Lowe's Companies, Inc., a prominent American retail entity specializing in home improvement products, boasts its headquarters in Mooresville, North Carolina. With a robust presence across the United States, Lowe's operates a chain of retail stores, positioning itself as the second-largest hardware chain in the nation. It once held the title of the largest hardware chain until 1989 when it was surpassed by its rival, The Home Depot. Globally, Lowe's maintains its stature as the second-largest hardware chain, trailing behind The Home Depot but outpacing notable European retailers such as Leroy Merlin, B&Q, and OBI.
Over the years, Lowe's expanded its reach beyond the United States, notably in Australia through the Masters Home Improvement joint venture until 2016 and in Mexico until 2019. However, its Canadian operations were divested in 2023, with Sycamore Partners acquiring and consolidating them under the Rona brand. Despite these shifts in international presence, Lowe's remains a formidable force in the home improvement retail sector, catering to diverse consumer needs and preferences.