Lowes vs Home Depot [2022]: Which Retailer is Better? ⋆ (2022)

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Sarah Caldwell

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  • Lowes vs Home Depot [2022]: Which Retailer is Better? - June 10, 2021

Asking whether you like Lowe’s or Home Depot better is like asking Puffs or Kleenex? Walmart or Target? Do you put the toilet paper roll on the holder with the tab facing up or down? Everyone has their preference, and to be honest, I’m pretty passionate about mine. So I set out to find out what other people thought.

After all, I am all about home improvement, and if one truly is better than the other, I want to know about it. Now, I won’t tell you which one I prefer until the end. In an effort to be unbiased, I went into this comparison with an open mind, so I hope you’ll do the same, even if you already made up your mind which one you like better.

I may not be able to change your mind, but I can present the facts and let you decide for yourself which store might work for you.

Lowes vs Home Depot [2022]: Which Retailer is Better? ⋆ (3)

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Main Differences Between Lowe’s vs Home Depot

The main differences between Lowe’s vs Home Depot are:

  • Lowe’s does not offer a rental service, whereas Home Depot does.
  • Lowe’s targets professionals in the industry, whereas Home Depot targets the everyday consumer or DIY hobbyist
  • Lowe’s offers a wider selection of appliances, whereas Home Depot offers a wider selection of flooring.
  • Lowe’s tends to be pickier about the items they carry and their prices are higher, whereas Home Depot carries a wider variety of general products
  • Lowe’s has a better social media presence, appealing to a younger generation, whereas Home Depot has a better mobile app, improving your shopping experience.

Lowe’s

Lowes vs Home Depot [2022]: Which Retailer is Better? ⋆ (4)

The first thing you may notice about Lowe’s is that they tend to give off a more professional vibe. They speak to their consumers as if they already know what they’re doing. They’ve been growing and adding stores since they opened in 1946 and currently have more than 2000 stores all over North America. They also partner with Woolworths Limited to set up a chain of stores in Australia.

Customer service: experience, friendliness, overall experience

Lowe’s has good customer service, but depending on the store, it could use improvement. They do get some bad reviews about rude or unhelpful staff, but for the most part, there are more good reviews than bad. Amid the good reviews, there will always be instances of a staff member not behaving in a professional manner.

While home improvement stores trying to staff their garden and lumber departments with seasoned professionals, I’ll say that, in my experience, Lowe’s doesn’t do as good of a job as Home Depot for a couple of reasons. You’ll find a veteran every now and then, but for the most part, Lowe’s will hire anyone and then educate them on the job. You won’t always find someone who knows the answer to your question.

They tend to assume that the people shopping in their stores know what they’re doing, rather than being willing to reach out and help someone who looks confused. If you are the type of person who doesn’t like asking for help, you’ll have to get over that shopping at Lowe’s. They won’t approach you as readily as someone at Home Depot will. You’ll have to let them know you need them.

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Lowe’s also has a younger group of people working there. I’m not sure if it’s about appearing more modern or appealing to a younger generation, but compared to Home Depot, the staff is regularly significantly younger. While that doesn’t necessarily translate to less knowledgeable, it does make some shoppers nervous.

Customer base and target market

Lowe’s often markets to professionals or phrases their marketing in a way that makes the everyday consumer feel like a professional. What you may find interesting, is that more women choose Lowe’s over Home Depot.

Lowe’s arranges its displays with extra focus on making them decorative and eye-catching. This appeals more to the visual consumer, attracting more women into the store. They have continued to arrange displays in this way because it works for them.

Store brands and items in stock

Lowes vs Home Depot [2022]: Which Retailer is Better? ⋆ (5)

In terms of the number of appliances in stock at the store, I have to give the edge to Lowe’s. They have a wide variety of appliances, brands, and in-stock items. They have deals with a few more suppliers than does Home Depot, likely because they’ve been in business for 38 years longer.

They also advertise next-day delivery on most of the items you can purchase, and they deliver on that promise. See what I did there?

If you’re looking for a specific brand, Lowe’s carries a few exclusives. They have Kobalt branded tools, which is one of the most well-known and liked brands in the industry. They also carry Task Force, which is decent, and comes at a lower price.

