Founded in 1946, Lowes is a Fortune 500 company that deals in the retail of home improvement services and appliance products and stores.Lowe’s home improvement and appliance stores have a chain of 1,840 stores in the US, Canada, and Mexico.
Lowe’s Home Improvement
According to sogtek, Lowe’s moves from a small hardware store to the 2nd largest home improvement retailer globally. Furthermore, it is also the 8th largest retailer in the U.S. and 19th largest retailer in the world.
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In 1921, the first Lowe’s store was first opened in North Wilkesboro. “Lowe’s North Wilkesboro Hardware” started from Lucius Smith Lowe who became deceased in 1940 with Ruth & Jim as successors. In the year 1940, after Lowe died, the business was inherited by his daughter Ruth but was later sold to Jim.
Jim later brought in Carl Buchan as a partner in 1943 when Lowe’s was still a small-town hardware store. The store was selling
- Work Boots
- Horse Collars.
- Wash Tubs
Both partners had a split of the company in 1952 and later Buchan became the sole owner while Lowe started out the Lowes Foods grocery store chain. After the World War II, they focused on selling only hardware, appliances, and hard-to-find building materials.
With this idea, he eliminated wholesalers to start dealing with manufacturers which brought about the permanent reputation for low prices.
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In December 2007, the company extended to Canada, as and as well in Mexico in February 2010 and North America with new 10 stores in 2012.
Lowe’s Home Improvement are of high quality and also in low prices. seize opportunities and visit the company, surly, you will get a great customer service.
Find quality service, superior products and helpful advice for all your home improvement needs at Lowe’s.
Shop Lowe’s for quality appliances, paint, patio furniture, tools, flooring, hardware and more. Lowe’s can help with all your home improvement needs.