Headquarters: 1000 Lowe's Blvd.
Lowe's is the nation's second-largest chain of home-improvement stores.
Founded in 1946 in Mooresville, NC, Lowe’s operates 1,754 stores in the United States, Canada and Mexico representing 197.4 million square feet of retail selling space. Lowe's sells everything from lighting fixtures to hardware, appliances and garden supplies. Each store stocks 40,000 products and more than 500,000 products are available by special order.
The company serves approximately 15 million customers per week.
In fiscal 2012, the company reported sales of $50.5 billion, a slight increase from the previous year, and net income of $2.0 billion.
The company's main units are Stores, Distribution Centers and Corporate. Approximately 92% of Lowe's employees are located in Stores, 6% are at Distribution Centers and 2% are at Corporate locations. About 75% of all jobs are full-time positions.
The company plans to open 10 new stores in fiscal 2013.
Lowe's 401(k) Plan
After one year of service the company matches the first 1% you save each pay period at 100%. Savings above 1%, up to 6% of compensation, will be matched at 25%. Immediate vesting.
New Year's Day
Full-time employees will receive eight hours holiday pay and part-time employees will receive four hours holiday pay for each scheduled holiday. Hourly employees who are required to work on a holiday will receive holiday pay plus regular pay for the holiday; salaried employees who work on a holiday will be given another day off with pay.
Basic Sick Pay
Employee Purchase of Company Products
Updated May 14, 2013