Robert A Niblock Net Worth is29.6 $Million
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Company Name: Lowe's Companies, Inc.
Company Logo: Image:Lowe's Home Improvement Logo.jpeg
Company Type: Public company
Foundation: North Wilkesboro, North Carolina (1946) Location: Mooresville, North Carolina, North Carolina, United States Wilkesboro, North Carolina, North Carolina, United States
Locations: 1,750 (November 2012) Area Served: United States, Canada, Mexico, Australia
Key People: Robert Niblock,
Industry: Retailing
Products: Home improvement
Revenue: {{increase United States Dollar50.2 billion (2012) Operating Income: net income
Assets: equity
Num Employees: 161,000 (2012) Traded As: LOW, S&P 500
Lowe's Companies, Inc. is an American chain of retail home improvement and appliance stores that has retail stores in the United States, Canada, and Mexico. Founded in 1946 in North Wilkesboro, North Carolina, the chain now serves more than 14 million customers a week in its 1,781 stores in the United States, Canada and Mexico. Expansion into Canada began in 2007, with the opening of a store in Hamilton, Ontario, in early 2008. Lowe's started the construction of two stores in the Mexican city of Monterrey officially entering the Mexican market. In 2011 Lowe's released plans to build over 150 stores in Australia over the next five years, hoping to compete with the A$46 billion industry. Lowe's Companies, Inc. is 43rd on the Fortune 500 list. As of 2010, the chain is based in Mooresville, North Carolina. Lowe's is the second-largest hardware chain in the United States, behind The Home Depot and ahead of Menards. Globally, Lowe's is also the second-largest hardware chain, again, behind The Home Depot and ahead of the European stores B&Q and OBI.
Lucius S. Lowe opened Lowe's North Wilkesboro Hardware in North Wilkesboro, North Carolina, in 1921. The business was inherited by his daughter, Ruth, when Lucius died in 1940. She sold the company to her brother, Jim, that same year. Jim Lowe and Ruth's husband, Carl Buchan, both served in World War II, and during the war, the store was run by Ruth and her mother. Jim took on Carl (honorably discharged after receiving an injury) as a partner in 1943.
Under Buchan's management, the store focused on hardware and building materials. Before then, the product mix had also included notions, dry goods, horse tack, snuff, produce, and groceries. The company bought a second store in Sparta, North Carolina, in 1949.
Carl Buchan and Jim Lowe differed on expanding the company to new areas, and they split in 1952, with Buchan taking control of the hardware and building supply business, and Lowe taking other joint ventures the two

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Robert A Niblock Latest News

Ditching J.C. Penney for Lowe's Is a No-Brainer

Lowe's Cos., the home-improvement giant, announced Tuesday that Ellison (a veteran of Home Depot Inc.) is to replace longtime leader Robert Niblock, who had earlier announced his intention to retire. You might look at J.C. Penney's latest quarterly results ...
Posted: May 22, 2018, 6:59 am

Lowe's Companies Inc. (LOW) Q1 2018 Earnings Conference Call Transcript

Hosting today's conference will be Mr. Robert Niblock, Chairman, President, and Chief Executive Officer, Mr. Mike McDermott, Chief Customer Officer, and Mr. Marshall Croom, Chief Financial Officer. Joining during the Q&A session will be Mr. Richard ...
Posted: May 23, 2018, 9:28 am

Lowe's Companies, Inc. (LOW) CEO Robert Niblock on Q1 2018 Results - Earnings Call Transcript

Lowe's Companies, Inc. (NYSE:LOW) Q1 2018 Earnings Conference Call May 23, 2018 9:00 AM ET Executives Robert Niblock - Chairman, President, and Chief Executive Officer Rick Damron - Chief Operating Officer Michael McDermott - Chief Customer Officer ...
Posted: May 23, 2018, 12:19 pm
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