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Home Depot to buy building supply distributor SRS for $18.25B

Home Depot announced it will acquire SRS Distribution, which sells supplies to builders, roofers, landscapers and pool contractors, in a massive $18.25 billion deal that includes assumed debt. Home Depot said in an article: press release announced Thursday that it expects the transaction to close during the 2024 fiscal year, which ends at the end […]

Home Depot bulks up Pro-business with $18.25B deal for building products supplier SRS

National Retail Federation CEO Matt Shea explains how difficult it is to negotiate in an environment of ‘uncertainty’. The Home Depot aims to expand its professional customer base to better address lukewarm demand, buying building materials supplier SRS Distribution for $18.25 billion, the largest deal for a top U.S. home improvement chain. The company plans […]

Home Depot Founder Bernie Marcus Issues Battle Cry to GOP: Unite Behind Trump

Home Depot founder Bernie Marcus on Tuesday implored Republicans to do more to support former President Donald Trump as he seeks to return to the White House. Anything less would be a recipe for disaster “for the future of our democracy.” Marcus appealed in commentary. piece Published online in Real Clear Politics. The 94-year-old has […]

Former Home Depot CEO sounds alarm on ‘tremendous shift’ in labor market

Former Home Depot CEO Bob Nardelli talks about shrinking as Americans continue to feel the effects of economic pressures, Biden’s response to the US economy and the rising national debt. He talked about rations. A former top American corporate executive warns that the U.S. economy is not on a rapid recovery path, with rising inflation […]

‘Massive Blaze’ After Ukraine Drone Attack on Oil Depot Inside Russia

Associated Press – A Ukrainian drone struck an oil depot in western Russia on Friday, causing a massive fire, officials said. Kiev forces appear to have expanded their attacks on mainland Russia ahead of the second anniversary of the war. The local governor said four oil reservoirs with a total capacity of 6,000 cubic meters […]