Lowe’s Companies, Inc. history, profile and corporate video
Lowe’s Companies, Inc. is an American home improvement retailer headquartered in Mooresville, North Carolina, U.S.
The company’s origins date back to the opening of North Wilkesboro Hardwar, the first Lowe’s store, which was opened in North Wilkesboro, North Carolina, in 1921 by Lucius Smith Lowe.
After Lowe died in 1940, L. S. Lowe’s son, Jim Lowe, takes over the hardware store.
In 1943, Jim Lowe offered his brother-in-law, Carl Buchan, part ownership in the company.
North Wilkesboro Hardware changed its name to Lowe’s Hardware, in 1946.
In 1952, Carl Buchan became the sole owner of Lowe’s. However, Lowe’s name remained the same.
The company offers an extensive selection of products – from home maintenance and repairs to remodeling and decorating. It also provides installing services for windows, floors, roofing, appliances etc., as well as financing services.
With more than 320 000 employees, Lowe’s Companies, Inc. is considered one of the largest hardware chains in the U.S., as well as one of the largest in the world. According to Forbes, it is considered one of the world’s most valuable brands, one of the top regarded companies, and one of the top 2000 largest public companies in the world.
*Information from Forbes.com, Wikipedia.org, and ”corporate.lowes.com”.
**Video published on YouTube by “Lowe’s Home Improvement“.