Lowe's Companies, Inc. : Lowe's to Offer Appliance Innovations from LG Electronics Starting in 2013
12/03/2012| 09:20am US/Eastern
Stores Nationwide and Lowes.com to Carry LG Kitchen, Laundry
Furthering its commitment to delivering customers the best in appliance
selection, Lowe's today announced plans to bring stylish, innovative and
energy efficient home appliances from LG Electronics into its stores for
the first time, starting in the first quarter of 2013. The products also
will be available on lowes.com.
LG-brand refrigerators, washers, dryers, dishwashers and ranges are
among the appliances to be carried in more than 1,700 Lowe's locations
across the United States. The new line will include the industry's
largest total capacity refrigerator at 33 cubic feet (Model LFX33975ST)
and a host of products awarded the ENERGY STAR® "Most Efficient"
"Through this strategic alliance with LG, our stores will now have a
broader assortment of innovation and leading designs in appliances to
help customers improve and maintain their homes," said Craig Webber,
Lowe's merchandising vice president. "When combined with our service
advantages of next-day delivery capabilities and in-house facilitation
of repairs and maintenance, Lowe's appliance offering provides the best
in customer experience and simplicity."
Chris Jung, president, home appliances, LG Electronics USA, said, "As a
retailer that recognizes the value of innovation and shares a commitment
to energy-efficient product offerings, Lowe's is a perfect fit for LG
home appliances. Through our new alliance with Lowe's, even more
consumers looking for innovative and attractive appliances will be able
to find LG for their homes."
LG appliance innovations include direct-drive motors on its washing
machines and linear compressors on its refrigerators to improve
reliability, performance and efficiency. LG is a top brand in front-load
washers in the United States and an award-winning leading innovator in
French Door refrigerators.
Supporting Lowe's commitment to environmental sustainability, LG is a
leader in delivering energy efficient products to the market, boasting
more than 600 products that have earned the ENERGY STAR label, including
the majority of its refrigerators and washing machines sold in the
United States. More than 60 LG products have received the ENERGY STAR
"Most Efficient" designation. This coveted distinction by the EPA
recognizes the most energy-efficient products in their categories among
those that have earned the ENERGY STAR label.
As one of the nation's largest appliance suppliers, Lowe's offers more
in-stock appliances than any other retailer and offers easy installation
services, including free next-day delivery. Lowe's also facilitates all
appliance maintenance and repairs through independent contractors,
standing behind what it sells, to give consumers peace of mind with
For more information about Lowe's appliance offerings, visit www.lowes.com/appliances
and find information on LG appliances in the beginning of 2013. For more
information on LG appliances, please visit http://www.lg.com/us/appliances.
With fiscal year 2011 sales of $50.2 billion, Lowe's Companies, Inc. is
a FORTUNE® 100 company that serves approximately 15 million
customers a week at more than 1,745 home improvement stores in the
United States, Canada and Mexico. Founded in 1946 and based in
Mooresville, N.C., Lowe's is the second-largest home improvement
retailer in the world. For more information, visit Lowes.com.
About LG Electronics USA
LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North
American subsidiary of LG Electronics, Inc., a $49 billion global force
and technology leader in consumer electronics, home appliances and
mobile communications. In the United States, LG Electronics sells a
range of stylish and innovative home entertainment products, mobile
phones, home appliances, commercial displays, air conditioning systems
and solar energy solutions, all under LG's "Life's Good" marketing
theme. LG Electronics is a 2012 ENERGY STAR Partner of the Year. For
more information, please visit www.lg.com.
Jaclyn Pardini, 704-758-4317
John I. Taylor, 847-941-8181
© Business Wire 2012