Lowe Stores Home (2024)

FAQs

What is Lowes house brand? ›

Kobalt is a line of hand and mechanics' tools, power tools, and tool storage products owned by the American home improvement chain Lowe's. It is the house brand for both Lowe's in North America and their joint venture with the now defunct Masters Home Improvement in Australia. Lowe's Companies, Inc.

Lowe's Companies, Inc. and Walmart Inc. are separate companies and are not owned by the same parent company. While both are prominent retail chains in the United States, they operate independently and have different ownership structures and management teams.

What is different about Home Depot and Lowes? Two of the most well-known home improvement stores in the US are Home Depot and Lowes. Home Depot offers a wide selection of products, from tools to appliances, while Lowe's focuses more on providing services such as installation and repair.

Headquartered in Mooresville, North Carolina, the company operates a chain of retail stores in the United States. As of Oct. 28, 2022, Lowe's and its related businesses operated 2,181 home improvement and hardware stores in North America.

In 2016, Lowe's paid $2.4 billion to complete its acquisition of RONA.

The home improvement giant started right here in the South over 100 years ago. The Lowe's story began in North Carolina when Wilkes County farmer L.S. Lowe decided to start his own store, opening Lowe's North Wilkesboro Hardware in 1921.

Vanguard owns the most shares of Lowe's Companies (LOW).

Lowe's offers products under Kobalt, Stainmaster and allen+roth. It has a business presence across Canada and the US.

NEW YORK, Feb. 3, 2023 /PRNewswire/ -- Sycamore Partners, a private equity firm specializing in retail, consumer, and distribution-related investments, today announced that it has completed its acquisition of Lowe's Canadian retail business, which will now operate under the name RONA inc.

As the world's first and second-largest home improvement retailers, Home Depot and Lowe's share many similarities. They compete for a shared customer base across the U.S. and Canada.

Why do people prefer Home Depot over Lowes? ›

Home Depot is more oriented towards contractors and professionals than Lowe's. This means that the selection of most categories of materials and items is greater and often of somewhat better quality. The big exception is in their stock of lumber and sheet goods.

Home Depot tends to have a wider variety of exclusive products sold for slightly lower prices on average, while Lowe's brands seem to be more focused on stocking high-quality tools that first-time DIYers often require.

ABOUT LOEWE

Loewe brand goes back to when they specialized in leather purses and handbags for the Spanish royalty. Since 1996, Loewe has been under the luxury goods conglomerate LVMH.

CEO Marvin Ellison earned a compensation package of nearly $18.2 million last year from Lowe's Cos. Inc. (NYSE: LOW), according to a U.S. Securities and Exchange Commission filing. That's up nearly 4% from his 2022 package, which came in at roughly $17.5 million.

Lowe's has grown from a small-town hardware store in North Carolina to one of the largest home improvement retailers in the world. We have a rich heritage of putting the people we serve at the heart of everything we do.

Home retailer Lowe's has announced its first private label home brand, Origin21. The brand is part of the retailer's new House of Style campaign, aiming to showcases the stylish home goods Lowe's offers.

Meet Lowe's newest private brand: STAINMASTER®

Lowe's recently announced it had acquired STAINMASTER® to further advance the company's Total Home strategy by providing customers with the products and brands they trust.

No, Lowes and Home Depot are not owned by the same company. Lowes is based in Mooresville, NC and started as a southern chain. Home Depot started as a Southern California chain and expanded from there. Home Depot corporate is in Atlanta, GA.

Until 2003, Kobalt hand tools were made by J.H. Williams. That ended in 2003 when Williams was bought out by Snap-On and became Snap-On Industrial. From 2003 - 2011, Kobalt's hand tools were mostly made by Danaher.