Unlock Your Dream Home with Lowe's: Your Ultimate Destination for Home Improvement

Lowe's is a renowned American retail company specializing in home improvement. From kitchen appliances to gardening tools, Lowe's has everything you need to make your house a home. They offer a wide range of products from trusted brands, ensuring quality and durability. Whether you're a DIY enthusiast or a professional contractor, Lowe's is your one-stop shop for all your home improvement needs.

Company Name	Lowe's Companies Inc.
Type	Public
Industry	Retail
Founded	1921
Founders	Lucius Smith Lowe, Carl Buchan
Headquarters	Mooresville, North Carolina, United States
Number of Locations	2,200+ (as of 2021)
Area Served	United States, Canada
Products	Home improvement, Appliances, Hardware, Building materials, Paint, Plumbing, Flooring, Garden supplies and plants
Services	Home improvement and construction services
Revenue	US$89.6 billion (2020)
Net income	US$5.83 billion (2020)
Number of Employees	300,000+ (2021)
Website	www.lowes.com
Subsidiaries	RONA Inc., Orchard Supply Hardware, Lowe's Canada, StainMaster, Maintenance Supply Headquarters, Central Wholesalers LLC
CEO	Marvin Ellison (since 2018)
CFO	David Denton (since 2018)
Stock Symbol	LOW
Stock Exchange	NYSE
ISIN	US5486611073

Broad product range

Lowe's offers an extensive range of products in categories such as appliances, bathroom, building supplies, electrical, flooring, hardware, heating & cooling, home decor & furniture, kitchen, lawn & garden, lighting & ceiling fans, outdoor living, paint, plumbing, tools, and windows & doors. This wide variety ensures that you can find everything you need for your home improvement projects under one roof. Read more

Quality Assurance

With Lowe's, you can rest assured about the quality of products. The store only stocks items from reputable manufacturers who are known for their high-quality products. This means you can trust that your investment in a product from Lowe's will be durable and long-lasting. Read more

Competitive Pricing

Lowe's is known for offering competitive prices on all their products. They constantly monitor the market to ensure they are giving you the best deal possible. Plus, they often run sales and promotions, offering even more savings on popular items. Read more

Expert Staff

Lowe's staff are not just salespeople, they're home improvement experts. They have a deep understanding of the products and can provide valuable advice and guidance to help you make the right choice for your specific needs. Read more

Convenient Shopping Options

Lowe's offers several convenient ways to shop. You can visit one of their physical stores, order online for home delivery, or use their click and collect service. This flexibility makes it easy to shop in a way that suits your lifestyle. Read more

Reliable Customer Service

Lowe's is known for its excellent customer service. Whether you need help with product selection, installation, or after-sales service, their dedicated team is always ready to assist you. Read more

Easy Returns and Exchanges

Lowe's has a straightforward and hassle-free return and exchange policy. This means if you're not completely satisfied with your purchase, you can easily return or exchange it. Read more

Lowe's Advantage Card

Lowe's offers a store credit card, the Lowe's Advantage Card. Cardholders can enjoy exclusive benefits such as special financing, discount offers, and the ability to manage their account online. Read more

Professional Installation Services

Lowe's offers professional installation services for many of their products. Their team of skilled installers can ensure your new purchase is installed correctly and efficiently, saving you time and effort. Read more

Lowe's Protection Plans

For added peace of mind, Lowe's offer protection plans on many of their products. These plans cover costs for repairs or replacements that go beyond the manufacturer's warranty, ensuring your investment is protected for years to come. Read more

Facts

1. The Humble Beginnings:

Believe it or not, Lowe's started as a small-town hardware store in North Wilkesboro, North Carolina, back in 1921. Originally named Lowe's North Wilkesboro Hardware, it was founded by L.S. Lowe and his son Jim. It's hard to imagine that this small-town store would grow into one of the largest home improvement retailers in the world.

2. Rapid Expansion:

In 1952, Jim Lowe and his brother-in-law, Carl Buchan, began to focus on the home improvement business. The strategy paid off, and by the 1960s, Lowe's had expanded to numerous locations and was taking on larger competitors. The rapid expansion has continued up to this day, with Lowe's now boasting over 2,200 stores across North America.

