Lowe's Companies, Inc. (NYSE: LOW) is a U.S.-based chain of retail home improvement and appliance stores. Founded in 1946 in North Wilkesboro, North Carolina, the chain now serves over 14+ million customers a week in its 1,717 stores in the United States and Canada. With the opening of the South Burlington, Vermont location,[2] Lowe's now operates stores in all 50 states. Expansion into Canada began in 2007, with the opening of a store in Hamilton, Ontario in late 2009. Lowe's started the construction of two stores in the Mexican city of Monterrey officially entering the Mexican market.[3] Lowe's Companies, Inc. is 47 on the Fortune 500[4] list. As of 2010, the chain is based in Mooresville, North Carolina, about 30 minutes north of uptown Charlotte. Lowe's is the second-largest hardware chain[5] in the U.S. behind The Home Depot and ahead of Menards. Globally, Lowe's is the world's second-largest hardware chain, again behind The Home Depot and ahead of European's B&Q and OBI.
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