Lowe's Home Improvement was founded in 1946 by Clayton Looney and James Lingafelt. The company originated as a single hardware store in Roanoke, North Carolina, and has since grown into one of the largest home improvement retailers globally. In 2023, Lowe's operates over 2,300 stores in the United States, Canada, and Mexico, with annual revenue exceeding $100 billion. The founders leveraged post-World War II economic expansion, a period marked by rising demand for residential construction and home maintenance, to establish their business. Data from the U.S. Census Bureau shows that the home improvement industry grew by 6.2% annually between 2010 and 2020, aligning with Lowe's strategic expansion during this era. The company's success is attributed to its focus on customer-centric services, including in-store workshops and online purchasing platforms, which cater to both DIY enthusiasts and professional contractors. By 2023, Lowe's had integrated omnichannel retailing, with 75% of sales generated through digital channels, reflecting its adaptation to evolving consumer preferences. This growth trajectory underscores the importance of aligning business models with macroeconomic trends and technological advancements in retail.