Lowe's

Lowe's NYSE: LOW is a United States-based chain of home improvement and major appliance retail stores. Founded in 1946 in North Wilkesboro, North Carolina, the chain now operates (as of 2004) over 950 stores in 45 states and is number 50 on the Fortune 500 list. The chain is based in Mooresville, North Carolina, which is about 30 minutes north of downtown Charlotte. It is now the second-largest hardware chain in the United States of America, after The Home Depot.

Lowe's has attempted to position themselves as a more consumer-friendly alternative to their primary rival, The Home Depot. Some of their advertisements have attempted to portray The Home Depot as an intimidating warehouse that caters to contractors and not consumers.

Major Sponsorships

Lowe's has purchased naming rights of Lowe's Motor Speedway (formerly Charlotte Motor Speedway) in Concord, North Carolina, which is home to several auto racing events annually. The corporation also sponsors NASCAR driver Jimmie Johnson, who drives for Hendrick Motorsports.


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    . Lowe's NYSE: LOW is a United States-based chain of home improvement and major appliance retail stores.