Lowes and Home Depot are no doubt two major rivals in the home improvement industry and it is quite difficult to distinguish between them as they are similar to each other in many ways. This is why a lot of people try to pick a side in the Lowes Vs Home Depot cold war.
From their price for tool rental which are almost the same, tool inventory brands, mode of operation and others, looking at both, we cannot point out much difference.
Lowes Vs Home Depot
Home Depot Or Lowes?
Lowes is the second largest home improvement company in the United States with a network of 2,370 stores in North America, and others in Canada. While its rival Home Depot is the largest in the United States with over 2,284 in North america, and 10 provinces in Canada.
Is Lowe’s Bigger Than Home Depot?
Although Lowes has more stores than Home Depot, in terms of stock inventory and floor space Home Depot is larger as compared to Lowes.
Does Lowe’s Have More Tools?
Lowes tool and equipment inventory appeals more to DIY (Do It Yourself) users, making Lowes the best solution for DIY tools and equipments. Home Depot on the other hand, appeals more to professionals and contractors.
Home Depot Over Lowes?
A research by Wedbush Securities, supported that Home Depot appeals more to professionals, with professional contracts accounting for 45% of its sales, and 20%-25% at Lowes.
Home Depot is said to enjoy more patronage from millenials, who see it as their store of choice than Lowes. In a survey of 1,000 millennials by the Bank of America,
US News reported that 64% chose Home Depot over Lowes as their store of choice, while the other 53% preferred Lowes.
Does Home Depot Have More Equipments?
Home Depot boasts of a better inventory of tools and Equipment than Lowes, which is as a result of its larger floor space.
A walk into both stores leaves your with no doubt that Home Depot looks more like a large industrial space with so many tools display, while Lowes feels more like a traditional retail store for tools.
Pros of Lowes Tool Rental Over Home Depot
The following are some of the advantages of renting a tool at Lowe’s tool rental. They include:
- It is a better recommended store for DIY tools.
- It has a larger network of stores which makes it more accessible.
- Its tool and equipment inventory is stocked with top-quality branded tools needed to own your project.
- It offers competitive prices on its products.
Cons of Lowes Tool Rental Against Home Depot
Some visitors to Lowes stores have pointed out a common disadvantage of renting a tool at Lowes. They include:
- It has a small floor space with less inventory of tools and equipments.
- It deals with more of DIY tools, thereby not the best plug for professional tools and equipments.
Pros of Home Depot Tool Rental Over Lowe’s
Home-Depot’s sheer size and tool inventory gives it an edge over Lowes. Here are some of the advantages of renting a tool at Lowes:
- It is a better recommendation for professional tools and equipments.
- It possesses a large floor space with wider inventory of tools and equipments.
- It boasts of an assorted inventory of quality tools with top brands, making it a location for the right tool you need to get the job done.
- Its prices are also competitive.
Cons of Home Depot Tool Rental Against Lowe’s
Home Depot sure has its fare share of criticism from customers, who feel they are not at their best in the following areas:
- Not the best plug for DIY tools and equipments.
- Lesser stores than Lowes, which means less accessibility.
Which is cheaper? Lowes or Home Depot?
In terms of pricing, it is difficult to distinguish between which charges more or which charges less. Both home improvement stores charge similar prices on their products. Therefore, in terms of tool pricing, both are competitive.
Does Lowe’s Match Home Depot Prices?
Lowe’s matches home depot prices for items that are bought outrightly. Price matching is not effected for rented tools and equipment or for service charges.
Does Home Depot Price match Lowe’s
Home depot offers a LOW PRICE GUARANTEE offer with a price matching system for sold items. Home depot will match prices from other competitors, and also offer you a 10% discount to heighten your satisfaction.
How Can I Price Match At Home Depot?
To benefit from a Home Depot Price match, you must show evidence of the competitors ad through a digital printout, photo image, magazine, or webpage for price confirmation.
Does Lowes give senior citizen discounts?
Lowes does not give any discounts to senior citizens. Only active military personnel and veretans can get the 10% off discount when they sign up for a veteran account at Lowe’s.
Does Home Depot give senior citizen discounts?
Home Depot does not offer price discounts on transactions by senior citizens. Senior citizens who want to get a discount can price match offers from other stores at Home Depot.