Lowe’s also carries Pella new construction windows, which are highly-rated, but not quite as highly-rated as the Andersen that Home Depot carries. However, when it comes to paint, I’ll give it to Lowe’s that they contract with Sherwin-Williams, which really is the best paint in the business. You likely won’t find the service, expertise, or variety of products you’d find at a Sherwin-Williams store, but you can get them at Lowe’s if you need them.

You’ll likely find that Lowe’s employees will try to steer you to one of these specific brands, simply because the store wants to sell products for their partners. If you know what you want, don’t let them lead you astray.

Store atmosphere

This criterion is more subjective because it comes down to a personal preference. Do you like the way the store looks or not? Some people will like the bright Home Depot orange, while others gravitate toward the more professional Lowe’s blue.

However, your experience at a particular location, such at lighting, parking, stocked shelves, or cleanliness could have a lot to do with how you made your ultimate decision. Every store is going to have their off days. While Lowe’s is typically clean, it’s not laid out as well as Home Depot. There are some items that seem misplaced or not where you might think they would go, but that mostly goes for smaller items that can be difficult to find.

There are also areas of the store that may suffer from neglect, depending on staffing or availability of products, but the lumber department does tend to have some lower quality boards while the gardening department frequently suffers from product breakage.

Shutting down aisles

Every store has to shut down aisles periodically, whether it’s to restock shelves or clean up a spill. Lowe’s tries to prioritize shutting down aisles during slow shopping periods, but it’s not always possible.

However, there are many cases in which a partial aisle shutdown would have been more effective than a full-aisle shutdown. Lowe’s also prioritizes safety, so they frequently shut down the entire aisle, even if they’re only working on one end of it.

This precautionary measure may be viewed as inconvenient, or you could choose to see it as a protective procedure established for your benefit. In my opinion, they’re a bit overzealous and can sometimes be too cautious, to the point that it seems unnecessary.

Discounts, offers, and low prices

Lowes vs Home Depot [2022]: Which Retailer is Better? ⋆ (6)

If you have a Lowe’s Consumer Credit Card, you get a 5% discount on every purchase, no matter what. You may also qualify for 6 months same-as-cash on some purchases. Of course, just like any retailer, they’re constantly battling for the lowest, most competitive pricing, but in my experience, I’ve found almost everything I need at a lower price at Home Depot.

While popular items will have more competitive pricing, you’ll find a greater disparity between less popular items like electrical, plumbing, and HVAC supplies. Lowe’s tends to be slightly more expensive on these things.

Online shopping, in-store pickup, and delivery

Lowe’s focuses their online shopping experience on social media. Their goal is to engage Millennials and a younger generation of home improvement experts. They even have a Snapchat account that allows followers to watch DIY videos.

You can also shop using their website or their mobile app, but they have a supplemental app called Measured by Lowe’s, giving customers an opportunity to save the measurements they need for different projects, all in one place. Purchasing online or through the app makes items easy to pick up at your local store. However, just like with any in-store pickup service, you’ll have to wait until you get the notification that the item is ready.

Lowe’s will also deliver most items, which is nice when the item is heavy. Your local Lowe’s will deliver landscape rock, lumber, masonry, fence panels, and more. Delivery is prompt and professional. If you’re requesting delivery of smaller items like electrical parts, tools, fixtures, or blinds, these items are pulled from a distribution center and delivered via USPS, UPS, or FedEx.

Lowe’s offers free shipping if you spend more than $45.

Lowes vs Home Depot [2022]: Which Retailer is Better? ⋆ (7)

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Returns

When you walk into Lowe’s the return desk is the first thing you see. You may sometimes notice that it’s overflowing with products that need to be restocked. It depends on how well-staffed the desk is and how quickly they can get these products back out.

However, it’s a good sign that they’re pretty lenient when it comes to returning something that didn’t work for you. You’ll get cashback if you have the receipt, but if you don’t, they’ll still offer store credit. While they rarely deny a return, even for open or ripped packaging, it’s possible that if your purchase shows any damage, signs of heavy use, or is outside of the return period, they could turn you away.

Workshops for kids

Lowe’s has Build and Grow workshops twice every month for kids. They giveaway free items like goggles, aprons, and patches. And of course, the kids get to take home the project they completed.

