Lowe’s, hot off the heels of their new deal to carry the extremely popular outdoor power equipment brand, EGO, in store, has yet another major announcement that will have its customers excited: tool rental.
Announced last week, Lowe’s will be rolling out a tool rental program for contractors. Starting with their first tool rental department opening on August 20th at one of their Charlotte, North Carolina stores, the home center will continue to expand the concept throughout the country over the next few years.
Each tool rental department will contain:
Commercial-grade equipment, from manufacturers such as Husqvarna, Bosch, Metabo HPT, and Skilsaw, among others
A wide assortment of tool and equipment categories, such as concrete tools, ladders, paint & drywall, plumbing & pumps, power tools, tile saws, demolition tools, trailers, welding equipment, trenchers, and more.
In store self-service kiosks for checkout, digital documentation, and the ability to reserve tools online
4,000 square feet of space for tool service, on-site cleaning, and product demos
The tool rental areas will not be taking away from the existing floor space, the company says, and each store that adds the service will either be expanded or take over a spot adjacent to an existing store.
"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."
You can find out more about Lowe’s tool rental program by clicking or tapping here.
Shane is the creator of Construction Junkie and an active construction project manager. In his career, he has managed interior remodel projects, site development, construction safety, governmental project compliance, and facility maintenance. He has a strong passion for construction technology and safety, as well as sharing the knowledge or insights he has gained throughout his career.