Tag: Lowe’s

MOOREVILLE, N.C.—In the two years since Lowe's launched Iris, the new do-it-yourself home automation/home security product is doing so well it's offered in Lowe's stores nationwide and the company is trialing a professional installation option for customers who need extra help.The home improvement retailer, based here, also recently announced the launch of some new Iris home automation products, including a smart garage door controller, an electronic pet door, a window blinds controller and...

YARMOUTH, Maine—Selling home security at retail stores is one of the hottest trends in the industry. Comcast, AT&T and Lowe's are among the big players doing it, and some smaller companies are carving a niche there as well. But the majority of SSN poll respondents see it as something else: a fad that won't be supported in the long run by customers.Fifty-one percent of readers who participated in the June News Poll said their companies aren't interested in selling security at retail outlets....

AUSTIN, Texas—The penetration rate for U.S. residential intrusion alarm products will increase by 5 percent to 8 percent during the next three years, aided by the entrance of the new telecom and cableco players in the market, according to a recent study by IMS Research, now part of IHS.Adi Pavlovic, security and fire analyst for IHS, told Security Systems News that it's too early to tell how much the new players already have increased the penetration rate, which has been stalled at about 20...

MOOREVILLE, N.C.—Lowe's, the world's second-largest home improvement retailer, announced July 19 that it has launched Iris, its new home automation/home security service. The do-it-yourself, cloud-based service currently is available on Lowes.com and will be offered in the company's 500 stores nationwide late in August, Sarah-Frances Wallace, a spokeswoman for Lowe's, told Security Systems News.“It's a DIY system. It's something that can literally be pulled off the shelf at our store...