LOWE's ACCELERATES ITS ONLINE MARKETPLACE, ANNOUNCES PARTNERSHIP WITH MIRAKL

(MENAFN- PR Newswire) Through its partnership with Mirakl, Lowe's is positioned to scale its e-commerce business faster while allowing trusted marketplace sellers to easily manage their catalogs on Lowes, better serving customers wherever they are in their home improvement journey. Since launching its marketplace, Lowe's has expanded its offerings from third-party sellers including indoor and outdoor furniture, kitchen and bath, home décor, power and hand tools, and more. This provides more options alongside Lowe's extensive product assortment available in-store and online at Lowes, catering to the needs of both do-it-yourself homeowners and professional customers.

"Lowe's is committed to being the world's most customer-centric omnichannel retailer, and that starts with having the right products and brands for customers and their homes at the right prices," said Lowe's Chief Digital and Information Officer, Seemantini Godbole. "Our partnership with Mirakl allows Lowe's Marketplace to offer a full complement of products to homeowners for every project around the home, driving our Total Home Strategy forward."

In addition to offering customers more choices on its marketplace from popular brands, Lowe's Marketplace will feature products ranging the full price spectrum – from value to premium products – while also allowing Lowe's to branch into new product categories across the home.

"Lowe's Marketplace extends our aisle to better meet the needs of our customers, bringing them more of the products they want from brands they trust," said Lowe's Vice President of Marketplace, Michael McCluskey. "Mirakl is a proven leader in online retail marketplaces, and joining forces with their team furthers our commitment of creating a robust marketplace, with thousands of items that help home improvement customers find everything they need to make the house of their dreams."

Benefits of Lowe's Marketplace extend to members of MyLowe's Rewards loyalty program, with members accruing points on any marketplace purchase. All marketplace products are currently available for home delivery, and customers may return marketplace products purchased through Lowes directly to any of Lowe's over 1,700 stores, creating more convenience for customers.

Verified sellers within Lowe's Marketplace range from small businesses up to nationally recognized brands, including existing Lowe's suppliers. Lowe's carefully selects its sellers and monitors their ongoing performance and product ratings to ensure products are aligned to Lowe's brand and quality while providing a superior experience that customers know and expect from Lowe's.

To shop Lowe's Marketplace, visit lowes . Any business interested in becoming a verified seller on Lowe's Marketplace can visit Lowes/Marketplace to apply.

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 2024 sales of more than $83 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, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Lowes.

Media Contact
Cliff Cermak
Lowe's Companies, Inc.
[email protected]

SOURCE Lowe's Companies, Inc.

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