Lowes is an American based chain of home improvement and appliance stores. It was founded in 1946 in North Carolina by a man named Lucius S. Lowe.
Today, Lowes is one of the largest retail home improvement chains in the U.S. In fact, it is second to only The Home Depot. It operates over 1,700 retail locations in the U.S. serving more than 14,000,000 customers a week. Lowes was not always a big box retailer though. Initially they did not want to take the route of competitors with their huge mega store locations, but in order to survive they eventually adopted the philosophy and it has paid off for them.
Just like its competitors, Lowes offers just about anything you could imagine you would need for any construction or home improvement project. I am guilty of spending way too much money there, often buying things on impulse. But what man doesn’t want to expand their tool collection, right?
Lowes is a great place to shop and their prices are competitive. Although sometime not enough so to justify not getting the product I need elsewhere if the drive is shorter.
As with other big box home improvement retailers, there are some brands and product models that can only be found by going to Lowes and vice versa.
When comparing prices among the same products you can find at Lowes and their competition, I have found very slight differences. Probably not enough to justify any extra mileage to get there verses other home improvement retailers. Overall, Lowes seems to be slightly more expensive than their major competitors on most products when comparing apples to apples.
This does not mean that great deals cannot be found at Lowes though. I have bought many tools and other hardware products there and on occasion saved a ton of cash. Watch for sales and specials on what you are looking for to maximize your savings.
Research and compare prices with any products you are contemplating on purchasing. By doing this, you will ensure that you are getting the best deal on your purchase whether you get it at Lowes or elsewhere.