Lowes Rental Equipment: MOORESVILLE, N.C., Aug. 19, 2020 — Lowe’s is now offering tool rental. Today, the firm announced that it would begin rolling out tool rental departments across the country, establishing a one-stop-shop for all the tools and equipment that Pros and DIY clients require to accomplish home renovation projects.
Lowe’s Tool Rental Equipment will open its first location on Aug. 20 in Charlotte, N.C., as part of a multi-year nationwide rollout.
The items will be available to hire on tool lowes rental equipment department:
Brand-new fleet of commercial-grade machines, like Husqvarna, Bosch, and Metabo HPT.
A large selection of drain cleaning, restoration, sanitation, and concrete
tools and accessories for rental tools, such as protective equipment and cleaning solutions, are available for purchase.
With an online reservation option, in-store self-service kiosks, and digital documents that can be signed and read from a mobile device, technology enables a simple and convenient check-in and check-out process.
The dedicated staff of knowledgeable associates can show one how to use the product.
A fully equipped mechanic shop to service tools, space for on-site cleaning, and product demo spaces make up around 4,000 square feet of space.
The working of Lowes Rental Equipment on Customers
“Every job requires the correct tool for all of our customers, but they may not always want to acquire
a new tool or piece of equipment. Lowe’s Tool Rental helps clients save money on the tools they need by letting them rent them instead of buying them, “Lowe’s senior vice president of pro sales and services, Fred Stokes, stated.
“Offering tool rental as the new home for Pros is just one more way we’re committed to keeping them working. Tool rental will allow a Pro to get back to the workplace faster, saving them time and money, whether their tool malfunctions
on the job, needs maintenance, or they want to try something new.”
Lowe’s Tool Rental departments will be freshly built spaces that either expand the Lowe’s shop or are adjacent to an existing store on Lowe’s land. Visit www.Lowes.com/Rental for more information about Lowe’s Tool Rental.
Forward-looking statements are marked with an asterisk | Lowes Rental Equipment
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Expectations, projections, and assumptions about future financial and operating results, objectives, business outlook, priorities, sales growth, shareholder value, capital expenditures, cash flows, the housing market, the home improvement industry, demand for products and services, share repurchases, and Lowe’s strategic initiatives, including those relating to acquisitions and dispositions
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Customer’s satisfaction on Lowes Rental Equipment
Changes in general economic conditions, such as the rate of unemployment, interest rate and currency fluctuations, fuel and other energy costs, slower growth in personal income, changes in consumer spending, changes in the rate of housing turnover, and other factors could materially affect our ability to achieve the results expressed or implied by these forward-looking statements.
Like but not limited to, changes in general economic conditions, such as the rate of unemployment, interest rate and currency fluctuations, fuel and other energy costs, slower growth in personal income, changes in consumer spending, changes in Investors and others.
It should carefully consider the foregoing factors, as well as other uncertainties, risks, and potential events described in “Item 1A – Risk Factors”. In our most recent Annual Report on Form 10-K and as updated from time to time in Item 1A in our quarterly reports on Form 10-Q or other subsequent filings with the SEC, including, but not limited to, those described in “Item 1A – Risk Factors”.
In our most recent Annual Report on Form 10-K and as may All forward-looking statements speak only as of the date they are made, and we make no commitment to update these statements unless required by law.
Lowe’s Information | Lowes Rental Equipment
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement retailer in the United States and Canada, servicing roughly 18 million consumers every week. Lowe’s and its connected businesses run or service over 2,200 home improvement and hardware stores and employ roughly 300,000 workers, with the fiscal year 2019 sales of $72.1 billion.
Lowe’s, based in Mooresville, N.C., helps to create the next generation of skilled trade specialists and supports the communities it serves through programs aimed at ensuring safe, affordable housing.