Lowe's

Mooresville, North Carolina, United States

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About Lowe's

Mooresville, North CarolinaHeadquarters
1946Year Founded
$136.1MTotal Funding
IPOCompany Stage
Industrial & Manufacturing, Consumer GoodsIndustries
10,001+Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
Performance Bonus

Risks

Increased competition from Home Depot's same-day delivery service.
Rising raw material costs, especially lumber, affect Lowe's profit margins.
Ongoing labor shortage challenges Lowe's staffing despite hiring efforts.

Differentiation

Lowe's launched the Aging in Place Program in November 2021.
Lowe's offers one-hour delivery with Instacart in select markets.
Lowe's introduced the MVPs Pro Rewards and Partnership Program.

Upsides

Growing trend of smart home technology integration benefits Lowe's product offerings.
DIY home improvement projects popularity presents expansion opportunities for Lowe's.
Sustainability trend allows Lowe's to expand eco-friendly product range.