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Business

“Home Depot’s $18 Billion Acquisition: Genius Move or Waste of Money?”

“…The company just announced its biggest acquisition ever, taking over SRS Distribution for $18.25 billion, including SRS’s debt. Home Depot said the deal would expand its addressable market by around $50 billion, and CEO Ted Decker called SRS “An industry… Continue Reading…

Business

“Under Armour to raise hourly wages to $15 for more than 8,000 retail, distribution workers”

“Under Armour announced Wednesday it is raising wages for hourly retail workers to $15 in the United States and Canada, impacting more than 8,000 jobs. The increases, which could be as much as 50% for some workers, will be effective June… Continue Reading…