Lowe’s Launches Tool Rental Program Nationwide

Tool rental is now coming to Lowe’s. The company announced that it will begin rolling out tool rental departments nationwide, creating a one-stop shop for all the tools and equipment Pros and DIY customers need to complete home improvement projects. Lowe’s Tool Rental will begin a multi-year national rollout with its first space opening in Charlotte, N.C. on Aug. 20.

The tool rental department will feature:

– A brand-new fleet of commercial-grade equipment, including trusted brands like Husqvarna, Bosch and Metabo HPT
– A broad assortment of drain cleaning, restoration, sanitation and concrete tools, in addition to merchandise to accompany rental tools, such as protective equipment and cleaning solutions, for purchase
– Technology that enables an easy and convenient check-in and check-out process with an online reservation option, in-store self-service kiosks and digital documents that can be signed and viewed from a mobile device
– A dedicated team of knowledgeable associates who can provide hands-on product demonstrations
– Approximately 4,000 square feet of space with a fully equipped mechanic shop to service tools, space for on-site cleaning and product demo areas

“For all of our customers, having the right tool is key to every project, but they may not always want to purchase a new tool or piece of equipment. Lowe’s Tool Rental helps customers save on the cost of owning, maintaining and storing the tools they need,” said Fred Stokes, senior vice president of Pro Sales and Services for Lowe’s. “As the new home for Pros, offering tool rental is just another way we are committed to keeping them working. Whether a Pro’s tool fails on the job, needs a repair or they’re looking to try something new, tool rental will allow them to get back to the jobsite faster, saving them time and money.”

Lowe’s Tool Rental departments will be newly constructed spaces that either expand the Lowe’s store or are located on Lowe’s property next to an existing store. For more information on Lowe’s Tool Rental, please visit www.Lowes.com/Rental.

About Lowe’s

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 18 million customers a week in the United States and Canada. With fiscal year 2019 sales of $72.1 billion, Lowe’s and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ approximately 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com.

Source: Lowe’s Companies, Inc.