How do Lowe's and Home Depot differ?

When you're looking to be successful in the residential building materials market, two big names jump out at you: Lowe's and Home Depot. And for good reason: they represent the largest market share in the industry. read more

To elaborate on Mike Jackson ’s answer, the difference between Home Depot and Lowe’s is business strategy. Home Depot started re-structuring its business model in 2007–2009 (best seen in its annual reports) and by 2010 had a clear direction with Carol Tome as the CFO. read more

Here are some examples of how Lowe’s and Home Depot keep working to improve their approaches to the market. Home Depot Caters to the Pro. Lowe’s Acting Like a Distributor. Home Depot Ramps Up Mobile. Market Saturation. A second area to consider is each store’s saturation of the business market. read more

Generally, the main difference was not between Lowe's and Home Depot as corporations but between individual stores, since the character of a store is influenced by its store manager and associates. read more