Lowe's Companies, Inc. Announces Acquisition of ATG Stores

Lowe's Companies, Inc. LOW announced today the acquisition of ATG Stores, an online retailer of home improvement and lifestyle products based in Kirkland, Wash. The acquisition underscores Lowe's commitment to providing an endless aisle of products. The acquisition allows Lowe's and ATG Stores to capitalize on complementary strengths and employees' extensive expertise by sharing best practices for online marketing and merchandising. Utilizing ATG Stores' broad assortment of products and its strong online retailing operation is just another way Lowe's will deliver better customer experiences. “The addition of ATG Stores is a strategic fit, providing more opportunities for Lowe's to be a relevant partner at every stage of the home improvement process and deliver better customer experiences from inspiration to planning to enjoyment,” said Robert A. Niblock, Lowe's chairman, president and CEO. “ATG Stores is an extension of Lowe's commitment to providing consumers with flexibility, simplicity and value, whenever and wherever they choose to shop.”