Lowe's Companies is an American home improvement and hardware retail chain headquartered in Mooresville, North Carolina. Founded in 1921 by Lucius Smith Lowe, it has grown into the second-largest hardware retailer in the United States behind Home Depot, with roughly 2,181 stores as of 2022. The company is publicly traded on the New York Stock Exchange and employs approximately 300,000 people. Lowe's serves both do-it-yourself consumers and professional contractors with building materials, tools, and home improvement products. The company expanded from its Southern regional base to become a national retailer through organic growth and acquisitions including Eagle Hardware & Garden. In August 2025, Lowe's agreed to acquire Foundation Building Materials for $8.8 billion, signaling strategic expansion into professional contractor and builder services.
Lowe's maintains a customer-first culture centered on providing knowledgeable advice and quality products for home improvement projects. As a large retail organization, the company emphasizes operational excellence, teamwork, and direct customer interaction across its store network, while expanding remote and hybrid work in corporate functions. The company has invested in wage competitiveness and scheduling flexibility to attract talent in a competitive retail labor market. Recent strategic focus includes omnichannel integration and modernizing the customer experience through digital tools and services.
7,649 open now, 7,649 first appeared in the last 30d.
| Round | Closed | Amount | Investors |
|---|---|---|---|
| Later | Jan 1961 | undisclosed |