Lowe's acquires FBM & Building Building Products to expand its Pro market reach, product selection, and capitalize on the expected housing recovery, aiming for sustainable sales and investor value.
Retail news: NY law on algorithmic pricing, Big 5 acquisition by Worldwide Golf, Ulta's expansion, Inkey List at Ulta, Baskin-Robbins & Laneige collab, Sanrio x Children's Place, JC Penney collection.
Lowe's is acquiring Artisan Design Group for $1.3B to boost its pro services and expand its market by $50B. This acquisition enhances Lowe's strategy to capture professional spending and construction growth.
