Lowe's Hardware Remodels Offerings by Acquiring Online Retailer

In order to expand its offerings online, Lowe?s has acquired ATG Stores, a Kirkland, Wash.-based home improvement retailer that operates more than 500 Web sites, ranging from LightingUniverse.com to HandandPowerToolShop.com.�Terms of the deal were not disclosed. Lowe's said the 12-year-old company will continue to maintain separate branding and independent merchandising.

Source: http://allthingsd.com/20111229/lowes-hardware-remodels-offerings-by-acquiring-online-retailer/

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