Number of stores of Lowe's worldwide from 2004 to 2019

Lowe’s, the home improvement retailer, operated 1,977 locations worldwide in 2019, down from 2,015 stores in the previous year. Lowe’s was the second leading retailer in the U.S. hardware and home improvement market in terms of sales, behind The Home Depot, its main competitor.

Lowe’s Retail Facts

Lowe’s demonstrated a healthy level of sales growth between 2013 and 2019. According to the company’s most recent annual report, Lowe’s global net sales came to around 72.15 billion U.S. dollars, up from 53.42 billion dollars in 2013. On average, customers at Lowe’s spent around 78.36 U.S. dollars per visit as of 2019.

Home Improvement in the U.S.

Home improvement is a great way for homeowners to increase the resale value of their property, or to make their home more attractive and livable. Total sales of the home improvement market in the United States reached 394 billion U.S. dollars in 2018, and this figure was expected to increase over the next several years. Some of the most popular home improvement projects planned by U.S. homeowners include painting the interior of the home, landscaping the yard, and improving the bathroom.

Number of stores of Lowe's worldwide from 2004 to 2019

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Source

Release date

March 2020

Region

Worldwide

Survey time period

2004 to 2019

Supplementary notes

* Fiscal year ended in 2011 and 2017 contained 53 weeks; all other fiscal years reported contained 52 weeks. **The number of stores as of February 3, 2017 includes 245 stores acquired in the acquisition of RONA.

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