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A former Lowe's location in Windsor, Ontario, converted to Rona+. Lowe's opened its first three stores in Canada on December 10, 2007, in Hamilton, Brampton, and Brantford. On February 1, 2008, they opened three more stores in Toronto, East Gwillimbury, and a second store in Brampton, as well as a new location in Maple (Vaughan). [67]
Lowe's Market traces its history to E.M. "Bud" Lowe who sold candy and sundries from the back of a truck in Littlefield, Texas in the 1940s. [2] In 1964, Bud Lowe opened the first Lowe's Market, a small grocery store, in Olton, Texas. The company began the process of gradual expansion into small and medium-sized towns in Texas and New Mexico.
As of August 2016, 14 Lowes Foods stores had fuel stations. Lowes Foods offered a five-cent discount per gallon of gas with each $100 spent inside the store (excl. alcohol and gift card purchases) which was redeemable at Lowes Foods fuel stations or any participating Speedway or WilcoHess locations in North and South Carolina. [8] [9]
Shares of Lowe's are up 20% year to date, compared to the S&P 500's 24% gain, according to Yahoo Finance Data. Rival Home Depot is up 17% in 2024. Rival Home Depot is up 17% in 2024.
Lowe's acquired Rona for $3.2 billion CAD in May 2016. [5] In November 2022, Lowe's announced it would sell its Canadian operations, including Rona, to Sycamore Partners; the deal was completed the following February. [6] [7] Rona announced in July 2023 that it would begin converting Lowe's locations to the new banner Rona+.
Headed to Lowe's this Easter Sunday? Find out if stores will be open or closed in observance of the holiday along with all the details on 2024 store hours.