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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]
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.
Larger hardware stores may also sell building supplies including lumber, flooring, roofing materials and fencing. Such stores are often referred to as home-improvement centers or home centers. There may be fewer hardware stores in the US now than in the past, but according to the US Census Bureau, there were still 14,300 hardware stores in the ...
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