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

Lowe's Names Sylvain Prud'homme President, International

He will report to Chairman, President & CEO Robert A. Niblock and will remain based in Boucherville, Quebec . Prud'homme will continue to serve as president and CEO of Lowe's Canada and add responsibilities for the Mexico business, with the president of ...
Posted: December 6, 2017, 5:17 am

Salem warming shelters not opened despite freezing temperatures

Salem Fire Chief Mike Niblock said using that location would have delayed construction ... and we will support that through trainings and our own staff time," he said. Robert Anderson, chief deputy medical examiner with Marion County, says no hypothermia ...
Posted: December 15, 2017, 11:59 am

Lowe’s Companies emphasizing ‘multi-channel’ sales

Lowe’s CEO and President Robert A. Niblock said the changes are intended to “pave the way for a simple and seamless customer experience with Lowe’s.” At the end of the fourth quarter, the company had over 250,000 items available online. The Lowe ...
Posted: March 2, 2012, 6:31 am
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