Case Analysis-Lowe's
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Transcript of Case Analysis-Lowe's
![Page 1: Case Analysis-Lowe's](https://reader035.fdocuments.in/reader035/viewer/2022081520/58a37fb91a28abaa488b6b81/html5/thumbnails/1.jpg)
Past, Present & Future
![Page 2: Case Analysis-Lowe's](https://reader035.fdocuments.in/reader035/viewer/2022081520/58a37fb91a28abaa488b6b81/html5/thumbnails/2.jpg)
Past
• Founded in 1921 in North Wilkesboro, North Carolina as a general store.
• 1950’s: Expansion throughout North Carolina• 1960’s: Becomes publicly traded company• 1970’s & 80’s: Housing Boom & relationship with
builders lead to Record profits • 1990’s: “Modern” Lowe’s- larger stores, more retail space
![Page 3: Case Analysis-Lowe's](https://reader035.fdocuments.in/reader035/viewer/2022081520/58a37fb91a28abaa488b6b81/html5/thumbnails/3.jpg)
Present• 2nd largest Home Improvement Retail chain behind Home Depot• 1,745 stores• Going International• 2007-First store opened in Canada• 2010-First Mexican store opened
• Market Saturation• Wal-Mart, True Value, “Mom & Pop” stores
![Page 4: Case Analysis-Lowe's](https://reader035.fdocuments.in/reader035/viewer/2022081520/58a37fb91a28abaa488b6b81/html5/thumbnails/4.jpg)
Future• Heavily linked to Economy• Housing Market• Unemployment rates
• International expansion• 150 Stores planned for Australia within next 5
years• Evolution & Adaptation to business environment• Social Media & Smartphone Apps