Lowe’s Buys Online Retailer ATG Stores

In a move that reflects the increased importance of online shopping in the home-improvement market, Mooresville-based Lowe’s Inc. announced Thursday it has purchased ATG Stores, an online retailer of home improvement and lifestyle products. The Kirkland, Wash.-based ATG has more than 500 websites offering 3.5 million products from more than 3,300 name-brand manufacturers. It also has two retail locations in Washington state, according to its website.

(as reported by The Charlotte Observer)