Relationship between Lowe's/Wal-Mart? HELP!

[expatriot]

I am at work and shouldn't be on the internet... trying to find evidence that Lowe's and WalMArt are affiliated... thought they were same company but cant find support of that... am I wrong? I could have SWORN and now am looking like an ass. please help.

[roguevalley]

1. they have some kind of agreement that where one is, the other

builds with them nearby. we are facing that hell up here now. You are not wrong. get one. get the other.

[expatriot]

3. any documentation? nt

[rucky]

19. Lots of businesses piggyback like that.

They probably just do it internally and wouldn't really provide public documentation of it. Just drive around a few 'burbs, though & you'll see the patterns.

[benddem]

6. Lowe's here in town

offered an open greeting (will help our business) to the Mega Walmart that wants to build across the street. We are fighting the walmart tooth and nail. This didn't help our cause.

[Kickin_Donkey]

17. Holy crap!!!

After years of haggling with city, the Wal-Mart here just moved across the road into a larger "SuperCenter." One of the stipulations the city made in allowing the move was that Wal-Mart had to find a tenant for the building it was vacating, otherwise that huge vacant building would become "blight."

Wal-Mart opened its new SuperCenter only a few days ago and -- wouldn't you know it -- it was almost simultaneously announced that Lowe's would be moving into the vacated building.

I thought that sounded too easy. Now I know why.

[yellowdogmi]

2. Compare these two links.

http://finance.yahoo.com/q/mh?s=LOW

http://finance.yahoo.com/q/mh?s=WMT

[serryjw]

5. There is no relationship

besides being a large national retailer

[yellowdogmi]

10. You may not have looked far enough

Most of the Top Industrial holders are the same. Shows the relationship. I didn't go as far as the board of directors but that should start em on the right track.

[serryjw]

15. I was talking OWNERSHIP

Most major companies have the some of same board member. As far as institutional investors/mutual funds the are also the same. SAMS and Wal-Mart have the same ownership....LOEWS doesn't.

You will love these websites....There are no board member connection betwen the 2 stores, but 2 banks are involved with both companies
http://www.theyrule.net/2004/tr2.php
http://www.brainshrub.com/board-easy-work

[Bjornsdotter]

4. I don't think they are

...but here's some info from http://www.buyblue.org



No longer a low-profile company, Lowe's Companies continues to evolve from a regional operator of hardware stores into a nationwide chain of home improvement superstores. The #2 US home improvement chain (after The Home Depot), Lowe's has more than 1,050 superstores in more than 45 states. The company's stores sell more than 40,000 products for do-it-yourselfers and professionals for home improvement and repair projects, such as gardening products, home fashion items, lumber, millwork, plumbing and electrical supplies, and tools, as well as appliances (for which the company has a market share


They also donate 100% to the Dark Side

Cheers

[benddem]

7. crap

I've been going to Lowe's cause Homedepot gives to the dark side. No where to go!

[Bjornsdotter]

8. I know

...many on DU have recommended Lowe's. I was surprised too, now I'll have to make my own tools.

Cheers

[Rainscents]

9. True... however, there is difference!

Lowe's is None Union and Home-Depot IS Union! So, I choose to go to Home-Depot to support Union workers!

[Janice325]

11. Home Depot is union?

I worked for HD in Birmingham, Alabama from 1996-2000, and it wasn't union. Is this something new??? Or was I just totally oblivious? (no snark intended,:) ).

[ScreamingMeemie]

20. The HD's here are not union either.

My neighbor moonlights at one. I'm in Michigan.

[niyad]

13. you might want to think again:

Presidential Mystery Solved: Why Bush Is Stopping at Home Depot
Bush Rewards Generous GOP Donor with Visit to Maryland Store on Friday; Energy Bill Includes $48 Million Tax Break for the Giant Retailer

WASHINGTON - December 4 - President Bush will make two stops in Maryland on Friday. The first is an exclusive, big-ticket fundraiser in Baltimore, where he is expected to add another million dollars to his massive campaign war chest. Then he’ll deliver a speech on the economy to workers at a Home Depot in nearby Halethorpe.
Bush’s appearance at the home improvement behemoth has left the locals a bit baffled. On Wednesday, The Sun in Baltimore ran a story on the president’s upcoming visit to the town of 20,000 in southwest Baltimore County. Titled "A Presidential Mystery," the article confirmed Bush’s itinerary but concluded that "nobody seems to know why" he’s going to Halethorpe’s Home Depot.