Home Depot

Lowes vs Home Depot [2022]: Which Retailer is Better? ⋆ (8)

Home Depot, on the other hand, tends to market to people doing DIY projects at home. That’s not to say those people couldn’t shop at Lowe’s instead, but the way Home Depot brands their marketing tends to make people feel a little bit more comfortable going there instead.

Their staff is slightly more helpful when it comes to the tough questions like which products you need or how you should complete a task.

They’ve carried this DIY concept since they opened in 1978, so they’re not as old as Lowe’s, but they also have a large number of stores in North America as well as some in China. Their slogan, “You can do it, we can help” has been around since the beginning.

They offer free workshops to the community and often, the subject of the workshop is valuable to home maintenance and improvement. They also offer building workshops for kids once a month.

Customer service: experience, friendliness, overall experience

Employees at Home Depot are abundant, and abundantly helpful. You won’t struggle as much to find someone who can help you, and often, they’ll approach you first, especially if you look confused, which is me a lot of the time.

Sure, you’ll encounter the people who seem disinterested in their jobs or act like they don’t want to talk to you, but for the most part, the staff at Home Depot is friendly and knowledgeable. They often go above and beyond to help you. Your DIY problem is there’s for the next 10-15 minutes or even an hour if you need it.

The employees you’ll see at Home Depot seem to take their jobs very seriously. They know a lot about the products in the store, they’ll help you figure out what your project needs, and they speak like they know what they’re doing. You’ll also find that there are more frequently seasoned professionals in each department, and even if you catch someone outside of their department, they’ll know enough to direct you where you need to be.

In keeping with mom and pop lumberyards and supply houses, Home Depot tends to hire people who already know their stuff, and staff turnover is relatively low. You may notice that the staff at Home Depot is a bit older than Lowe’s but these people have been in the business for a long time and love what they do.

Customer base and target market

Home Depot has more men shoppers, which is interesting to me, because they market to the DIYer, which I absolutely love. And I’m a woman. Let’s be honest, when you think of arts and crafts, you don’t think of a big, burly lumberjack.

However, Home Depot does offer a monthly DIY workshop just for women that covers more complex DIY projects, and this has worked in garnering more of the female population. The really spectacular thing about Home Depot is their focus on helping their customer do it themselves. They make you feel empowered to tackle the project with helpful advice from their experts in the store.

Store brands and items in stock

Lowes vs Home Depot [2022]: Which Retailer is Better? ⋆ (9)

Home Depot doesn’t have quite the breadth of in-stock appliances as Lowe’s does, but what they do have will be delivered next day and they’ll even haul your old appliances away and dispose of them for you.

If you’re shopping for flooring, wall tiles, or toilets, Home Depot does have quite a bit more. They have a wider range of choices for you in these departments and they’re the best place to shop if you’re looking for flooring, tiles, or plumbing items.

Home Depot also has its fair share of exclusive brands. They sell Ryobi, Husky, and RIDGID tools, which are all pretty exceptional, and I would rank them in that order. They also carry Andersen windows, which are some of the best in the industry.

They fall short on paint, carrying Glidden and Behr, which just aren’t that good. However, they do carry a fair amount of painting supplies and they’ll steer you to specific brands, just like Lowe’s will.

Store atmosphere

Home Depot is better organized than Lowe’s. Everything is easy to find, and even if it’s not, the app will direct you to the right place. There are employees nearly everywhere to help, and products are rarely out of stock. The downside to Home Depot is that it doesn’t tend to be as well lit as Lowe’s which can make it look a bit dirtier, even though it isn’t.

Shutting down aisles

Home Depot makes it a point to restock shelves when they’re empty, which is why you’ll hardly ever find something missing. However, that means they have to shut down aisles more frequently than Lowe’s does.

They do a better job of shutting down partial aisles if at all possible, so these practices don’t interfere with your shopping experience, but of course, that’s always a possibility. They also still emphasize safety of both their employees and customers while doing so.

Read our guide on how to find some of the best Home Depot Alternatives.

Discounts, offers, and low prices

Home Depot doesn’t make many discounted offers, because it doesn’t need to. You’ll already find pretty competitive pricing on just about everything. Plus, on purchases of $299 or more, you can finance the purchase for 0% interest for 6 months.

Home Depot also advertises that if you find the same product at another store for cheaper, they’ll beat the price by 10%, but it’s not likely you’ll find a lot of those. Home Depot really strives for competitive pricing on everything in the store.

