News

DIY Giant Lowe’s Turns To Pro Market With $1.3 Billion ADG Acquisition
Home improvement giant Lowe's has agreed to acquire Artisan Design Group for $1.325 billion as it ramps up its contractor ...
Lowe's announces store closures in underperforming locations amid new strategic overhaul
Lowe's move to close underperforming stores follows a pattern seen in 2018 when the company shut down 51 locations. As the ...
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Lowe’s makes $1.3 billion acquisition deal to compete with Home Depot
ADG will expand Lowe’s Pro offering into a new distribution channel within a highly fragmented, approximately $50 billion market, company leaders said. “We are thrilled for ADG to join forces ...
Lowe’s to buy interior design company for $1.3 billion, expanding its pro market reach
Lowe’s has signed a definitive agreement to acquire Artisan Design Group for over $1.3 billion, the Mooresville-based home improvement company said Monday. ADG will expand Lowe’s Pro service offerings ...
Lowe’s spending over $1 billion on Dallas company that targets home interiors
A Dallas company, Artisan design Group, that assists in with housing interiors is getting purchased for $1.33 billion by Lowe ...