If you’ve ever been in a Lowe’s or Home Depot store, you’ll notice that they’re often located near each other. There’s a good reason for this, however. They’re both home improvement emporiums, and their proximity to each other makes shopping easy and convenient for customers. And, it’s a good thing, too, since Home Depot has a large customer base, so it makes sense that Lowe’s would want to be as close to their customers as possible.
When comparing the two companies, consider the following factors: brand reputation and popularity among professionals. Home Depot tends to carry better brand names and has more appeal to professionals, while Lowe’s has a more average customer base. While each store’s offerings are similar, each one has distinct strengths. For example, Lowe’s is known for its wide variety and brand recognition, while Home Depot focuses on the average shopper. Lowe’s recently announced the sale of 99 Orchard Supply Hardware stores, including the distribution center.
The two companies are rivals in terms of size and popularity. Although Home Depot is larger and has more stores, Lowe’s has been unsuccessful in international expansion. The latter has had to close most of its international stores. They compete in both home improvement services and DIY services. Home Depot offers contractors and professionals assistance while Lowe’s focuses more on amateurs. Combined, these two chains make up the world’s largest home improvement retailer.