History:
Lowe’s consists of a group of home improvement stores, operating throughout the United States of America. The company was established in 1946 in North Wilkesboro, North Carolina. The chain consists of over 1,375 stores in 49 states of the nation and has recently ventured into Canada with the opening of ten stores in Ontario. With Mexico in the line of expansion, the company is on its way to become a retail superpower in North America. The company was ranked 42nd in the FORTUNE 500 list of companies in 2005.Activities:
As many as 48 states in the United States have multiple Lowe's stores. These stores sell over 40,000 products ranging from home fashion items to plumbing to electric supplies. The company is one of the largest home appliance retailer and hardware chain in the United States.Performance:
Lowe’s has steadily established itself as a profitable venture to its investors and shareholders. Lowe's achieved sales worth $ 43,243 million in 2006. The net income of the company during this fiscal was $ 2,765 million. The comparative performance of the company over the previous fiscals is given below:
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Corporate Address:1000 Lowe's Blvd.,Mooresville, NC 28117. Telephone: 704-758-1000 Fax: 336-658-4766 Website: www.lowes.com |
Organization:
Lowe's Companies, Inc is headed by Mr. Robert A. Niblock, who is the company Chairman and CEO. The company had an employee count of 185,000 employees in 2006.| Limousine Company | LG | LM Ericsson | La Poste | Ladbrokes | Lafarge | Lehman Brothers Holdings | Lennar | Loews | L'Oréal | Lockheed Martin | Liberty Mutual Ins. Group | Lloyds TSB Group | Lagardère Groupe | Lowe's | Lufthansa Group | Lukoil | Lyondell Chemical | Lear | Legal & General | Landesbank Baden – Württemberg | | |||||||
