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Tag Archives: Industry News

The Home Depot Completes SRS Distribution Acquisition

The Home Depot

The Home Depot has completed the acquisition of SRS Distribution (SRS) for $18.25 billion earlier than anticipated. SRS is a residential specialty trade distribution company that serves professional roofer, landscaper and pool contractors. The SRS agreement was previously announced in …

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R.P. Lumber Expands in Missouri

R.P. Lumber Alexander

R.P. Lumber announced it is acquiring Thorne Lumber Company, an independently-owned hardware and building materials retailer with three locations in northwestern Missouri. With this acquisition, R.P. Lumber will have 87 locations, including 20 in Missouri. “Strategically, this is the right …

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Q4 2022 Financials From Across the Industry

Q4 financials

See how several home improvement and other big-box retailers performed in the fourth quarter of 2022 with a round-up of Q4 financials. The Home Depot Sales for The Home Depot for the fourth quarter of fiscal 2022 were $35.8 billion, …

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See How Big-Box Retailers Performed in 2022

big-box 2022

Several home improvement and other big-box retailers shared financials from 2022. See how each performed last year. The Home Depot Sales for fiscal 2022 for The Home Depot were $157.4 billion, an increase of $6.2 billion, or 4.1%, from fiscal …

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Lowe’s Names New Chairman of Board of Directors

Marvin Ellison, Lowe’s president and CEO, has added an additional role to his job duties and will now also serve as the chairman of the board. Ellison, who joined the company in July 2018 as president, chief executive officer and …

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Webinar: Learn the Latest on Inventory Management

Inventory Management Webinar

What long-term effects will the pandemic have on the way retailers manage their inventory?  The North American Hardware and Paint Association (NHPA) invites all members of the independent home improvement, paint and decorating industry to the upcoming Inventory Management webinar …

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