Home Depot to buy SRS Distribution in $18.25bn deal

Home Depot said on Thursday that it has agreed to buy SRS Distributiona residential specialty trade distribution company, for around $18.25bn. The US home improvement retailer said SRS will accelerate its growth with the residential professional customer. With this acquisition, it now believes its total addressable market is around $1trn, an increase of approximately $50bn. […]

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Home Improvement Spending Expected To Drop 5.9% Through Q2 Of 2024 – Forbes Home

Key Takeaways Home renovation spending is expected to decrease from $486 billion to $457 billion in 2024. The main driving factors of this decrease include high and rising interest rates, lowering house price appreciation and a decrease in home sales.  Smaller projects and projects with high ROI should be prioritized during this time. The Joint […]

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