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flag Lowe's buys Artisan Design Group for $1.3B to boost services and compete with Home Depot.

flag Lowe's, a major home improvement retailer, is acquiring Artisan Design Group (ADG) for $1.3 billion to enhance its services and compete with Home Depot. flag ADG provides design, distribution, and installation services for home interiors. flag The acquisition aims to expand Lowe's offerings and tap into a $50 billion market, expected to close in the second quarter of 2025.

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