • Large Appliances
  • Seasonal Decorations
  • Items for cleaning

Lowe's also provides customers with tips for different rooms in addition to how-to guides for business and home customers. Customers who choose to buy online have the option to pick up their orders within 30 minutes from a local store. Unlike The Home Depot, Lowe's products are not necessarily designed for construction professionals and contractors. Lowe's offers commercial services for all kinds of business by providing supply and contractor packages. Lowe's will also provide services to assess the unique needs of different businesses.

Environmental Activities

Lowe's has received awards for the company's commitment to reducing greenhouse gas emissions, reducing carbon footprints, educating consumers, and promoting products that are energy-efficient. Lowe's creates educational reports on energy, carbon, water, landscaping, and wood.

Last Updated: January 20, 2012
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