The Home Depot Competitor is Lowe's, a five-letter word. Lowe's is an American home improvement retailer that operates over 2, 000 stores in the United States, Canada, and Mexico. It was founded in 1946 in North Wilkesboro, North Carolina and has since become one of the largest home improvement retailers in the world. Lowe's offers a wide range of products and services including appliances, tools, building materials, and home decor.