Online shopping, in-store pickup, and delivery

The Home Depot app is beyond useful, whether you’re using it to shop in the store or at home. It’s intuitive and improves your shopping experience. You can shop by room or department, but you can also search for exactly what you need and order it.

The additional benefit of the Home Depot app is that if you’re shopping at your local store, and you can’t find what you need, you can pull up the app and it will tell you exactly where to look. If you can’t find someone to help you, the app is always there.

There’s also an augmented reality feature, so you can see how items will fit in your home before you buy them. You can furnish your living room or paint the kitchen in the app before you ever head to the store.

Just like Lowe’s you can shop online and pick up at the local store, or have your items delivered. Heavy items will come straight from your local store while smaller items are sourced from the distribution center and sent via USPS, UPS, or FedEx.

Shipping is free for minimum purchases of $45 and same day service is available on appliances over $400.

Lowes vs Home Depot [2022]: Which Retailer is Better? ⋆ (10)

The #1 Power Tool & Accessory Retailer | Home Depot

Whether you're a weekend DIYer or a professional contractor, Home Depot's unrivaled selection from the top power tools brands will help you get the job done in less time and with better results.

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Returns

Lowes vs Home Depot [2022]: Which Retailer is Better? ⋆ (11)

Home Depot’s return practices are nearly identical to Lowe’s. You can return almost anything with or without a receipt, and still, get your money back or store credit. Even if the packaging is ripped or you’ve fallen outside of the return period, as long as the item is in good condition, they’ll take it back.

Their return counter tends to be much better staffed than Lowe’s, so you won’t have to wait in a long line or wait for long to return your item, and the desk isn’t cluttered with items, despite how lenient they are with allowing returns.

Workshops for kids

Home Depot has workshops once a month for kids. While this isn’t as frequent at Lowe’s, it involves the parents, and every child gets to go home with a mini Home Depot apron, identical to the ones worn by staff in the store.

Children will make things like birdhouses, memory boxes, ships, and other things that they can take home and display or play with.

Special services

Unlike Lowe’s, Home Depot offers a tool rental service, which is fantastic for those who anticipate only needing the tool for a single project. Many people aren’t avid DIYers, and they don’t want to buy a drill or an auger just to use it one time.

However, you can also rent larger items like wood chippers or pickup trucks. These services are really helpful for indoor and outdoor repair projects, when you wouldn’t otherwise have access to these items.

FAQ

When deciding to shop at Lowe’s or Home Depot, you may have several concerns. Here are some frequently asked questions to help settle the debate.

Question: Is Lowe’s or Home Depot better?

Answer: It really depends on what you’re looking for. Each store has its own set of specific brands, especially when it comes to tools, windows, and paint, so if you’re looking for something particular, you’ll have to go to the store that sells that brand.

If you’re shopping for appliances, Lowe’s has a bigger variety, but Home Depot offers better haul away service for your old appliances.

If you’re having lumber delivered, it’s one of the things that Lowe’s seems to offer at a lower price than Home Depot. Do some research before shopping at either to see which might be best for you.

Question: What is the difference between Home Depot and Lowe’s?

Answer: There are a lot of little differences between the two, from the brands they carry to the shopping experience.

• Home Depot, for instance, has a better mobile app, but Lowe’s does a better job of targeting the younger generation on their social media accounts.
• While Home Depot is laid out more efficiently and has more fully stocked shelves, Lowe’s has kids workshops twice every month instead of just once.
• Lowe’s has a larger selection of large appliances and Home Depot has a larger selection of flooring.

The differences are endless, so again, it just depends on why you’re choosing to shop there or what you’re looking for.

Question: Who is cheaper, Lowe’s or Home Depot?

Answer: Home Depot’s selection of almost everything they carry is more generic and covers a wide range of needs. This helps them keep prices low, because there’s a lot to choose from, offering competitive pricing, even within the store.

Lowe’s doesn’t carry as many generic options, and they tend to be more finicky about their selection, meaning you’ll pay more. However, both companies will price match each other, although Home Depot will frequently undercut Lowe’s, giving them the upper hand.

Question: Which company is bigger, Home Depot or Lowe’s?

