We knew that the Lowe’s and Home Depot are the super gains in the home improvement products. They are good at the residential building materials market, & they share the market equally.
Lowe’s and Home Depot has more than 2,000 stores in the United States. Moreover, they occupy a total of 100,000 square feet of retail space. But, the market strategies of both are different.
As per the report of 2019, Home Depot acquires a 104,000 square feet of enclosed space. Whereas, Lowe’s owns the enclosed place of 112,000 square feet.
In the year 2018, Home Depot has 18 mechanized distribution centers in the United States. Further, Lowes only has 15 mechanized distribution centers in the US. But, Lowe’s has 10 mechanized distribution centers in Canada whereas Homedepot has only one.
Lowe’s always lead the logistical advantage over the Home Depot for many years.
Important Points To Remember
- In the industry of the Home Improvement Retailers, Lowe’s & Home depot always acquires the 1st & 2nd spot.
- Moreover, they always share an equal customer base in the United States, Canada, & Mexico.
- Moreover, the quality of the products was the same in both of them.
- Both companies allow customers to move from offline to online channels smoothly and continuously.
Lowe’s has a magnificent growth in its products. As per the report of the year 2018, Lowe’s has expanded to almost 2,155 stores. It has stores available in countries like the United States, Canada, & Mexico.
In the year 2018, the Lowe’s has teamed up with Woolworths Limited to expand its Home Improvement in Australia. With the new team of Lowe’s, their main focus is on Customer Service.
So, to do the best customer service, it also started a Customer Satisfaction Survey with the name Www.Lowes.Com/Survey. With this Customer Survey, they can get opinions from different customers.
Key Differences About Lowe’s & Homedepot
There are a few common things occurs between Home Depot & Lowe’s. The Home Depot Store has an orange and black color scheme with tall shelves at the entry. Basically, the logo design is with Orange &Black Scheme). Moreover, this design & color attracts all home improvement professionals.
Whereas, the color and the logo of the Lowe’s is completely different from that of the Home Depot. The Lowe’s has a blue-and-white color scheme with more elaborate floor displays or themed products.
Despite these, both the Home Depot & the Lowe’s has is competing for the same customers. As both, the companies are working for the retail and professional industries.