Last updated
    Lowe's
    Home Improvement Retail

    Lowe's

    United States flagUnited States

    "How do you get things done?"

    Founded March 25, 1921 Mooresville, North Carolina CEO: Marvin Ellison
    Community

    About

    Robert S. Lowe and his son Lucius B. Lowe opened the first store in North Wilkesboro, North Carolina, on March 25, 1921. They named it Lowes' Hardware and built a business that grew from a single location into a multinational corporation. The company went public in 1960 and has since expanded to operate more than 2,181 retail locations across North America.

    Marvin Ellison took over as CEO in 2018 and steered the company toward digital transformation and stronger support for professional contractors. Under his leadership, the brand launched initiatives like the MyLowe's Rewards program and invested heavily in video content. Their YouTube channel now boasts nearly 500 million views, offering tutorials and project ideas to customers who want to tackle home improvement tasks themselves.

    The Lowe's Foundation plays a significant role in community development by funding skilled trades education. In September 2026, the foundation partnered with over 75 organizations to expand training programs for the next generation of workers. This focus helps bridge the gap between classroom learning and real-world construction skills while supporting local economies.

    Products & Sub-brands

    ToolsAppliancesBuilding SuppliesFlooringLightingBathroom FixturesGarden Center ItemsPaintHardwareKitchen Cabinets

    Frequently Asked Questions

    Who owns Lowe's?
    Lowe's is a publicly traded company owned by shareholders. Institutional investors hold the majority stake rather than an individual or family.
    Who is the current CEO of Lowe's?
    Marvin Ellison has served as President and CEO since April 2018, leading the strategic shift toward digital platforms and professional markets.
    Is Lowe's still in business and expanding?
    Yes, the company remains fully operational with over 2,181 stores in North America and continues to invest in technology and workforce training despite housing market fluctuations.
    How does Lowe's compare to Home Depot?
    While both are major retailers, Lowe's often targets a slightly different demographic mix with a heavier emphasis on female DIYers and professional contractors compared to its main rival.
    What is the Lowe's Foundation known for?
    The foundation is renowned for funding skilled trades education and workforce development, recently partnering with dozens of organizations to train the next generation of construction workers.

    Keywords

    home improvementhardware storeretailconstructionDIYcontractorsMooresvilleNorth Carolina

    Sources

    Company Info

    Founded
    March 25, 1921
    Founder
    Robert S. Lowe, Lucius B. Lowe
    CEO
    Marvin Ellison
    Headquarters
    Mooresville, North Carolina
    Industry
    Home Improvement Retail
    Store Count (Late 2022)
    2,181
    YouTube Views
    Nearly 500 million

    Official Website

    www.lowes.com

    Join the community

    fans discussing