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Home Depot acquiring SRS Distribution for $18.25 billion to grow pro sales
Home Depot on Thursday said it is acquiring SRS Distribution in an $18.25 billion deal, the latest and largest sign of its ambitions to drive sales by winning more business from contractors, roofers and other…
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Inflation vs. deflation: Retailers fear falling prices
A man with a paper bag of groceries looks surprised and upset at a receipt from a supermarket with high prices against the background of an escalator with customers in the shopping center. Elena Perova…
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Top Wall Street analysts say buy Amazon & Walmart
The Amazon logo is seen at the company logistics center in Lauwin-Planque, northern France. Pascal Rossignol | Reuters Stocks have been volatile over the last two months, and the way ahead is looking tumultuous. Investors…
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Home Depot (HD) earnings Q4 2021
Home Depot on Tuesday said sales grew 11% in the fiscal fourth quarter, as the retailer topped Wall Street’s expectations and said it sees sales growth ahead for 2022. The company said it expects earnings…
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Retailers begin reporting earnings, with delta variant a big wild card
Traders on the floor of the New York Stock Exchange. Source: NYSE Retail earnings have never been better, but the delta variant remains the wild card. In theory, this is a golden moment for retailers,…