A financial comparison of the the dickens spot improvement retailers.
MBA 6150 Mike Bramwell
March 27th 2009
An sign look at the two leading retailers in the photographic plate improvement market would make a person call up that Home Depot and Lowes are similar sizing businesses that are going after the similar people for the same dollar. That is essentially true; just I think that apiece retailer is reaching out to the same audience in different ways. I will explain more; but I wanted to first give a apprise background on each company.
I.
Background on teaching Companies
The Home Depot was founded in 1978 in Atlanta, Georgia and has since beat the worlds largest home improvement retailer, operating in approximately 1970 stores (Home Depot, EXPO, and other(a) subsidiary companies) crosswise North America. Home Depot caters to both(prenominal) homemadeers and professional customers who serve the home improvement construction and mental synthesis maintenance market segments.
Home Depots stores conduct a wide array of building materials, appliances, tools and lawn and garden products.
Home Depots unique services include dispense with in-store clinics for home improvement skills for adults and children as well as founding and decorating consultation, truck and tool rental, home delivery, free potting, install contracting and many others.
Lowes got its start as a little retail chain in North Carolina (incorporated 1952) that resisted the need to execute a big box store spread across the US until early 2000. They have been publicly traded since 1961. Its stock is listed on the New York Stock Exchange, with shares trading under the ticker symbolization LOW.
Lowes also carries a complete line of home improvement products and equipment. The company serves more than seven million do-it-yourself and commercial business customers each week through 1616 stores in the U.S. and Canada. Lowes is the United States second largest home improvement retailer....If you want to loaf a full essay, order it on our website: Orderessay
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