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Pros can use the Lowe's MVPs Business Tools to 'simplify their resupply process with easy order placement and tracking,' the company said.
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The announcement is part of Lowe's goal of reaching 50% renewable energy for its facilities by 2030, the company said.
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The in-person event on June 13 also will feature networking opportunities, a supplier fair and educational breakout sessions, Lowe's says.
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The retailer says the strategy will help it distribute its inventory more efficiently, according to a Wall Street Journal report.
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Lowe's reported that 4Q sales increased slightly year-over-year but decreased sequentially from 3Q 2022.
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After almost 50 deals in January, MDM highlighted just 29 during February, which still would have been a relatively high amount during any month over the past few years.
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Klein Tools products will be available in Lowe's stores and on Lowes.com in the second half of 2023, according to an announcement.
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The deal — originally announced in November 2022 — allows for the unit to go forward operating as RONA Inc.
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Regal Rexnord, Stanley Black & Decker, Emerson Electric, Ingersoll Rand, Kennametal and other industrial suppliers also made the list.
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Lowe's also committed to decreasing its scope 1 and scope 2 emissions by 40% and reducing scope 3 emissions by 22.5% by 2030.
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