What is Lowe's? Lowe's Review

Historical Origins

Lowe's predecessor was North Wilkes Hardware, when HCBuchan's brother-in-law and partner James Lowe's and he jointly managed the company, it acquired the name that has been used to this day.

Lowe's is the 15th largest retailer in the United States and the 34th largest in the world. It has about 700 stores in 40 states and sells nearly 40,000 kinds of goods, fully meeting the decoration needs of every customer. It has 200 companies and more than 100,000 employees. It has been listed in the "100 Best Companies in America" ​​three times. It is a Fortune 500 company in the United States.

Basic Introduction

Lowe's is a retailer of home improvement products and provides products and services needed for home improvement, maintenance, repair, remodeling and property maintenance. The company was founded in 1946 and is headquartered in Mooresville, North Carolina.

Products and Services

Lowe's caters to the "do it yourself" (DIY) trend and customer needs, and has launched more than 40,000 products ranging from furniture, tools, appliances to popular home improvement products. In addition, Lowe's also has a rich special product catalog.

Development direction

"We are focusing on a $2 billion expansion plan, unprecedented in the company's history, with at least one business opening every week. Our superstores will be the most extensive with over 150,000 square metres of retail space."

Advantages

Targeting female customers;

Data analysis is better;

Only full-time employees can provide high-quality service.

Corporate Culture

Through the "Basic Education and Family Safety Committee", Lowe's also actively contributes to the cultural activities of the communities it serves. It also actively participates in sports, such as the 31st NASCAR Wiston Cup. Lowe's believes that today's community service has gone beyond the traditional boundaries of retail. Through its own prestigious organizational activities, it will definitely make the community environment better and actively participate in charitable activities, "whether it can help people get rid of misfortune, we will persist in doing it."

Development History

In July 2012, Lowe's launched Iris, a smart home platform based on Microsoft Azure cloud technology. Its core is the Iris APP and a Smart Hub, which supports a variety of home devices using Wi-Fi, Bluetooth, Z-Wave, and Alljoyn protocols.

In 2014, Lowe's, an American home furnishings chain supermarket, reached a cooperation agreement with Irvine

On February 14, 2019, Lowe's, the second largest home improvement retailer in the United States, announced that it would shut down its Iris smart home platform from the end of March, and all related network services would also be terminated.

References