BNET Industries

Lowe's Food Stores Inc.

is in the Food Industry

Last Fiscal Year Sales:$1.5B

Private
US

Dow Jones Description

Lowes Foods began in 1954 as a single store in Wilkesboro, NC, and has grown to become a major supermarket chain operating in North Carolina, South Carolina and Virginia. The company grew rapidly during the 1960s, '70s and early '80s. Lowes Foods was acquired by Merchants Distributors, Inc. (MDI) in 1984 and began an aggressive expansion program in 1986, opening 19 stores over the next four years. In 1997, Lowes Foods acquired Byrds Food Stores, located in eastern North Carolina. It continued its growth in 2000 with the purchase of 13 Hannaford stores. Today Lowes Foods operates more than 100 stores and continues to open new stores throughout North and South Carolina. Lowes Foods has always had a strong customer orientation. Our stores reflect the varied needs and desires of shoppers in different areas. Stores, products and services are continually updated to meet the changing needs of customers. In the 1990s, Lowes Foods introduced FreshSmart stores, with an emphasis on customer service and fresh produce, meat, seafood, deli and bakery items. While selection may vary from store to store, our commitment to quality, value and service are the same no matter where you shop. Lowes Foods is part of the Alex Lee family of companies. Alex Lee was formed in 1992 after MDI purchased Institution Food House (IFH), creating an integrated food distribution company. Alex Lee was named in honor of its founders, Alex and Lee George. Alex and Lee were generous people who cared about both...

Vice President, Marketing

Barbara Saulpaugh

Number of Employees 8,000

Contact Information

1381 Old Mill Cir Ste 200

Winston Salem, North Carolina 27103

www.lowesfoods....

(336) 659-0180

Peer Companies

NAICS Code Supermarkets and Other Grocery (except Convenience) Stores: 445110

Executive Profiles

Decision Makers

Name (plus bio)	Position
Barbara Saulpaugh	Vice President, Marketing
Lisa Selip	Director, Marketing
Ronald W. Knedlik	Controller & Director, Finance
Cindy Silver	Nutritionist Links

Organization	Position	Status
Lowe's Food Stores, Inc.	Vice President, Marketing	Current

Organization	Position	Status
Lowe's Food Stores, Inc.	Director, Marketing	Current

Organization	Position	Status
Alex Lee, Inc.	CFO & Executive Vice President, Finance	Current
Lowe's Food Stores, Inc.	Controller & Director, Finance	Current
MDI Management Inc.	Treasurer & Secretary	Current
Institution Food House, Inc.	Treasurer	Current
Merchants Distributors, Inc.	Treasurer	Current
Merchants Transport of Hickory	Treasurer & Secretary	Former
Institution Food House, Inc.	Treasurer	Former

We help shoppers cut through confusing information about health and nutrition. Our corporate nutritionist, Cindy Silver, MS, RD, LDN, provides accurate, reliable and practical information. Each store offers free nutrition and health brochures, newsletters and healthy recipes. Our weekly in-store ad also features recipes and quick and healthy meal plans for busy families. Cindy is also available to answer your nutrition questions. She can be reached at 1-800-311-2117 or by e-mail, cindynutrition@lowesfoods.com cindynutrition@lowesfoods.com .