Research by Public Citizen suggests the president’s visit is yet another way to reward the nation’s second-largest retailer for its generosity to the Bush campaign and the Republican Party. Home Depot employees and their families have given $1.5 million to the GOP since 1999, according to data provided to Public Citizen by the Center for Responsive Politics.

During that time, no candidate has benefited from Home Depot’s largesse more than Bush. The total includes $907,950 in mostly "soft money" donations to the Republican National Committee before such giving was outlawed by the Bipartisan Campaign Reform Act (BCRA). So far this year, Home Depot employees and the company political action committee have contributed $31,000 to the 2004 Bush-Cheney re-election campaign.
. . .
http://www.commondreams.org/scriptfiles/news2003/1204-05.htm

Conference Mocks Trial Lawyers
White House Session on Limiting Lawsuits Shows Contempt

by Ron Hutcheson

WASHINGTON -- A White House conference on the economy turned into a forum for bashing trial lawyers Wednesday as President Bush and his allies demanded congressional action to limit lawsuits.


But if you ask scores of ordinary American shoppers and workers killed or maimed at Home Depot - or hurt by poisonous Home Depot products - they might not think bashing people's legal rights and protecting innocent victims is so funny. Please see this groundbreaking expose on how scores of innocent people have been killed or maimed because of Home Depot's safety record - and the company's merciless crusade to bully victims into keeping quiet. It may shed some light on why Nardelli, a top Bush campaign fundraiser, is pushing for so-called "tort reform."



Surrounded by a panel of enthusiastic supporters, Bush said lawsuits against businesses and manufacturers are a drag on the economy and must be reined in. He called for a new system to deal with asbestos-related cases, and new limits on medical malpractice cases and class-action lawsuits involving groups of plaintiffs.

He chuckled and nodded as panelists at the two-day conference aired their contempt for trial lawyers.

``What you have today is business on one side, and you've got the trial lawyers on the other side. . . . You've got deep pockets colliding with shallow principles,'' Robert Nardelli, the chief executive at Home Depot, said to laughter from the audience and the president.

Nardelli was one of several Republican donors at the conference. The Center for Responsive Politics, a non-partisan group that tracks campaign spenders, found that conference participants donated nearly $195,000 to various Republican candidates or causes in recent years, including $40,000 to Bush.

. . .

http://www.commondreams.org/headlines04/1216-01.htm

[Rainscents]

14. Home-depot here in Washington State is all UNION and I will support

the workers! Once they go none Union, I will find another place... internet!

[niyad]

16. you read what home depot is doing, and yet you continue to support

their totally rw efforts because some of their stores are unionized?

[yellowdogmi]

12. Look at those links again.

If you scroll down to the Top Institutional holders you will find many of the same companies. I think that proves the link for you. You may also compare the board of Directors. I bet there are some in common.

[Hubert Flottz]

18. Lowes and Wal-Mart built their stores here at the same time

side by side on one side of town. Then Lowe's built another big store on the other side of town and Wal-Mart was all set to build next door and the community there rose up and raised holy hell. All the small retailers marched on city hall and guess what...THEY STOPPED WAL-MART, from building the store.

Everywhere Lowe's, Wal-Mart, or Home Depot have built stores in this area, they have imported non English speaking scab labor exclusively! I've picketed their jobsites for the Building Trades Unions. They are ALL on the union's boycott list here. 84 lumber shut down a factory here, that made roof trusses, because the plant workers tried to unionize, so add them into the scabby mixture too.

I'm going today to help a friend, buy about 300 feet of oak trim boards and we're going to a local retailer who mills the trim lumber on his own lot. My friend was going to buy at Lowe's and I told him about the folks we're going to see today. This guy does his own work and sells the lumber cheaper than any of the big three scabby outfits. If he wasn't making money he'd have quit 10 years ago. There are at least three other independent lumber suppliers in this area, who the unions do support. If you look, you will find local people in your area, who are fighting to stay in business and who will be more than happy, to treat you right, when you shop there.

Buy what you can at Sears, because even though they sell some foreign made goods, they still build their stores union. We turned K-Mart around in this area, by using the union boycott. After 20 years of building union around here, about 15 years ago K-Mart started using non union contractors to build and remodel their stores. We picketed them everywhere they started building and passed out flyers at ALL their locations and after about 2 years of us hounding them, they signed on to build union again.

I've seen it happen! If enough people just say no to the scabs and boycott, they can and do win.

[devinsgram]

21. In my area of PA,

Hershey = Palmyra, Walmart and Lowes are side by side and have heard that Walmart owns 40% of Lowes.