As of 2023, Lowe's and its related businesses operated nearly 2,000 stores around the world. In that year, the average amount spent by consumers amounted to about 103 U.S. dollars, around 13 U.S. dollars more than the average spent in the Home Depot.
How does Lowe’s compare to its competitors?
As of 2023, Lowe’s was the third runner-up in terms of customer satisfaction alongside Menards and The Home Depot, among the leading improvement store chains in the United States. In 2022, The Home Depot was the leading hardware and home improvement retail chain in the United States in terms of sales. Lowe’s took second place on this listing, putting it ahead of companies such as Ace Hardware and Menards.
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Home Depot, & Lowe's, & Statista. (March 25, 2024). Average amount spent by consumers at the Home Depot and Lowe's from 2011 to 2023 (in U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/240861/average-amount-spent-by-consumers-at-the-home-depot-and-lowes/
Home Depot, und Lowe's, und Statista. "Average amount spent by consumers at the Home Depot and Lowe's from 2011 to 2023 (in U.S. dollars)." Chart. March 25, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/240861/average-amount-spent-by-consumers-at-the-home-depot-and-lowes/
Home Depot, Lowe's, Statista. (2024). Average amount spent by consumers at the Home Depot and Lowe's from 2011 to 2023 (in U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/240861/average-amount-spent-by-consumers-at-the-home-depot-and-lowes/
Home Depot, and Lowe's, and Statista. "Average Amount Spent by Consumers at The Home Depot and Lowe's from 2011 to 2023 (in U.S. Dollars)." Statista, Statista Inc., 25 Mar 2024, https://www.statista.com/statistics/240861/average-amount-spent-by-consumers-at-the-home-depot-and-lowes/
Home Depot & Lowe's & Statista, Average amount spent by consumers at the Home Depot and Lowe's from 2011 to 2023 (in U.S. dollars) Statista, https://www.statista.com/statistics/240861/average-amount-spent-by-consumers-at-the-home-depot-and-lowes/ (last visited September 01, 2024)
Average amount spent by consumers at the Home Depot and Lowe's from 2011 to 2023 (in U.S. dollars) [Graph], Home Depot, & Lowe's, & Statista, March 25, 2024. [Online]. Available: https://www.statista.com/statistics/240861/average-amount-spent-by-consumers-at-the-home-depot-and-lowes/