I heard wall mart and lowes had the same owner if this is not true who is the parent corp for each company?

Question

I heard wall mart and lowes had the same owner if this is not true who is the parent corp for each company?

Answer 1

This is not true but a rumor that has been circulating around. Walmart and Lowe's are distinct and separate companies

Lowe's is owned by : Lowe's Companies, Inc

Walmart is owned by: WalMart Stores, Inc

Both companies are listed in New York Stock Exchange

Answer 2

both Wal-Mart and Lows are public corporation and are not owned by each other.

Each of these corporations has millions of shareholders.

Answer 3

The parent company of WalMart is ... WalMart.

(WalMart Stores, Inc., Bentonville, AR)

The parent company of Lowe's is ... Lowe's.

(Lowe's Home Centers, Inc., Mooresville, NC)

No connection between the two.