Answer: Home Depot’s sales regularly exceed that of Lowe’s. Last year, Home Depot reported more than $100 billion in sales while Lowe’s didn’t even reach $90 billion. The sales at stores like this speak for themselves. It seems more people prefer shopping at Home Depot.

Which Should You Choose?

Not only does Home Depot win in yearly sales, but they have better ratings on sites like Yelp by more than half a star. However, it all comes down to your particular experience at a specific store.

Every chain is going to have a poor performing store, a disgruntled staff member here and there, or a bad day when it comes to stocking shelves. Overall, people tend to prefer Home Depot more, but you may live in an area where the Lowe’s store is simply better.

It also has a lot to do with how each individual store is managed. The general attitude of the associates will be greatly determined by the management of the store. Maybe you live a few miles closer to the Home Depot, but you choose to drive to Lowe’s because of their outstanding reviews.

It’s nearly impossible to tell you what you’re going to like better, regardless of what I think. However, I can tell you now that I went into my research liking Home Depot infinitely better than Lowe’s and my mind hasn’t changed.

I simply think their stores are easier to navigate, their associates are more knowledgeable and friendly, and their prices are lower. The only time I’ve had more success with Lowe’s over Home Depot was when I needed to order lumber to build a deck.

In that case, purchase and delivery was a lot cheaper than anywhere else, including all of the many competitors in the market.

However, there are so many factors that play into why you might like one store over the other, including brands, selection, mobile app, website, and so much more. You’ll have to decide for yourself where you are going to shop.

Lowes vs Home Depot [2022]: Which Retailer is Better? ⋆ (12)

The #1 Power Tool & Accessory Retailer | Home Depot

Whether you're a weekend DIYer or a professional contractor, Home Depot's unrivaled selection from the top power tools brands will help you get the job done in less time and with better results.

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FAQs

Which one is better Lowes or Home Depot? ›

Home Depot and Lowe's averaged about the same with reviewers in terms of store atmosphere, with Home Depot reviews tending to be slightly better. However, Lowe's does have the competitive advantage of larger stores (but the garden centers for plants at Lowe's vs. Home Depot are generally equal).

Is Home Depot or Lowes more successful? ›

In 2021, Home Depot's annual sales amounted to over 151 billion U.S. dollars, whereas its main competitor, Lowe's, reached more than 96 billion U.S. dollars of sales.

Is Lowe's or Home Depot cheaper? ›

If you only need tools for four hours or one day, then Home Depot and Lowe's are priced about the same on most equipment I saw (give or take $5 in either direction). And both stores charge a $50 deposit on most rentals. But if you need rentals for 1 – 4 weeks, then I'd shop from Lowe's.

Who has more stores Home Depot or Lowe's? ›

World: store count of Home Depot and Lowe's 2011-2021. In 2021, the DIY chain 'Home Depot' had a total of 2,317 stores worldwide. Meanwhile, Lowe's registered 1,971 stores at the end of the period.

Why is Lowe's closing 50 stores? ›

The home improvement store Lowe's announced today it is going to close dozens of its “underperforming” stores in North America–20 in the U.S. and 31 in Canada, to be exact. According to a press release, this is part of a restructuring to make the business more nimble and profitable.

Why is Home Depot so successful? ›

Two main factors have underpinned Home Depot's success: Creation of an omnichannel strategy that leverages stores and online. Continuous investment in, and improvement to, the online experience to make it intuitive and easy to shop.

Who is Lowes target market? ›

The Lowe's Companies Inc. targets professionals that may include home builders, contractors, interior designing professionals, renovators, traders, and so forth. The company also targets high income earning people who have the ability to hire house-consulting as well as installation services.

Is Home Depot and Lowes owned by the same company? ›

No, Home Depot and Lowe's aren't owned by one company. They are both publicly owned by different entities. Neither Lowe's nor Home Depot own each other. Their shares are publicly available on the stock market and anyone who wishes to buy stock in either can do it.

Is Lowe's owned by Walmart? ›

Walmart doesn't have any affiliations with Lowe's. The two companies are entirely separate, and they don't have any ownership stake in each other. However, both companies are large retailers.

What's cheaper than Home Depot? ›

Menards

If you're looking for stores like Home Depot, Menards is a great option. It offers almost everything that Home Depot does, but it's typically a bit cheaper. Plus, Menards has a rewards program that can save you even more money on future purchases. What is this?

