As of early 2020, Lowe’s has around 2,200 stores across the United States, Canada, and Mexico. The company is headquartered in Mooresville, North Carolina.
Lowe’s was founded in 1946 by Lucius Smith Lowe. He started the company with a single store in North Wilkesboro, North Carolina. The company grew steadily over the next few decades, and by 1961, there were 20 Lowe’s stores in operation.
In the 1970s and 1980s, Lowe’s expanded rapidly, opening hundreds of new stores across the United States. The company also began to sell products online in the late 1990s.
Today, Lowe’s is one of the largest home improvement retailers in the world. The company has over 300,000 employees and generates billions of dollars in annual sales.
In recent years, Lowe’s has been investing heavily in e-commerce and has been working to improve its online shopping experience. The company is also expanding its store footprint and plans to open dozens of new locations each year.
Lowe’s is a publicly traded company and its shares are listed on the New York Stock Exchange. The current CEO of Lowe’s is Marvin Ellison.
As of early 2020, Lowe’s has around 2,200 stores across the United States, Canada, and Mexico. With a heavy investment into eCommerce and plans to open dozens of new locations each year, this number is only expected to grow. And with a current CEO focused on expansion, it’s safe to say that Lowe’s isn’t going anywhere anytime soon.
