Retail Stores

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Home Depot

Home Depot Acquires SRS Distribution – Paves the way for enhanced home improvement solutions

Home Depot, Inc. announced on March 28, 2024, that it has entered into a definitive agreement to acquire SRS Distribution Inc., for a total enterprise value (including net debt) of ~$18.25bn. The transaction is expected to be funded through cash on hand and debt. Moreover, the transaction is expected to close by the end of 2024, subject to customary closing conditions, including regulatory approvals.
Home Depot
HD has agreed to acquire SRS Distribution Inc., a leading company in supplying materials to professional roofers, landscapers, and pool contractors.
Home Depot
Home Depot has entered into an agreement to acquire International Designs Group (IDG) which owns and operates Construction Resources and other design-oriented subsidiaries.
Dollar general
DG has made progress in overcoming distribution capacity issues, but there’s a continued focus on enhancing the supply chain for better store service.
Costco Wholesale
Costco Wholesale- In Q1FY24, e-commerce sales saw a 6.1% increase excluding foreign exchange impacts, which is the first time it has gone up in five quarters. This increase was consistent throughout September, October, and November.
Kroger
Kroger, Albertsons, and C&S Wholesale Grocers are working with the Federal Trade Commission and individual state Attorneys General regarding its proposed merger and divestiture plan
Lowes
Lowes has formed a strategic partnership with the Toro Company to expand its brand portfolio. Toro’s products add to the company’s already strong lineup of outdoor power equipment, appealing to both Pro and DIY customers. LOW plans to introduce Toro products before the upcoming spring season, aiming to strengthen its position as the top retailer for outdoor power equipment.
Best Buy
Best Buy has recently introduced a new feature called Best Buy Drops on its Best Buy app. This feature offers customers the chance to get access to new product releases, limited edition items, launches and deals from a variety of categories.