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Tag: Lowe's



ADT reports second-quarter results

August 4, 2022Ken Showers, Managing Editor

BOCA RATON, Fla.—Smart home and small business security provider ADT released its second-quarter results today during an earnings call, with strong growth indicators and optimism for the third and fourth quarters. The tone of the call was positive focusing on yearly gains and a positive look at financial outcomes for the rest of 2022. “We delivered what I believe is our best quarter ever at ADT,” said ADT President and CEO Jim DeVries. A snapshot of the financials shows a...

ADT, Google, Jeff Likosar, Jim DeVries, Lowe's, Sunpro Solar

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Lowe's goes with UCC for professional monitoring

January 6, 2016Spencer Ives

MOORESVILLE, N.C.—Home improvement company Lowe's chose United Central Control as the professional monitoring partner for Iris, its DIY home automation system, Lowe's announced Jan. 4.“We've been working for a few years with Lowe's on this endeavor,” Mark Matlock, UCC's senior vice president told Security Systems News. “It's involved a lot of really comprehensive due diligence and working together to make sure we had the offering right, that Lowe's fit into the space properly...

DIY, Iris, Kris Bowring, Lowe's, Mark Matlock, Mike Lamb, Teresa Gonzalez, United Central Control (UCC)

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Time Warner going retail with IntelligentHome

June 19, 2013Tess Nacelewicz

NEW YORK—Time Warner Cable is joining the new trend of retailing home security by offering IntelligentHome, its home security/home management product, in its several hundred retail stores nationwide, according to Adam Mayer, VP of IntelligentHome.“We have retail stores where customers today can go to either subscribe to our other products—video, voice and data—[where] they can go with customer care issues, [and where] they can exchange equipment, so we certainly plan and we've...

Adam Mayer, American Fire & Security, AT&T, Comcast, home automation, IntelligentHome, Lowe's, SecureWatch 24, Security Options, The Alarm Company, Time Warner Cable

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Influx of telecoms, cablecos into security not alarming, study says

June 7, 2013Tess Nacelewicz

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...

Adi Pavlovic, AT&T, Comcast, Cox Communications, IHS, IMS Research, Lowe's, Time Warner, Verizon

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This Blog's on Fire (And Other Stuff)

Comcast sold on retail security sales

April 24, 2013Tess Nacelewicz

I've been writing about a new trend in the industry: selling home security in a retail environment. And now communications giant Comcast is one of the latest to embrace retail, opening a new store in Albuquerque, N.M. designed to let customers experience its Xfinity Home automation/home security product firsthand. Philadelphia-based Comcast on April 20 held a grand opening of its new Xfinity Customer Center, the company said. It invited elected officials and community leaders to tour the facility,...

AT&T, Comcast, Digital Life, Iris, Lowe's, The Alarm Company, Xfinity Home

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Lowe's selling Iris in Verizon Wireless stores

March 6, 2013Tess Nacelewicz

MOOREVILLE, N.C.—In a new partnership, home improvement retailer Lowe's has recently started offering Iris, its new home automation/home security product, in Verizon Wireless stores in 10 Eastern and Southern states.Lowe's also plans by the end of the year to dramatically expand the number of its own stores that sell Iris—from 500 stores currently to all of its approximately 1,700 retail stores nationwide, according to Kevin Meagher, Lowe's VP of Smart Home.Lowe's, which is based here,...

David Samberg, Iris, Kevin Meagher, Lowe's, Verizon Wireless

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General News

Security top concern for consumers interested in home automation

February 11, 2013Rich Miller

Sixty-two percent of consumers interested in learning more about home automation said security was their primary motivation, with 67 percent preferring professional installation over do-it-yourself systems when making a purchase, according to new research by the Consumer Electronics Association.The report, “Consumer Perspective on Home Automation,” found that 49 percent of consumers are familiar with systems that allow them to remotely monitor or control one or more technology features...

Consumer Electronics Association, DIY, home automation, Lowe's, Security Systems News (SSN)

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Also Noted

Lowe's, Honeywell VPs to speak at Smart Energy Summit

January 31, 2013SSN Staff

DALLAS—Parks Associates today announced the keynote speakers for the upcoming Smart Energy Summit, scheduled for Feb. 25-27 in San Antonio, according to a news release. Jeremy Eaton, vice president and general manager of Honeywell Smart Grid Solutions, and Kevin Meagher, vice president and general manager of Smart Home, Lowe's Cos. Inc., will deliver the keynote addresses at the summit, which is hosted by Parks Associates and titled “Engaging the Consumer.” The summit will address...

Honeywell, Jeremy Eaton, Kevin Meagher, Lowe's, Smart Energy

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General News

Doubling residential penetration: Pie in the sky or an eventuality?

December 12, 2012Rich Miller

YARMOUTH, Maine—Forty percent residential penetration.ADT CEO Naren Gursahaney said recently that it's not a “moonshot,” and Honeywell Security Products President Scott Harkins said his company shared the expectation that it could happen. But given that the rate has hovered at 20 percent for years, is it realistic to believe it can be doubled? Or is that just optimism from the corner office?The latest SSN News Poll shows that Gursahaney and Harkins aren't alone in their thinking....

ADT, AT&T, Honeywell, Lowe's, Naren Gursahaney, Scott Harkins

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Honeywell aims at doubling residential penetration

November 7, 2012Tess Nacelewicz

HOLLYWOOD, Fla.—Honeywell Security Products President Scott Harkins said last week that he believes the industry's residential security penetration rate could double to 40 percent, and that Honeywell aims to become “the Apple of the industrial world,” combating the growing do-it-yourself security system trend by creating products that are easy to install, sell and use.“I saw that ADT … suggested that they thought market penetration could be 40 percent,” Harkins told...

First Alert, Honeywell, Lowe's, Marek Robinson, Scott Harkins

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