3. More Than Just a Store:

Not only does Lowe's provide the tools and materials for your home improvement needs, but they also offer a wide range of services. From installation services to expert advice and even financing options, Lowe's truly is a one-stop-shop for homeowners and professionals.

4. Innovation at the Forefront:

Lowe's has always been at the forefront of innovation. They were one of the first retailers to use a computer to track inventory back in the 1960s. Today, Lowe's Innovation Labs are constantly working on the next big thing in retail, from virtual reality design tools to robots in their stores.

5. Commitment to the Community:

Lowe's is not only committed to its customers but also to the communities in which it operates. Through the Lowe's Charitable and Educational Foundation, the company has donated millions to public schools and community organizations across the country.

6. Lowe's Loves the Environment:

Lowe's takes being green seriously. The company has won multiple ENERGY STAR awards for their efforts in promoting energy-efficient products. They also offer a range of sustainable products and have recycling programs in place in their stores.

7. The Lowe's Effect:

Did you know that the success of Lowe's has had a ripple effect on the economy? The company has created thousands of jobs and contributed to the growth of many local economies. Plus, the availability of home improvement products and services has helped many people increase the value of their homes.

8. Lowe's and NASCAR:

Lowe's has a long history with NASCAR. The company has sponsored several drivers and even has a speedway named after it. The Lowe's Motor Speedway in North Carolina is a testament to the company's love for speed and competition.

9. A Haven for DIYers:

For do-it-yourself enthusiasts, Lowe's is a paradise. With a wide variety of products, from paints and power tools to garden supplies and home decor, there's something for every DIY project. Plus, their helpful staff are always on hand to provide advice and tips.

10. Fortune 500 Company:

Lowe's is not just a big player in the home improvement industry; it's also a Fortune 500 company. This is a testament to its successful business model, dedicated employees, and commitment to customer satisfaction.

Vocabulary

Home Improvement – The process of renovating or making additions to one's home.

Hardware Store – A retail business that specializes in products needed for home repair and improvements.

Lowe's Companies Inc. – An American retail company specializing in home improvement.

Building Materials – A substance used for construction.

Appliances – Devices or machines with a particular function, typically a domestic one.

Tools – A device or implement used to carry out a particular function.

Flooring – The material that makes up the surface of a room on which one stands.

Electrical – Related to, operating by, or involving electric current.

Plumbing – The system of pipes, tanks, fittings, and other apparatus required for the water supply, heating, and sanitation in a building.

Paint – A colored substance which is spread over a surface and dries to leave a thin decorative or protective coating.

Outdoor Power Equipment – Machines used for outdoor maintenance activities like gardening, landscaping etc.

Home Decor – Interior decoration. The style of decoration of a room, building.

HVAC Systems – Heating, ventilation, and air conditioning system in a building.

Lighting – Equipment in a home, workplace, etc., that provides light.

Kitchen & Bath – Sections within home improvement stores specializing in kitchen and bathroom fixtures and accessories.

Lumber – Wood in any of its stages from felling to readiness for use as structural material for construction.

Garden Center – A place where plants and garden supplies are sold.

Doors & Windows – Building components used to block off, secure and allow access to an enclosed area.

Lowe's Home Improvement App – The official mobile app of Lowe's for shopping and home improvement project planning.

ProServices – Lowe's department dedicated to serving professional customers.

In-Store Services – Services provided in physical Lowe's stores, such as key cutting, window installation, etc.

Lowe's Installation Services – Professional services for the installation of various home products and appliances.

Lowe's Protection Plans – Extended warranty plans offered by Lowe's for their products.

Lowe's Credit Card – A store-branded credit card specifically for Lowe's purchases.

MyLowe's – A customer loyalty program that offers benefits and perks for frequent shoppers.

Lowe's for Pros – A section of Lowe's dedicated to professional contractors, offering bulk rates and specialized selections.

Smart Home – A home equipped with lighting, heating, and electronic devices that can be controlled remotely by smartphone or computer.

Lowe's Weekly Ad – Advertising flyer released by Lowe's showcasing their latest deals and promotions.

DIY – Stands for "Do It Yourself", a concept of undertaking home improvement or repair tasks by oneself without professional help.

Lowe's Project Calculators – Online tools provided by Lowe's to help customers estimate the cost and materials needed for various home improvement projects.