Market cap

* For banks, enterprise value is substituted with market cap. Source: Bloomberg Finance L.P.

Performance of the brand

As of 2011, Lowe’s, a US based retail chain specialising in home improvement products, operated 1,750 stores in the US, Canada and Mexico, stocking over 40,000 products ranging from appliances to tools, paint, lumber, and nursery products. Although the economy showed signs of recovery during 2010, the home improvement industry continued to be challenged by high unemployment, declining home values, tighter consumer credit, modest growth in personal disposable income, and low housing turnover. Serving around 15 million customers per week, the retailer is currently ranked 49 on the FORTUNE® 500 with sales increasing by 3.4% to $48,815 million in 2010. Lowe’s counts more than 234,000 employees and is the second-largest improvement retailer in the world.

Possibly a result of the stagnating improvement industry, Lowe’s brand value decreased from $9,784 million in 2010 to $9,182 million in 2011. Although enterprise value also fell to $30,138 million, a 15.5% over 2010, the retailer maintained its AA- brand rating.

Two-time winner of the ENERGY STAR® Sustained Excellence Award in Retail

As stated on Lowe’s corporate website, Lowe’s will strive to:

• Provide customers with environmentally-responsible products, packaging and services at everyday low prices
• Educate and engage employees, customers and others on the importance of conserving resources, reducing waste and recycling
• Use resources – energy, fuel, water and materials – more efficiently and responsibly to minimize our environmental footprint
• Establish sustainability goals and objectives
• Review and communicate progress made toward achieving established goals and objectives and
• Engage on public policy issues related to sustainability.

In order to achieve these goals, Lowe’s partnered up with various non-profit organisations such as The Nature Conservancy, The National Park Foundation and Water.org.

Lowe’s Charitable & Educational Foundation

Founded in 1957, Lowe's Charitable and Educational Foundation has a long history of improving the communities Lowe’s serves. The foundation's support has expanded to match the growing needs of the communities, going from $3 million in contributions in 2004 to nearly $19 million in 2010. 

Lowe's Charitable and Educational Foundation funds non-profit organisations and public agencies that support the retailer’s charitable goals

Its signature education programme Toolbox for Education^®, for instance, has contributed around $25 million to more than 5,400 schools and community organisations in the US. As a result, the USA Weekend magazine presented Lowe's Charitable and Educational with the Make a Difference Day Award.

 

 

Last changed September 9, 2011

League tables

Lowe's appears in the following brand league tables:

Rank 12 in the Best Retail Brands 2012.
Rank 99 in the Global 500 2012.
Rank 92 in the Global 500 2011.
Rank 12 in the Best Retail Brands 2011.
Rank 92 in the Global 500 2011.
Rank 74 in the Global 500 2010.
Rank 68 in the Global 500 2009.
Rank 81 in the Global 500 2008.
Rank 68 in the Global 250 2007.