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Lowe's is the second-largest hardware chain in the United States (previously the largest in the U.S. until surpassed by Home Depot in 1989) behind rival the Home Depot and ahead of Menards. [6] It is also the second-largest hardware chain in the world, also behind the Home Depot, but ahead of European retailers Leroy Merlin , B&Q , and OBI .
The surge in home sales this year has jump-started that side of the business for both Home Depot and Lowe's. Contractors usually account for more than a quarter of Home Depot's sales.
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