The Home Depot announced it has entered into an agreement for its specialty trade distribution subsidiary, SRS Distribution Inc. (SRS), to acquire GMS Inc. (GMS), a leading North American speciality building products distributor, for $5.5 billion. “The Home Depot acquired …
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The Home Depot Canada recently announced the opening of their newest store location in Fort McMurray, Alberta, opening in the spring of 2026. The store will be Home Depot Canada’s 28th store in Alberta and its northernmost store in the …
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The Home Depot recently announced Angie Brown has been named as the company’s executive vice president (EVP) and chief information officer (CIO). “Angie is an exceptional leader whose customer-first mindset consistently drives meaningful innovation across our business,” says Ted Decker, …
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During the first quarter of 2025, big-box home improvement retailers Lowe’s, Home Depot and Tractor Supply Company saw year-over-year increases in net sales but declines in net earnings. See the round-up and side-by-side comparisons below and read the full stories …
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The Home Depot released its Q1 2025 financials, reporting sales of $39.9 billion for the first quarter of fiscal 2025, an increase of 9.4% from the first quarter of fiscal 2024. Comparable sales for the first quarter of fiscal 2025 decreased …
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The Home Depot footprint continues to expand across North America, with more than 20 new locations opening in the U.S. since 2023. The company recently outlined its newest store locations across multiple states throughout the rest of the year. Spring …
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The Home Depot announced it has expanded its long-term partnership with Behr Paint Company to exclusively offer KILZ branded primer products in the U.S. and Puerto Rico. Home Depot will become the only home improvement retailer to sell KILZ products. “We’ve heard …
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The Home Depot and Lowe’s recently launched their respective AI tools to provide personalized assistance in home improvement projects. Home Depot’s “Magic Apron” Home Depot is launching its suite of generative AI tools, named Magic Apron. The tools will help …
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