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Lowe's: Will buy overseas, not build

Posted: August 21, 2014 at 2:32 a.m.

A Lowe’s employee walks down an aisle in the store in Saugus, Mass., in this file photo. The company said it plans to open 15 stores this year.

If North Carolina-based Lowe's Inc. decides to expand overseas, Chief Executive Officer Robert Niblock said the home improvement company will look to do so by buying existing firms, rather than muscling in with more Lowe's stores.

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