Home Depot

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Home Depot Announces $18.25B Acquisition

In its biggest-ever deal, company is buying materials provider SRS Distribution

(Newser) - Home Depot has announced the largest acquisition in its history. The company will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion, the AP reports. With the deal, Home Depot steps more aggressively into the fast growing professional builder and contractor business....

Cops Kill Man Armed With Saw at Home Depot
Cops Kill Armed Man
in Home Depot

Cops Kill Armed Man in Home Depot

Suspect 'didn't listen,' grabbed a steel jab saw during encounter in Fontana, California

(Newser) - A frightening scene in the streets of California ended with a man fatally shot by police in a Home Depot. FOX 11 reports that cops with the Fontana Police Department first responded around 6pm local time to numerous 911 calls of an individual acting erratically in traffic, apparently trying to...

Cops: Pastor Made Unusual Request of His Rehab Patients

Prosecutors say he had them steal tools from Home Depot, which he then resold online

(Newser) - A Florida pastor who ran a drug recovery program also had an unexpected and lucrative side hustle, according to prosecutors. They say Robert Dell asked people in his program to steal tools from Home Depot, which he then resold on eBay, reports the Wall Street Journal . The alleged crime ring...

Actor Tyrese Gibson Is Suing Home Depot
Fast & Furious
Star Sues
Home Depot

Fast & Furious Star Sues Home Depot

Tyrese Gibson alleges racial discrimination

(Newser) - One of the Fast & Furious stars is suing Home Depot over alleged racial discrimination. Tyrese Gibson says he and two men helping him with a construction project "experienced outrageous discriminatory mistreatment and consumer racial profiling" at a store in West Hills, California, reports People . In his suit, Gibson...

Cops: Guy Pulled Same Con Over and Over at Home Depot

Connecticut man got nearly $300K in store credit by 'returning' pricey doors he hadn't bought

(Newser) - A Connecticut man was given nearly $300,000 in fraudulent Home Depot credit by walking into stores in several states, taking expensive doors, and then returning them without a receipt, federal prosecutors allege. Alexandre Henrique Costa-Mota, 26, of West Hartford, Connecticut, was detained without bail after a judge entered not-guilty...

Home Depot,Energy Stocks Weigh Down Market
Home Depot Adds to
Wall Street's Worries

Home Depot Adds to Wall Street's Worries

Retailer drops 2.2% after warning of flagging sales

(Newser) - Stocks on Wall Street sank Tuesday after Home Depot warned of flagging sales, the latest discouraging signal for an economy under pressure. The S&P 500 fell 26.38 points, or 0.6%, to 4,109.90. The Dow Jones Industrial Average dropped 336.46, or 1%, to 33,012....

Home Depot Just Hiked Its Starting Pay

The increase in the average starting salary to $15 an hour goes into effect this month

(Newser) - As the countrywide shortage of front-line workers continues, Home Depot is upping its average starting salary to $15 per hour. The increase for hourly workers went into effect earlier this month, NBC News reports. The home improvement chain says it is investing $1 billion in its hourly workers in the...

Home Depot Worker Accused of 4-Year 'Funny Money' Scheme

Officials say Ariz. man replaced nearly $400K in real currency with fake cash

(Newser) - Times are tough, but law enforcement officials say one Home Depot employee went too far and allegedly used his job to steal almost $400,000 over a four-year period, per the New York Daily News . Adrian Jean Pineda of Tempe, Ariz., was arrested Jan. 31 for allegedly replacing genuine currency...

Wall Street Slips as Retail Sales Slow Down
Home Depot Drops 4.3%
as Sales Slow Down

Home Depot Drops 4.3% as Sales Slow Down

Indexes fall back from record highs after disappointing data on retail sales

(Newser) - Stocks closed lower Tuesday, as data showed the coronavirus pandemic is still holding back the US economy. Retail sales fell a seasonally adjusted 1.1% in July from the month before, the Commerce Department said Tuesday. It was a much larger drop than the 0.3% decline Wall Street analysts...

Home Depot, Lowe’s in Sync on Masks

Both big-box retailers now require them

(Newser) - Do-it-yourselfers will need to wear masks if they get their supplies from Home Depot or Lowe's. Both big-box retailers have joined the growing list of merchants requiring face coverings amid the pandemic, reports Fox23 . The policy at Lowe's begins on July 20, while Home Depot's policy begins...

