Top 10 Retail Companies in the World 2018

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9. Lowe’s

Lowe’s is one of the leading retail companies in the world & has a strong global presence.

Image: Wikimedia

Lowe’s is a fortune 500 American company and operates a chain of home improvement retail stores and appliance store in US, Mexico and Canada. It was founded in 1946 in North Carolina.

It has more than 2400 home improvement stores operational and workforce of more 290,000 people. It is the largest home retail improvement chain after the Home Depot. Lowes was able to grow nationally and had acquired Washington based Eagle hardware & Garden company in 1999. With this they started to expand its operations outside the US. The first store that they established outside US was in Hamilton, Ontario, Canada. The company has operated or serviced in more than 2,355 locations in US, Mexico and Canada alone. For year 2017, the revenue generated through sales was around $ 65 Billion and able to generate profit of $3 billion. The company has total assets of worth $34 Billion and has market cap of $71 Billion.

Sales (Billion): $65.00

Profit (Billion): $3.00

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