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Kohl's reduced the size of some stores from 90,000 to between 60,000 and 35,000 square feet [72] and uses robots to help clean and stock shelves. Lowe's has been using LowesBot to help customers find items. [74] Company executives have said robots lower costs and improve efficiency, but employees report they don't like working with robots.
Lowe's began trading on the New York Stock Exchange in 1979. [10] By 1970s, Lowe's revenue reached more than $150 million and, in 1980, to nearly $900 million. [17] Lowe's has since grown nationally, as it was aided by the purchase of the Renton, Washington–based Eagle Hardware & Garden company in 1999.
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Lowe's Market traces its history to E.M. "Bud" Lowe who sold candy and sundries from the back of a truck in Littlefield, Texas in the 1940s. [2] In 1964, Bud Lowe opened the first Lowe's Market, a small grocery store, in Olton, Texas. The company began the process of gradual expansion into small and medium-sized towns in Texas and New Mexico.
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