Lowe's (NYSE: LOW) and Bilt, the neighborhood commerce and rewards platform, today announced a new partnership designed to make caring for and improving a home easier and more rewarding.
As the exclusive home improvement partner, this relationship brings Lowe's products, services and loyalty benefits into Bilt's network of over eight million members, creating new ways for customers to earn rewards on purchases, connect to MyLowe's Rewards* and purchase a subscription that helps take the work out of home maintenance.
Powered by Bilt Neighborhood OS™, an AI platform that helps businesses grow by reaching new customers and building loyalty through personalized experiences in their neighborhood, the partnership connects Lowe's with Bilt's marketplace spanning millions of homes and more than 50,000 merchant partners nationwide. The network includes sports venues, restaurants and fitness studios.
Bilt Neighborhood OS helps find their closest Lowe's store and surfaces relevant Lowe's offers and benefits to customers based on where they live and what they need.
For Lowe's, says this morning’s news release, “the partnership is another step in building a more connected loyalty ecosystem that meets customers where they are -- extending the relationship beyond a single purchase or project to provide meaningful value throughout the ‘life’ journey.”
Beyond the home, Lowe's continues to provide value for consumers across where they live, build, shop and work.
LOW shares began Tuesday trading down $3.54, or 1.5%, to $228.56.
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