Overview
Description
Lowe's Companies Inc. is a prominent player in the retail industry, specializing in home improvement products and services. Established in 1946, Lowe's operates a vast network of retail stores across the United States and Canada, catering primarily to homeowners, renters, and professional contractors. The company's offerings encompass a wide range of categories, such as building materials, appliances, tools, hardware, lighting, and seasonal goods. Additionally, Lowe's provides installation services and extended protection plans, enhancing its value proposition to consumers.
As an integral part of the home improvement sector, Lowe's plays a significant role in shaping industry standards and trends while responding to macroeconomic factors like housing market dynamics and consumer spending patterns. Its strategic initiatives often focus on enhancing the customer experience through in-store innovations and an expanding online presence. Lowe's commitment to empowering customers in improving their living spaces positions it as a key player in the retail and construction supply markets, contributing considerably to the economy and community development.
About
CEO
Mr. Marvin R. Ellison
Employees
161000
Address
1000 Lowes Blvd.
Mooresville, 28117, NC
United States
Mooresville, 28117, NC
United States
Phone
704 758 1000
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Home Improvement Retail
Country
United States
MIC code
XNYS