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Lowe’s acquires online retailer ATG Stores
Home improvement retailer Lowe’s has acquired ATG Stores, an online retailer of home enhancement and lifestyle products based in Washington. Lowe’s said the deal allowed it to capitalise on complementary strengths and employees’ expertise by sharing best practices for online marketing and merchandising.
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Joint venture between Woolworths and Lowe’s opens
Woolworths and US DIY retailer Lowe’s have opened their first store in Melbourne, Australia. The joint venture is a 145,315 sq ft hardware warehouse, and is the result of three years of planning. The store represents Lowe’s first foray outside North America and is the first joint venture of this ...