Lowe’s owns and operates a network of home improvement and hardware retail stores.
Lowe’s main office is in Mooresville, North Carolina. Marvin R. Allison is Lowe’s president and chief executive officer. Lowe’s portfolio consists of 5 companies, including Desktop Metal. As of August 2019, Lowe’s has 4.6M fans on Facebook and 253.5K fans on Twitter.
Lowe’s’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News
Lowes top competitors include: Home Depot, Walmart, Menards, Ace Hardware, Best Buy, Target, Costco, HomeGoods, Bed Bath & Beyond, Sears.C. Penney, MasterBrand Cabinets, Kmart, TJX and Home.
Together they lifted more than 2.5B between their approximately 4.6M employees. Lowe’s has 190,000 employees and ranks 7th among its top 10 competitors. The top ten competitors have an average of 248,826 employees.
- Website: lowes.com
- Social Media Links: Facebook LinkedIn Twitter
- Founded: 1946
- Est. Annual Revenue: $80.4B
- Est. Employees: 190,000
- Headquarters: 1000 Lowe’s Boulevard Mooresville, North Carolina 28117
Home Depot is one of Lowe’s main rivals. Home Depot is a public company that was founded in 1978 in Atlanta, Georgia. Like Lowe’s, Home Depot also works in retail distributors. Compared to Lowe’s, Home Depot employs 225,700 more people.
Walmart is seen as one of Lowe’s biggest competitors. Walmart was founded in 1962 in Bentonville, Arkansas. Like Lowe’s, Walmart also competes in the sector of retail distributors. Walmart brings 461.7 billion dollars more revenue than Lowe’s.
Menards is one of the main competitors of Lowe’s. Menards was founded in 1958 and is headquartered in Io-Claire, Wisconsin. Menards competes in the field of building materials and fittings. Menards has 145,000 fewer employees than Lowe’s.