Lowe's

The company our group chose to research was Lowe's Home Improvement Warehouse. Lowe's was founded in 1946 by Lucius S. Lowe. Lowe's started as Lowe's North Wilkesboro Hardware in North Wilkesboro, North Carolins in 1921. The store was taken over by Lucius Lowe's daughter Ruth and then was sold to her brother Jim Lowe the same year. Lowes grew to be one of the biggest home improvement warehouse stores in the world. Lowes is now a very successful company with $47.2 billion in revenue for the year of 2009. Lowe's has recently stepped into the international market and has opened several stores in Canada. With all Lowe's has to offer in the home improvement industry it is easy to see why they have become so successful.