Lowe's
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About
Company Stage
IPO
Employees
10,001+
Industries
Industrial & Manufacturing, Consumer Goods
Total Funding
$136.1M
Headquarters
Mooresville, North Carolina
Founded
1946
Simplify's Take
What believers are saying
- Growing trend of smart home technology integration benefits Lowe's product offerings.
- DIY home improvement projects popularity presents expansion opportunities for Lowe's.
- Sustainability trend allows Lowe's to expand eco-friendly product range.
What critics are saying
- Increased competition from Home Depot's same-day delivery service.
- Rising raw material costs, especially lumber, affect Lowe's profit margins.
- Ongoing labor shortage challenges Lowe's staffing despite hiring efforts.
What makes Lowe's unique
- Lowe's launched the Aging in Place Program in November 2021.
- Lowe's offers one-hour delivery with Instacart in select markets.
- Lowe's introduced the MVPs Pro Rewards and Partnership Program.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
Performance Bonus
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