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bb99

Searcy, AR

#21 Aug 21, 2011
ijsl wrote:
<quoted text>You went back over 2 months to comment on this? Wow. Lol
Ha I didn't even notice that
stillavendor

Olmsted Falls, OH

#22 Feb 14, 2012
I have heard that back when the top 5 people at the top of Lowe's Corporate were let go back in mid 2011 sam walten's daughter bought 35% of Lowe's stock. If you have been to a store that has recieved the new Northlake Experience where the Customer Service and returns are by the front door, well it looks just like a WalMart. The new endcaps have been completely revamped heavy on large artwork low on stock and easy for the PSA to install. I heard that Lowe's repurchased some of the stock back. Not sure about this but heard the boards of each company have some of the same members. With the roll out of phase 2 of the LEF it will take more than WalMart to help Lowe's after the employee's continued to be hammered by every new rollout. Not sure when Lowe's will figure out that all the employees in the store are the foundation of the company. Without a solid foundation how can a company be successful?? Not only that, how can the people at corporate plan anything for a store when they have never worked in a store more than the few days they hang out in the stores? As I always say everyone should work retail and food service just once in their life.
Zeldas Lunchbox

Searcy, AR

#23 Feb 14, 2012
I hear they sell some good Fresh Milk.
guest

Little Rock, AR

#24 Feb 14, 2012
I'm pretty sure all retail stores return desk is close to the front
ok

Dallas, TX

#25 Feb 14, 2012
Walmart does not own lowes, lowes is a copy cat
guest

Little Rock, AR

#26 Feb 15, 2012
You name it the returns is up front it's easy for the customers to get in and out real quick
asswhoop

Arlington, TX

#27 Feb 15, 2012
Lowes sells cinderblocks. So..... Lowes>Walmart every day of the damn week
.Dude

Arlington, TX

#28 Feb 15, 2012
One of the Walton kids own lowes
wtf

Canton, TX

#29 Feb 15, 2012
If you look at each store. They have the same design.
hittingrabbit

Myrtle Beach, SC

#30 Apr 18, 2012
Okay, please take note, the way corporations operate, and how the legal definition of subsideries come into play.

First of all, Lowes is not owned by Walmart Assocaites INC.

However Lowes is owned by the Walton Family.
The daughter is the primary operator of the Lowes stores.

Although they keep the Lowes assets seperate, it is indeed owned by the same family.

Not only can this be seen by building designs, and architecture, but whenever Walmart paints their stores, or changes it's colors, Lowes follow suit.

So for those that think they know that Lowes isn't owned by Walmart, has an enlightenment to be learned.

They have no interest in letting their employees know what they own, no matter how long you have worked for their company.

If anyone knows, how, and has followed the Walmart history of expansion, you will notice how they acquire assets via acquisitions.
It usually starts with Walmart purchasing a minority stake, usually around 42-47% of ownership,(just enough to be able to be a major share holder, and thus have a board position), they then in a few years will increase their holdings of that company, and in the majority of instances, they become whole ownership.

Although I cannot swear by the complete logistics, but as a best guess, I would say after purchasing a minority stake in a company, they independently purchase as individuals open shares of the company via the market, these shares then get moved around quite a bit, or they are by legal means transferred to trusts, etc. until the shares are clean enough to be bought by Walmart, thus no one can say it was a nasty corporate takeover, and most of the time it's done in secrecy.
work there

Kemp, TX

#31 Apr 18, 2012
I work there and this was discussed in orientation. No walmart does not own lowes.
bananas

Lexington, KY

#32 May 17, 2013
tmoney wrote:
The people who say lowes owns walmart is stupid
Are stupid*
Ex Employee

United States

#33 May 17, 2013
No they are not owned by Walmart nor does any Waltons own Lowes. Now, it's no secret that Walmart is Lowe's largest stockholder.
wall basher

United States

#34 Aug 2, 2013
Best Answer Very often you'll find a Lowes and Wal-Mart on the same property. Wal-mart prefers to own or be the property manager for their locations. In many areas they will buy other available lots to control who goes in that area. Lowe's is not a direct competitor with Wal-Mart so there is a relationship between the corporate entities. If Wal-Mart owns the land they will allow Lowe's to develop there or lease them a store. Since they are both "big box" attractions the pairing of the two has been very successful.
bob fulller

Park Hills, MO

#35 Dec 9, 2013
why can't we as consumers get together on the internet and boycott items from walmart for 30 - 60 days at a time in protest to various things we object to them doing. for example, them working employees overtime and not paying them. not letting them have breaks etc. as consumers why woud we want to buy products from a communist country?

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