How do you get a 10% discount at Lowes? ›

While shopping in Lowe's, you can directly ask for a coupon by visiting the Service Department Desk. Responses will vary by store, but generally if you can show an out-of-area identification and explain that you are new to the area and store, they will give you a 10 percent coupon.

Is Lowe's or Home Depot cheaper for wood? ›

What is this? Both Home Depot and Lowes offer prices that are quite similar. But you can say that Home Depot is a tad cheaper than Lowes. While looking for lumber, you can keep in mind the quality and thickness of the wood.

Who is Lowe's owned by? ›

Ellison. Marvin Ellison is chairman, president and chief executive officer of Lowe's Companies Inc., a FORTUNE® 50 home improvement company with more than 2,200 stores and approximately 300,000 associates in the United States and Canada.

How is Lowes doing financially? ›

(NYSE: LOW) today reported net earnings of $3.0 billion , in line with prior-year results, and diluted earnings per share (EPS) of $4.67 for the quarter ended July 29, 2022, compared to diluted EPS of $4.25 in the second quarter of 2021.

Is Lowe's closing locations? ›

Lowe's Companies said Monday that it will close 51 underperforming stores and other locations, including 20 stores in the U.S., as part of its plan to focus on its most profitable stores. The stores being closed in the U.S. are located across 13 states.

Is Lowe's closing stores in Florida? ›

No Florida stores will be closed. To see a full list of affected locations, click here. Copyright 2022 Sunbeam Television Corp.

Which Lowes are closing in California? ›

The closings include four California locations — Aliso Viejo, Irvine, South San Francisco and San Jose. The stores will be closed before Feb. 1, 2019. The company will try to find jobs at nearby stores for its employees affected by the closings.

What is comparable to Home Depot? ›

Both Home Depot and Lowe's offer a wide range of home improvement products. Lowe's has 1,974 stores, about 300 less than Home Depot. In 2020, the average consumer expenditure at Lowe's was $85.6 versus $74.3 for Home Depot.

What is the competitor of Home Depot? ›

The Home Depot's competitors and similar companies include Berkshire Hathaway, Lowe's, Walmart and Amazon. The Home Depot is a home improvement specialty retailer.

How does Home Depot make most of their money? ›

How Home Depot makes money. Home Depot makes money by selling consumer goods and related services in the home improvement sector. The company earns through selling products and offering installation and fitment services to its clients.

Is Home Depot a successful company? ›

The largest home-improvement retailer in the country, Home Depot consistently outperforms rivals like Lowe's, Walmart, and Ace Hardware. Founded in 1978, Home Depot operates big-box retail stores in all 50 states, Canada, and Mexico.

How is Home Depot doing financially? ›

16, 2022 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today reported sales of $43.8 billion for the second quarter of fiscal 2022, an increase of $2.7 billion , or 6.5 percent from the second quarter of fiscal 2021.

What is Home Depot value proposition? ›

Home Depot's value proposition to customers is also based around the long term nature of the engagement that they will have with the products purchased. With that in mind, customers need to be sure of their buying decisions or their perception of Home Depot will be indirectly tainted by poor choices.

What are pro customers at Lowes? ›

Since 1946, Lowe's has maintained a focus on serving “Pro” customers, a group that includes contractors, repair remodelers and specialty tradesmen, as well as property management and facility maintenance professionals.

What is Lowes business model? ›

Lowe's generates revenue through the sale of home improvement products through both physical retail outlets and a digital sales channel. The Company's revenue is principally derived in the form of sale fees, as well as in the form of services fees related to certain installation and other ancillary services.

Does Lowes have free air for tires? ›

FREE Air. Fill your tires or portable air tanks so you can stay on task and get back to work.

Are Lowes and Lowes Foods the same company? ›

Lowes Foods is an American supermarket chain based in Winston-Salem, North Carolina.
...
Lowes Foods.
TypeSubsidiary
FounderJim Lowe
HeadquartersWinston-Salem, North Carolina , United States
Number of locations80 Stores (2019) 74 Lowes Foods and 7 Just $ave
Area servedSouth Carolina, North Carolina, Virginia
10 more rows

Who is the owner of Home Depot? ›

Bernard "Bernie" Marcus (born May 12, 1929) is an American billionaire businessman. He co-founded The Home Depot and was the company's first CEO, and chairman until retiring in 2002.
...
Bernard Marcus
Spouse(s)Ruth Rados Billi Marcus
Children3
7 more rows

Is Lowes a Fortune 500 company? ›

Lowe's | 2022 Fortune 500 | Fortune.

