The Home Depot to Acquire SRS Distribution for $18.25B

Retail
Written By Rick Watson

The Home Depot is a leading home improvement retailer with a vast network of stores, distribution centers, and product offerings across the United States. The company primarily caters to both do-it-yourself homeowners and professional contractors, offering a wide range of building materials, tools, and home improvement products.

The Home Depot has acquired SRS Distribution, a residential specialty trade distribution company, for approximately $18.25 billion through cash and debt. Home Depot continues to invest in its professional contractors segment.

Retail Dive: Home Depot to acquire building products supplier for $18.25B

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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