Lowe's Makes Major Move to Compete With Home Depot

Home Depot and Lowe's are the two biggest names in the United States when it comes to home improvement superstores. This week, Lowe's made a pretty significant move to help compete with Home Depot for the top spot.

This week, Lowe's announced that it had officially completed its acquisition of Artisan Design Group for just over $1.3 billion.

ADG is "a leading nationwide provider of design, distribution and installation services" that focuses on flooring, cabinets and countertops, Lowe's wrote in its news release.