Lowe's recognizes Pella®, Schluter Systems and
Klein Tools as This Year's Outstanding Suppliers; Henkel Named
Lowe's Sustainability Partner of the Year
MOORESVILLE, N.C., Oct. 1, 2024
/PRNewswire/ -- Lowe's Companies, Inc. announced it has named
Pella®, Schluter Systems and Klein Tools as the company's 2024
Vendor Partners of the Year. The suppliers were recognized for
their commitment to delivering quality products, innovation, value
and service to Lowe's customers.
Additionally, Lowe's has recognized Henkel as its Sustainability
Partner of the Year for its commitment to reducing emissions and
investing in renewable energy. In May, Henkel continued to show its
dedication to sustainability efforts by driving change through
industry collaboration at its first hosted North American
Sustainability Exchange conference. As an industry leader, Henkel
is constantly developing more sustainable packaging by increasing
the use of recycled content and creating more sustainable
products.
"We always enjoy honoring our vendor partners who have gone
above and beyond for our customers and for Lowe's," said Bill
Boltz, Lowe's executive vice president, merchandising. "These
vendor partners have continuously put our customers' needs first,
consistently bringing innovation and value to market, delivering on
their commitments and contributing to our success. Our priority is
to help our vendor partners grow their business with Lowe's and we
appreciate the partnerships that have been cultivated over the
years."
Lowe's named overall Vendor and Innovation Partners of the Year
and divisional category winners for each of its three merchandising
divisions: building products, hardlines and home décor. The 2024
winners include:
Building Products
Vendor Partner of the Year: Pella® has leveraged
our exclusive partnership to launch new innovations including their
hidden screen window technology and is committed to
strategically moving the business forward through creative concepts
while always assessing the total marketplace. Pella also partnered
in the creation of a new shopping experience and customer outreach
via the Lowe's Media Network.
Innovation Partner of the Year: Klein Tools
continues to improve the performance of its tool and testers
business in the electrical aisle. By bringing Lowe's innovative
products with 167 years of brand equity, Klein has continued to
produce classic Klein tools as well as exclusive new products. When
it comes to innovation, Klein is constantly working to make the
tradesman's job easier with Klein tools and strives to enhance
Lowe's electrical assortment.
Georgia Pacific,
Charlotte Pipe, Prime
YFC and OldCastle were also recognized as divisional
winners in the building products category.
Hardlines
Vendor Partner of the Year: Klein Tools
successfully launched over 150 products across Tools, including two
exclusive platforms – Klein MODBox and Klein Knect since its
partnership with Lowe's in 2023. Klein plans to add an additional
100 items in the near future and has collaborated with several
teams beyond Merchandising to ensure the successful launch of
products across various Merchandise divisions, helping to drive a
strong message to Lowe's Pro customers.
Innovation Partner of the Year: Chervon curated a
robust lineup of EGO Lifestyle products providing customers
industry leading innovation and further expanding the versatility
of the EGO 56V battery platform. New products included a 20"
Chainsaw featuring an anti-kickback sensor, 9 gallon Wet/Dry Vac,
3200psi Pressure Washer, Cordless Nailers driving an industry
leading 2,200 nails on a single charge, 8" Earth Auger
delivering 65 foot-pounds of torque, and a Minibike with top speed
up to 28mph.
In addition, OldCastle, Toro and Hillman
were recognized as divisional winners in the hardlines
category.
Home Décor
Vendor Partner of the Year: Schluter
Systems leads the industry in the tile shower
waterproofing category. Schluter uses its extensive network of
field trainers to educate Pros on the benefits of its products as
well as provide a full-field team dedicated to assisting with
category maintenance and in-store associate training. Schluter
continues to identify opportunities to enable store growth, create
new merchandising concepts and update products that drive
performance improvements for the business while ensuring Lowe's has
the product needed to meet customer needs.
Innovation Partner of the Year:
Shaw partnered with Lowe's to bring a new liquid
protection carpet to market under the STAINMASTER Pet Protect®
brand as a result of strategic, in-depth customer research. Shaw
used LeakDefense technology that helps prevents liquid from
penetrating the backing of the carpet and reaching the carpet pad
or subfloor where mold, mildew and odors originate, proving that
any product can be elevated when paired with persistence and
critical creative thinking.
American Plastics, Graco, Masterbrand and LG were
also recognized as divisional winners in the home décor
category.
About Lowe's
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home
improvement company serving approximately 16 million customer
transactions a week in the United
States. With total fiscal year 2023 sales of more than
$86 billion, Lowe's operates over
1,700 home improvement stores and employs 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.
Media Contact:
Amanda Caskey
amanda.caskey@lowes.com
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SOURCE Lowe's Companies, Inc.