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The second-largest hardware retailer in the U.S., Lowe’s is behind only Home Depot. Lowe’s owns and operates over 2,100 retail stores in all 50 states and Canada. Like its main competitor, Lowe’s saw its business boom in 2020 during the global pandemic, in which millions of Americans confined indoors decided to make their homes more functional for a work-from-home lifestyle. In 2021, to celebrate the 100th anniversary of its founding, Lowe’s announced in March that it would sponsor community restoration projects in 100 U.S. cities and towns, providing a total of $10 million for select projects.
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