Walmart Stats Present a Snapshot of Pandemic

Sales surged, especially online, as Americans stocked up

(Newser) - The pandemic has brought financial ruin to some retailers . Not so with Walmart, whose sales boomed in the quarter that ended May 1, reports CNBC . Overall, same-store sales were up 10%, but the details show how the coronavirus radically altered shopping patterns. For one thing, online sales rose a staggering...

Costco Draws the Line on Customers

The retail giant limits how many shoppers can enter on a membership card

(Newser) - Costco shoppers, take note: The retail giant says starting Friday it will only allow up to two people inside stores on each membership card, USA Today reports. The company—which has seen huge lineups amid waves of panic buying— announced Wednesday that the "temporary change is for your safety...

Home Depot Worker Got 'Bomb Warning' Very Wrong
Home Depot Worker Got
'Bomb Warning' Very Wrong
in case you missed it

Home Depot Worker Got 'Bomb Warning' Very Wrong

It was just a guy joking about using the toilet

(Newser) - It's like a bizarre game of telephone gone hysterically wrong. As the Wichita Eagle explains, it began when a gent in a bathroom stall of a Home Depot in Wichita, Kansas, announced something like, "You all need to get out of here because I'm fixin' to blow...

Army Veteran, 70, Fired for Confronting Shoplifters

Jim Tinney violated store policy at Home Depot

(Newser) - A 70-year-old Army veteran has been fired from a Houston-area Home Depot after trying to stop suspected shoplifters from taking thousands of dollars' worth of merchandise. Jim Tinney says he was fired last month from the store in Pearland. Tinney acknowledges he was trained to not confront shoplifters and knows...

He Works at Home Depot—When Not Messing With Venezuela

Gustavo Diaz once tried to overthrow Chavez; now he lives in Alabama

(Newser) - When he's not selling padlocks at Home Depot in Hoover, Ala., 60-year-old Gustavo Diaz is heading what Venezuelan President Nicolas Maduro calls an "economic war" against his country, laid out in full by the Wall Street Journal . Diaz's instrument: his DolarToday.com website, which Venezuela insists posts...

Home Depot Worker's Anti-Trump Hat Spurs Racist Tirade

Krystal Lake's 'America Was Never Great' cap didn't go over well in Staten Island

(Newser) - A Staten Island college student says she's had racist statements and even death threats hurled at her online since she wore an anti-Trump hat to her job at Home Depot over the weekend, the Staten Island Advance reports. Krystal Lake, 22, donned the cap, which read "America Was...

Woman Who Shot at Thieves Loses Concealed Weapon

'I will never help anybody again'

(Newser) - A woman who shot at two shoplifters outside a Detroit Home Depot back in October was sentenced to 18 months of probation and had her concealed gun permit taken away on Wednesday, the Chicago Tribune reports. "I don't believe any malice was involved in what you were doing,...

Woman Charged for Firing at Suspected Shoplifters

Her lawyer insists she was being a 'good Samaritan'

(Newser) - A suburban Detroit woman licensed to carry a concealed weapon was charged after authorities say she shot and flattened an SUV's tire to stop two suspected shoplifters fleeing a Home Depot parking lot. Tatiana Duva-Rodriguez, 46, of Clarkston, was arraigned Tuesday for reckless discharge of a weapon in the...

2 Employees Dead in NYC Home Depot Murder-Suicide

Worker shot supervisor in packed Manhattan store

(Newser) - Panicked shoppers and workers fled a Manhattan Home Depot yesterday after an employee shot a supervisor dead before turning the gun on himself, police say. Scores of customers and employees were inside the store when gunfire erupted in the lighting department yesterday afternoon, reports the New York Times . The shooter...

Home Depot Hackers Nabbed 53M Email Addresses

They stole a 3rd-party vendor's login credentials to install malware

(Newser) - The massive security breach Home Depot went public with in September didn't stop at 56 million credit cards. The country's biggest home-improvement retailer announced yesterday that hackers also stole 53 million email addresses—though not passwords or other personal info. Still, the company said customers should be on...

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