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Many Lowe's Market stores were acquired from other companies such as Furr's Grocery (defunct, many of which were formerly Safeway stores), Big 8 Foods (many of which were formerly Safeway stores acquired from Furr's Grocery by Big 8 Foods), and Super S. [3] [4] [5] Currently [when?], there are 146 Lowe's Market stores open in the chain in Texas, New Mexico, Arizona, and Colorado.
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. [8] 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, [ 9 ] that same year.
Lowe's, a big box home improvement chain; Lowe's Canada, former Canadian division of Lowe's; Lowes Foods, an American grocery store chain; Lowes Menswear, an Australian menswear chain; Lowe's Market, a regional supermarket chain with locations in Texas, New Mexico, Colorado, and Arizona
Lowes Foods had 56 stores, few in the area served by Byrd's. The Byrd's stores became Lowes Foods stores. [5] [6] In 2000, Delhaize America had to sell 38 Hannaford stores to satisfy antitrust concerns. Lowes Foods bought 12 of these, six (plus one under construction) in the Research Triangle region and six along the North Carolina coast. [7]
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By 1956, the company had expanded to 20 stores and continued to grow, buying 34 Hinky Dinky stores in the Midwest, 17 Pantry Food Markets in California, as well as Page Drug Stores (Tom Thumb added the "Page" to their store names after the acquisition). The freestanding Page stores were later sold to Eckerd.
On September 1, 2020, Alex Lee, Inc. announced that it was purchasing 20 BI-LO stores in South Carolina and Georgia from Southeastern Grocers with the intent to rebrand 15 of the stores as KJ's Market IGA with the other 5 rebranded under the Lowes Foods banner. [13]
This is an accepted version of this page This is the latest accepted revision, reviewed on 6 December 2024. American multinational home improvement supplies retailing company The Home Depot, Inc. An aerial view of a Home Depot in Onalaska, Wisconsin Company type Public Traded as NYSE: HD DJIA component S&P 100 component S&P 500 component Industry Retail (home improvement) Founded February 6 ...