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In the 1980s, it underwent a massive expansion of both HQ and the Hechinger Co. divisions, opening big-box stores to better compete with rivals Home Depot and Lowe's. In January 1995, Hechinger announced it would close or reformat 22 of its 131 stores, including closing all 14 of the Home Quarters Warehouse stores in North and South Carolina ...
The first Lowe's store, Mr. L.S. Lowe's North Wilkesboro Hardware, opened in North Wilkesboro, North Carolina, in 1921 by Lucius Smith Lowe. [8] After Lowe died in 1940, the business was inherited by his daughter, Ruth Buchan, who sold the company to her brother, James Lowe, for $4,200, [ 9 ] that same year.
Home Quarters Warehouse (HQ) was an American chain of "big-box" home improvement stores, originally based in Virginia Beach, Virginia.In 1984, the chemical manufacturing company W.R. Grace & Co. announced its intentions to enter the home improvement retail business, hiring Bernard R. Kossar and Frank Doczi to head the new chain.
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With fiscal year 2012 sales of $50.5 billion, Lowe's Companies, Inc. is a FORTUNE® 100 company that serves approximately 15 million customers a week at more than 1,825 home improvement and ...
Lowe's Fourth of July Sale is here with up to 50% off appliances, outdoor furniture, power tools and more. Shop our editor's picks from Lowe's this weekend.
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