Lowe’s has agreed to buy an interior services provider for around $1.3 billion, the retailer’s latest effort to expand its footprint with professional contractors amid a soft housing market.
April 15, 2025Business, Equipment, Private, Top 100
Lowe’s °®¶¹´«Ã½s In on Professional Customers in $1.3 Billion Deal
Business, Private
°®¶¹´«Ã½ Depot Breaks Same-Store Sales Slump in Q4
°®¶¹´«Ã½ Depot broke a two-year slump in same-store sales during the fourth quarter as customer demand improved in a housing market that has been buffeted by soaring mortgage rates.
February 25, 2025Business, Logistics, Private, Global Freight, Top 100, Top 50
Value-Seekers Drove 2024's Retail Trends and Dead Ends
Value was in vogue in 2024. Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices.
December 30, 2024Business, Private
°®¶¹´«Ã½ Depot’s Q3 Results Top Expectations
°®¶¹´«Ã½ Depot continued to deal with a pullback in spending from customers in fiscal Q3, but it was less severe than in the past, and its performance beat Wall Street’s expectations.
November 12, 2024Business, Private
°®¶¹´«Ã½ Depot Trims Outlook for 2024
°®¶¹´«Ã½ Depot’s Q2 sales rose slightly as the retailer benefited from an $18 billion acquisition this spring, but customers continued to rein in spending.
August 13, 2024Business, Private
°®¶¹´«Ã½ Depot Buys SRS Distribution in $18 Billion Deal
°®¶¹´«Ã½ Depot will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion.
March 28, 2024Business
°®¶¹´«Ã½ Depot Tops Expectations Again
ATLANTA — °®¶¹´«Ã½ Depot topped profit and sales expectations in its most recent quarter, but sales continued to decline.
August 15, 2023