Lowe's Store Case Study

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The first Lowe 's store, which was Lowe 's North Wilkesboro Hardware, was first opened in North Wilkesboro, North Carolina in 1921 by Lucius Smith Lowe. Lucius Lowe died in 1940 and the business was then inherited by his daughter Ruth Lowe. Ruth sold the company to her brother Jim Lowe. Jim took on Carl Buchan as a partner in 1943. Buchan predicted the dramatic increase in construction after World War II, and the two partners decided that the store should only focus on hardware and building materials. Before they decided to focus on hardware and building, the product mix had included notions, dry goods, produces, groceries, etc. The two partners bought a second location in Sparta, North Carolina in 1949 and they split in 1952. Buchan became
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