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11-08-2007, 07:36 AM
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We really do surround them if we STAND UP!
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Join Date: May 2007
Location: Glacier Park area
5,377 posts, read 3,652,575 times
Reputation: 1776
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The reason Lowes does that is because it was founded by the Ex-wife of the Home Depot creator and it's their mission in life to put one as close as possible to any HD built to stick it to them. Works pretty good doesn't it?
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11-08-2007, 09:30 AM
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Senior Member
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Join Date: Apr 2006
515 posts, read 712,053 times
Reputation: 192
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Interesting theory, but not true.
Urban Legends Reference Pages |
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11-08-2007, 09:57 AM
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Chance favors the prepared mind.
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Join Date: Nov 2006
Location: Knoxville, Tennessee
6,366 posts, read 6,838,330 times
Reputation: 2430
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Quote:
Originally Posted by jimj
The reason Lowes does that is because it was founded by the Ex-wife of the Home Depot creator and it's their mission in life to put one as close as possible to any HD built to stick it to them. Works pretty good doesn't it?
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That's not true. Lowe's was founded in 1946, Home Depot didn't get started until 1979. |
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11-09-2007, 07:04 AM
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We really do surround them if we STAND UP!
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Join Date: May 2007
Location: Glacier Park area
5,377 posts, read 3,652,575 times
Reputation: 1776
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That's interesting, my bad if that's the case but that's what they told my wife when she worked there a few years ago....
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11-09-2007, 07:45 AM
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Chance favors the prepared mind.
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Join Date: Nov 2006
Location: Knoxville, Tennessee
6,366 posts, read 6,838,330 times
Reputation: 2430
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Quote:
Originally Posted by jimj
That's interesting, my bad if that's the case but that's what they told my wife when she worked there a few years ago....
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Then someone lied to your wife. I can't imagine why they would do that. I remember seeing Lowe's when my family first moved to Tennessee in 1976. Home Depot didn't get started until 1979, and for years it was only in Atlanta. You can go to their web sites to see the history of the two companies. |
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11-09-2007, 11:40 AM
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Trying to use my indoor voice.
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Join Date: Apr 2007
Location: Atlanta suburb
4,661 posts, read 2,657,801 times
Reputation: 3098
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Tremendous growth in 10 years time.
Home Depot's growth must have been phenomonal! My oldest son started working there his senior year in high school to help with college expenses. That was 1988 in Southgate, Michigan.
This HD in Southgate was built about 2 years prior - around 1986 -87. It wasn't long before several others sprang up in the area. David worked at one in Ann Arbor his senior year at U-M in '92.
Quite a growth rate. They certainly found a niche in the home remodelers' market. 
It seems to me that the market can certainly be well served with two similar companies. But, it does appear that Lowes' intent is to move in the same area as a successful HD (within a mile or two) to capture the market. If this stadegy is not meant to put the other company out of business then I am greatly mistaken. 
If I were in control of Lowes' store locations I would find the peripherial edge of HD's customer base and build my Lowes there.  |
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11-10-2007, 10:54 AM
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We really do surround them if we STAND UP!
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Join Date: May 2007
Location: Glacier Park area
5,377 posts, read 3,652,575 times
Reputation: 1776
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Quote:
Originally Posted by JMT
Then someone lied to your wife. I can't imagine why they would do that. I remember seeing Lowe's when my family first moved to Tennessee in 1976. Home Depot didn't get started until 1979, and for years it was only in Atlanta. You can go to their web sites to see the history of the two companies.
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True, but you've got to admit the myth sounds better......  |
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11-10-2007, 11:41 AM
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Settlin' in; done cruisin'
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Join Date: Oct 2006
Location: Farmland side of the mountain
2,528 posts, read 863,124 times
Reputation: 8739
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Isn't this the 'Costco' thread? What's happening in this saga?
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11-10-2007, 11:59 AM
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Moderator
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Join Date: Jun 2007
8,257 posts, read 5,258,983 times
Reputation: 6155
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Quote:
Originally Posted by Suzanne1945
Isn't this the 'Costco' thread? What's happening in this saga?
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Suzanne - hi! Nothing that we know of; which is part of the problem.  |
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11-10-2007, 12:01 PM
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Trying to use my indoor voice.
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Join Date: Apr 2007
Location: Atlanta suburb
4,661 posts, read 2,657,801 times
Reputation: 3098
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Oops, Suzanne1945, it's happened again!
Quote:
Originally Posted by Suzanne1945
Isn't this the 'Costco' thread? What's happening in this saga?
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Sorry, Suzanne1945. It's tangent time again! 
Costco will admit to nothing, nor will they deny that they might be locating a warehouse in Knoxville.  Therefore, everything goes awry, including the Costco thread!
Tell us something nice about Costco, Suzanne, and we'll get back on track, ok? |
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