Home Depot announced its acquisition of SRS Distribution in a significant $18.25 billion deal. AUSTIN, TEXAS - FEBRUARY 20: The Home Depot store is seen on February 20, 2024 in Austin, Texas.

Home Depot unveiled on Thursday its plan to open four new distribution centers explicitly designed for the needs of remodelers, contractors, and other home professionals.

Despite being the lead home improvement company, Home Depot is feeling the effect of high mortgage rates and inflation after a weak sales report and forecast.

Retail giant Home Depot offers a ray of hope to investors and consumers by asserting that the worst inflationary storm is behind us despite declining sales.

U.S. mutual funds are placing bigger bets on privately held companies to get a head start finding the next IPO superstar, a strategy that has yielded some dramatic payoffs and flameouts.

It may be by far the most valuable American company but Apple Inc still can’t get into at least one exclusive club – the 30-member Dow Jones Industrial Average.

Despite a disappointing Thanksgiving weekend, U.S. holiday sales may squeak by expectations if steeper and longer-running discounts lure enough shoppers.

Bebe Stores Inc said it detected a hacking attack on its payment processing system that could have compromised data from cards swiped in its stores in the United States, Puerto Rico and U.S. Virgin Islands.

Home Depot Inc (HD.N), the world's largest home improvement chain, said about 53 million email addresses were stolen during a recent breach of its payment data systems, in addition to some 56 million payment cards previously disclosed by the retailer.

U.S. President Barack Obama signed an executive order on Friday to beef up security measures for federal credit cards, and urged banks and retailers to follow suit in an effort to combat the growing threat of identity fraud.