Is Sam's owned by Walmart? ›

A division of Walmart Inc., we are the membership warehouse club solution for everyday living. Our President and CEO is Kathryn McLay and our headquarters is in Bentonville, AR. For the fiscal year ending January 31, 2022, Sam's Club's total revenue was $73.6 billion.

Does Walmart own Costco? ›

Despite being two large big box stores, Costco and Walmart are not affiliated in any way. Both companies are multinational corporations, and neither are owned by a larger parent company. Costco is a publicly traded multinational retail corporation owned by the Costco Wholesale Corporation.

Is Ace owned by Lowes? ›

ACE Hardware is an affiliate of the SM Group of Companies.

What is similar to Lowes? ›

Lowe's's competitors and similar companies include The Home Depot, Target, Costco, Walmart, Bed Bath & Beyond, Kingfisher and Best Buy. Lowe's Companies is a retailer of products for home construction, maintenance, repair, remodeling, and decorating. The Home Depot is a home improvement specialty retailer.

Are plants cheaper at Walmart or Home Depot? ›

Cheapest Garden Center: Walmart

Walmart emerged the winner on price, with a total of $133.09 for the items on our list.

What's cheaper Home Depot or Menards? ›

Friends who shop Menards and Home Depot a lot more often than I do say that Menards' prices are usually lower than Home Depot's, but you can find higher quality goods at Home Depot. As a bargain shopper I like that Menards offers scores of sale prices each Sunday in its circular.

Does Lowes give a senior citizen discount? ›

No, Lowe's doesn't offer AAA discounts. Also, there's no Lowe's senior discount, student discount, or AARP discounts. However, Lowe's offers a 10% military discount, 10% employee discount, bulk discount, and volume discount on purchases of $1,500 and above.

What is a code 50 at Lowe's? ›

Code 50 at Lowes means that extra employees should head to the loading bay area. This code is standard when the store has received a large consignment, and extra help is needed to unload it. Non-occupied Lowes employees will be called upon to assist the loading bay team.

How do you get 20% off at Lowes? ›

Accounts opened in store: One-time 20% off discount is not automatic; you must ask cashier to apply discount (barcode) at time of in-store purchase. Accounts opened online, via Text-to-Apply or QR code: You will receive a one-time coupon/promotional code, which may be used in store or online.

Is it cheaper to buy lumber from Lowes or a lumber yard? ›

In many cases, your local lumber distributor is less expensive for one reason – specialization. Lumber yards are well-versed in the business of wood and how to purchase it at a good price. Prices always vary with different types of wood, but you can be sure your local lumber yard is competitive in price.

What is the best pressure-treated lumber? ›

The best pressure-treated wood for ground contact or within 6″ (150mm) is wood classified as UC4A or UC4B. Often lumber companies will make this easy by tagging the wood as treated for ground contact. Treated at a level of protection to survive the increased fungi and moisture of contact with the ground.

Do you get a discount if you open a Home Depot credit card? ›

New cardholders enjoy a modest discount

On new accounts, The Home Depot Consumer Credit Card offers $25 off purchases of $25 to $299, $50 purchases of $300 to $999, or $100 off purchases of $1,000 or more.

Is Lowes or Home Depot better? ›

Home Depot and Lowe's averaged about the same with reviewers in terms of store atmosphere, with Home Depot reviews tending to be slightly better. However, Lowe's does have the competitive advantage of larger stores (but the garden centers for plants at Lowe's vs. Home Depot are generally equal).

What was Lowe's original name? ›

Lowe's North Wilkesboro Hardware

How many hourly workers does Lowes have? ›

Lowe's currently employs more than 300,000 associates, according to the company's website. The move comes after Lowe's reported net income of $3 billion, in line with prior-year results, and diluted earnings per share of $4.67, up from $4.25 per share in the second quarter of 2021.

