Articles in regional publications that pertain to a wide range of North Carolina-related topics.
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Lowes Hardware Inc. has expanded again. The franchise opened in North Wilkesboro in 1946 under Carl Buchan. There are currently 31 outlets in eight states, including a new one that just opened in Belpre, Ohio. The store has plans to open a dozen more outlets in the next two years and to expand further throughout the southeast.
Lowe’s Cos.’ aggressive attempt to establish a market for its hardwarde stores in Australia has failed. The result will cost the company nearly $1 billion dollars as Lowes could not compete with Australia’s Masters Home Improvement stores. The reasons the expansion failed and Lowe’s growth as a company are detailed.