Home Depot’s push into the pro market began in earnest last year, when the company dropped $18.5 billion to buy SRS Distribution.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
It may well be another indicator that the market is finally tipping in buyers’ favor, as the construction industry faces major headwinds.
The surprising news comes just ahead of an all-important jobs report from the Labor Department due out Friday.
Both manufacturing and construction spending came in softer than expected. The downbeats stoked fears of a downturn.