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The first Lowe's store, Mr. L.S. Lowe's North Wilkesboro Hardware, opened in North Wilkesboro, North Carolina, in 1921 by Lucius Smith Lowe. After Lowe died in 1940, the business was inherited by his daughter, Ruth Buchan, who sold the company to her brother, James Lowe for $4,200, that same year.
Jan 10, 2024 · Learn about the founders and leaders of Lowe's, one of the largest home improvement retailers in the world. L.S. Lowe started the first store in 1921, and Marvin Ellison is the current CEO since 2018.
Aug 19, 2019 · That's when Lucius Lowe launched a general merchandise store called North Wilkesboro Hardware.
Lowe's Companies, Inc. was founded in 1946 by Lucius Smith Lowe in North Wilkesboro, North Carolina. Initially, it operated as a small-town hardware store, catering primarily to the needs of local consumers and businesses.
May 20, 2024 · Learn how Lowe's started as a small, family-owned hardware store in 1921 and became the world's second-largest home improvement retailer. Discover the key dates, strategic shifts, leadership changes, and global expansion of Lowe's.
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The first ever Lowes store was founded in the year 1921 by Lucius Smith Lowe in North Wilkesboro. After his demise in the year 1940, his daughter Ruth inherited the hardware store, which she went on to sell of to her brother Jim.