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Lowe's
Added by Bling King - Jun 26th 2011
Lowe's Companies, Inc. (NYSE: LOW) is a U.S.-based chain of retail home improvement and appliance stores. Founded in 1946 in North Wilkesboro, North Carolina, the chain now serves more than 14 million customers a week in its 1,710 stores in the United States and 20 in Canada. 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.[3] In 2011, Lowe's released plans to build over 150 stores in Australia over the coming 5 years, hoping to compete with the AUD$46 billion industry. Lowe's Companies, Inc. is 43 on the Fortune 500[4] list. As of 2010, the chain is based in Wilkesboro, North Carolina, near Winston Salem, North Carolina. Lowe's is the second-largest hardware chain[5] in the U.S. 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.
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