This article is written for the purpose of covering A-Z of Lowe’s Companies, Inc. There are many aspects to look from when you are trying to analyze a company. Building a company is a lot more than deciding what to sell and how to sell. The company’s image plays a big role. The company’s vision builds the backbone of the company on which it works. The goals are set accordingly and many more connecting aspects appear when you start a company. We are here to provide you information on Lowe’s.
Table of Contents
About Lowe’s Companies, Inc.
This company is a retail company that held its operation in America. The company works in Home Improvement products. The company headquarters is in Mooresville, North Carolina. They have their stores in America as well as Canada and Mexico. Lowe’s also operates Hardware stores. Lowe’s is a very renowned company and has grown into becoming the second-largest hardware chain store. Home Depot ranks first while Menards rank 3rd. As of 2018, Lowe’s operates around 2300 stores in North America and they have manpower force of around 300,000 employees.
Environmental Record
It is very important to understand what exactly the company is doing for the environment. The environment needs to be protected and no business should harm the environment. The environment record shows what the company is doing for the progress of the environment. 
Lowe’s has won 8 consecutive Energy Star awards from 2003 to 2010. U.S Environmental Protection Agency arranges this award. Awards are presented to companies who act for energy efficiency. All the products and things that affect the environment come under this agency and they do a check-up. Such as new homes, commercial buildings, industrial areas, etc. The company has also taken the initiative to educate consumers about energy saving and efficiency.
Lowe’s was once accused through a report that said Lowe’s were using woods for flooring and these woods were from the forest of Indonesia. This was in the year 2006.
Lowe’s Employees Benefits
The company offers various benefits to its employees to create a positive environment and also to keep Lowe’s employees encouraged. They believe when employees are happy they will want to contribute to the well being of the company. Lowe offers an opportunity to work in 4 different areas. Supply chain, technology, corporate and the stores. Accordingly, they hire employees and they get the following benefits. 
- Health, Vision, and Dental Services
- 401K Plan
- Life Insurance
- Paid Vacation/Sick Pay
- Dependent Care Resource
- Tuition Reimbursement
- Flexible Spending Account
- Associate Discount
- On-Site Cafeteria
These benefits when provided to Lowe’s employees they feel motivated to work more and they work effectively. Hence such incentives are helpful and every company should provide these things or something different that can benefit the employees.
Related Articles
- Lowe’s Holiday Hours [2019]
- Lowe’s Customer Service
- Myloweslife Employee Benefits
- Myloweslife Online Employee Portal Login Process Explained
Summary
This brings us to the end of our article. Lowe’s store is one of the leading retail stores and they have maintained the consistency of their progress that makes them such a good company. We hope we covered all the basic information for our readers to get the basic idea of what this company is about and what it does. If you have any questions for us, write to us in the comment box below and we will revert back to you soon.
Leave a Reply