renovations

Home Depot to buy building supply distributor SRS for $18.25B

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Home Depot to buy building supply distributor SRS for .25B

Home Depot announced that it’s acquiring SRS Distribution — which sells supplies to builders, roofers, landscapers and pool contractors — in a mammoth $18.25 billion deal that includes assumed debt. Home Depot said in a press release issued Thursday that it expects the deal to close in its 2024 fiscal year, which ends late January … Read more

Canada’s indie movie theatres say industry is in crisis

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Canada’s indie movie theatres say industry is in crisis

Canada’s independent cinema industry is in crisis, its owners say, as they face mounting challenges from streaming services and restrictive Hollywood studio rules. Sixty per cent of independent movie theatre operators were at a loss at the end of their most recent fiscal year, according to a report released Tuesday by the Network of Independent … Read more