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Lowe’s gets smart about water heaters
ASHLAND CITY, Tenn. — Lowe’s is teaming up with American Water Heaters to offer homeowners the ability to remotely control their water heaters from their smart phones or tablets.
Iris is Lowe's exclusive smart home solution allows homeowners to monitor and control virtually everything in the home, including Energy Smart electric water heaters, which will feature Iris-compatible control modules. Homeowners can use the controls to set water temperatures and select operating modes, including the "Vacation" mode.
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Online sales boost Urban’s outlook
PHILADELPHIA — Urban Outfitters Inc. said its same-stores sales for the holiday season rose 9%, including its direct-to-consumer business. Excluding that unit, same-store sales fell 1%.
Total company net sales for November and December increased 15% to $666 million.
Among Urban Outfitters’ brands, comparable sales increased 33% at Free People, 10% at Urban Outfitters and 5% at Anthropologie. Direct-to-consumer net sales increased by 38% for the period and wholesale segment net sales increased 21%.