Who is bigger Home Depot or Lowes? ›

Besides that, Home Depot was superior to Lowe's in all sales metrics except average ticket size, with higher sales per store, sales per retail square foot and customer transactions.
...
Sales Metrics.
Sales MetricsHome DepotLowe's
Average Ticket85.996.1
Growth % (10-year)5.3%4.8%
6 more rows
14 Apr 2022

Who makes more money Lowe's or Home Depot? ›

In 2021, Home Depot's annual sales amounted to over 151 billion U.S. dollars, whereas its main competitor, Lowe's, reached more than 96 billion U.S. dollars of sales.

Do Lowes employees get bonuses? ›

Lowe's announced it will give out $55 million in bonuses this quarter to help employees cope with a rising cost of living. Lowe's workers, you're about to get some help paying your rising bills. The company is giving bonuses to hourly, front-line associates to help cope with high inflation.

Are Lowes and Home Depot the same? ›

No, Home Depot and Lowe's aren't owned by one company. They are both publicly owned by different entities. Neither Lowe's nor Home Depot own each other. Their shares are publicly available on the stock market and anyone who wishes to buy stock in either can do it.

Is Lowe's owned by Walmart? ›

Walmart doesn't have any affiliations with Lowe's. The two companies are entirely separate, and they don't have any ownership stake in each other. However, both companies are large retailers.

Is Lowe's or Home Depot cheaper for Wood? ›

What is this? Both Home Depot and Lowes offer prices that are quite similar. But you can say that Home Depot is a tad cheaper than Lowes. While looking for lumber, you can keep in mind the quality and thickness of the wood.

Is Home Depot older than Lowes? ›

Lowe's was founded in 1946, while Home Depot was established in 1978. But the newer store embarked on its expansion first.

Why is Home Depot so successful? ›

Two main factors have underpinned Home Depot's success: Creation of an omnichannel strategy that leverages stores and online. Continuous investment in, and improvement to, the online experience to make it intuitive and easy to shop.

Who is Lowes competition? ›

Despite their distinctive brands, Home Depot and Lowe's regard themselves as competing for the same customers.

Who is Lowe's owned by? ›

Ellison. Marvin Ellison is chairman, president and chief executive officer of Lowe's Companies Inc., a FORTUNE® 50 home improvement company with more than 2,200 stores and approximately 300,000 associates in the United States and Canada.

Is Sam's owned by Walmart? ›

A division of Walmart Inc., we are the membership warehouse club solution for everyday living. Our President and CEO is Kathryn McLay and our headquarters is in Bentonville, AR. For the fiscal year ending January 31, 2022, Sam's Club's total revenue was $73.6 billion.

Does Walmart own Costco? ›

Despite being two large big box stores, Costco and Walmart are not affiliated in any way. Both companies are multinational corporations, and neither are owned by a larger parent company. Costco is a publicly traded multinational retail corporation owned by the Costco Wholesale Corporation.

Is Ace owned by Lowes? ›

ACE Hardware is an affiliate of the SM Group of Companies.

Is it cheaper to buy lumber from Lowes or a lumber yard? ›

In many cases, your local lumber distributor is less expensive for one reason – specialization. Lumber yards are well-versed in the business of wood and how to purchase it at a good price. Prices always vary with different types of wood, but you can be sure your local lumber yard is competitive in price.

Are plants cheaper at Walmart or Home Depot? ›

Cheapest Garden Center: Walmart

Walmart emerged the winner on price, with a total of $133.09 for the items on our list.

Who owns Home Depot? ›

MRO company Interline Brands (now The Home Depot Pro) is also owned by The Home Depot, with 70 distribution centers across the United States.
...
The Home Depot.
The Home Depot corporate headquarters in Atlanta, Georgia
Net incomeUS$16.43 billion (2021)
Total assetsUS$71.88 billion (2021)
Total equityUS$−1.7 billion (2021)
17 more rows

Is Lowes a good investment? ›

The financial health and growth prospects of LOW, demonstrate its potential to outperform the market. It currently has a Growth Score of B. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.

How is Lowes doing financially? ›

(NYSE: LOW) today reported net earnings of $3.0 billion , in line with prior-year results, and diluted earnings per share (EPS) of $4.67 for the quarter ended July 29, 2022, compared to diluted EPS of $4.25 in the second quarter of 2021.

Is Home Depot the largest? ›

Today, The Home Depot is the world's largest home improvement retailer with approximately 500,000 orange-blooded associates and 2,300 stores in the U.S., Canada and Mexico.

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