Original News

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 …

Tractor Supply Company announced the opening of its 500th garden center location in Lowell, Indiana. The company opened its first garden center in Rome, Georgia, in July 2020. To date, Tractor Supply operates garden centers in 41 states and plans to …

Consumers are still willing to buy even as smaller job and wage gains and high interest rates are slowing the growth of consumer spending, National Retail Federation (NRF) chief economist Jack Kleinhenz says. “U.S. economic growth for the remainder of …

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 …

Home Depot and delivery service provider Instacart have announced a partnership. The new relationship will offer customers nationwide same-day delivery as fast as one hour from Home Depot’s nearly 2,000 store locations. Customers can now order a wide range of …

Households and businesses across Maryland will soon be able to recycle their leftover paint after a new law was approved by the Maryland legislature and signed on May 9 by Gov. Wes Moore. The program is anticipated to begin in …

Economic growth slowed during the first three months of the year, but consumers are still spending more than last year, says Jack Kleinhenz, National Retail Federation (NRF) chief economist. “The U.S. economy lost some spring in its step during the …

3M announced a 90,000-square-foot expansion to its facility in Valley, Nebraska. The expansion will increase the plant’s manufacturing capacity and add roughly 40 new jobs. The $67 million investment includes new production lines, equipment and warehouse, and will help 3M more …