Who owns Lowes home improvement stores people tell me that Wal-mart ownes Lowes?
Lowe’s is a publicly traded company with a board of directors that has chairman and CEO Charles Niblock running the show. The rumor of Walmart owning lowes is fueled by another rumor that has Sam Walton’s grandaughter owning more than 50% of Lowes’ controllable shares. The stock holders own Lowe’s.
