Lowe's Foods
 |
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| Subsidiary | |
| Founded | 1954 in Wilkesboro, North Carolina, USA |
| Headquarters | Winston-Salem, North Carolina, USA |
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Number of locations
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97 Stores (2015) |
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Area served
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South Carolina, North Carolina, Virginia |
| Products | Grocery, Deli, Bakery, Meat, Seafood, Produce, Dairy, Floral, Online Ordering, Delivery, Fuel, Pharmacy |
| Revenue | $1.6 billion (2007) |
| Parent | Alex Lee Inc. |
| Website | www |
Lowes Foods is a grocery store chain based in Winston-Salem, North Carolina. The chain's initial growth was in the mountains of North Carolina and rural areas of Virginia, but, starting in the late 1990s, has geared expansion towards metropolitan areas in North and South Carolina.
Until October 4, 2009, Lowes Foods used S&H Greenpoints on their store discount card; this was replaced with "Fresh Rewards" on October 5. Many of Lowes Foods stores also offer Lowes Foods to Go, where shoppers can order groceries online and drive to the store to pick them up. Business and home delivery is available at select locations throughout North and South Carolina.
Lowes Foods started in 1954 in Wilkesboro, North Carolina, with a single store opened by Jim Lowe (former co-owner of Lowe's Home Improvement Warehouse, and son of its founder). Lowe sold that store to J. C. Faw. Expansion in Wilkesboro and the mountain regions of NC shortly followed. In 1984, the chain was sold to Merchants Distributors, Inc. (MDI) a grocery distributor based in Hickory, North Carolina. After MDI bought Institution Food House, in 1992, MDI reorganized as a holding company, Alex Lee, Inc., with MDI, IFH and Lowes as subsidiaries. It was named for Alex and Lee George, sons of the MDI founder.
In 1997, Alex Lee bought Byrd's Food Stores Inc. of Burlington, North Carolina, which had 43 stores. Lowes had 56 stores, few in the area served by Byrd's. The Byrd's stores became Lowes stores. In 2000, Delhaize America had to sell 38 Hannaford stores to satisfy antitrust concerns. Lowes bought 12 of these, six (plus one under construction) in the Research Triangle region and six along the North Carolina coast.
In 2007, Lowes Foods opened its first fuel station at a Hickory, North Carolina, store. As of August 2016, 14 Lowes Foods stores had fuel stations. Lowes offers a five cent discount per gallon of gas with each $100 spent inside the store which is redeemable at Lowes Foods fuel stations or any participating Speedway or WilcoHess locations in North and South Carolina.
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Wikipedia