Answer To: can someone do an annual report for me Document Preview: ACCT 1105: Financial Accounting II Spring...
Robert answered on Dec 24 2021
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Lowe’s Company Inc.
Annual Report analysis 2012
Student name
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Basic Corporate Information
Official name of corporation: Lowe’s companies, Inc.
Corporate headquarters: Mooresville, NC, United States of America
Primary product or service: Lowe's Companies, Inc. is an American chain of retail home
improvement and appliance stores that has retail stores in the United States, Canada, and
Mexico.
Founded: 1946, North Wilkesboro, North Carolina, United States
CEO: Robert A. Niblock
Makeup of Board of Directors:
Name Board Designation Associated with
Robert A. Niblock Chairman of the Board, President
and Chief Executive Officer,
Lowe’s Companies, Inc., Mooresville, NC
Raul Alvarez Chairman of Board of Directors,
Skylark Co., Ltd., Tokyo, Japan
David W. Bernauer Lead Director, Lowe’s
Companies, Inc., Mooresville,
NC;
Retired Chairman and Chief Executive Officer,
Walgreen Co., Deerfield, IL
Leonard L. Berry, Ph.D Member University Distinguished Professor of Marketing, Regents
Professor,
Presidential Professor for Teaching Excellence, M.B. Zale
Chair in Retailing and Marketing Leadership, Texas A&M
University, College Station, TX
Peter C. Browning Member Managing Director,
Peter Browning Partners, Charlotte, NC
Richard W. Dreiling Member Chairman and Chief Executive Officer,
Dollar General Corporation, Goodlettsville, TN
Dawn E. Hudson Member Vice-Chair,
The Parthenon Group, Boston, MA
Robert L. Johnson Member Founder and Chairman,
The RLJ Companies, Bethesda, MD
Marshall O. Larsen Member Retired Chairman, President and Chief Executive Officer,
Goodrich Corporation, Charlotte, NC
Richard K. Lochridge
Member Retired President,
Lochridge & Company, Inc., Boston, MA
Eric C. Wiseman Member Chairman, President and Chief Executive Officer,
VF Corporation, Greensboro, NC
Lowe’s was founded in 1946 and has ever since grown into the second largest hardware retail
store globally from a small hardware store back then. The company was established using an
effective supply chain model which eliminated middlemen (wholesalers) and worked by
direct dealing with manufacturers. The cost-saving thus generated were partially passed on to
customers in the form of low prices and thus Lowe was able to build a reputation for its low
priced products. Lowe’s currently operates approximately 1,825 stores in three countries
namely United States, Canada and Mexico. The company has a large customer base, spanning
more than 15 million customers each week and also provides employment to more than
245,000 people. The company claims to carry globally...