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September 10, 2014

One of the few predictable repercussions of the Home Depot data breach saga is the proliferation of lawsuits related to the unfolding story.

One day after Home Depot confirmed that a data breach had occurred that “could potentially impact any customer that has used their payment card at our U.S. and Canadian stores, from April forward,” the lawyers piled on.

August 15, 2013

Canadian home improvement retailer RONA reported a loss of $136.5 million for the second quarter, compared with a profit of $36.9 million a year earlier, hurt by restructuring costs and tightened market conditions.

According to a report by Reuters, RONA revenue fell 4.6% to $1.21 billion, and same-store sales dipped 1%. Analysts expected revenue of $1.35 billion.

March 5, 2013

Reuters is reporting that industrial distribution giant HD Supply is preparing for an IPO.

Reuters is reporting that industrial distribution giant HD Supply is preparing for an initial public offering.

The San Diego-based industrial distribution company split from Home Depot about six years ago when private equity firms paid $8.5 billion for the company. Atlanta-based Home Depot kept a 12.5% stake in HD Supply. 

The same private equity investors -- Bain Capital, Carlyle Group and Clayton, Dubilier & Rice -- are at work selecting underwriters for the IPO deal, according to the report.

September 28, 2012

Apex Tool Group, the makers of Crescent wrenches, Lufkin measuring tapes and some Craftsman brand hand tools, is in final negotiations with Bain Capital, according to a report by Reuters and other media outlets. The private equity firm that was co-founded by U.S. presidential candidate Mitt Romney has reportedly offered more than $1.5 billion for Apex, which is a joint venture between Danaher Corp. and Cooper Industries.

June 12, 2012

According to a report by Reuters, that U.S. District Judge Charles Breyer on Friday said he was "seriously concerned" about whether the female plaintiffs suing Wal-Mart Stores have sufficient evidence to proceed with their re-filed gender discrimination lawsuit.

The group is again filing suit against Wal-Mart for allegedly denying them pay raises and promotions for gender-related reasons. The original class action suit of as many as 1.5 million current and former Wal-Mart employers was dismantled by the U.S. Supreme Court last year.

December 12, 2011

Reuters news service has reported that the shareholders of Sears Holding Corp. will end up with 80% of the common stock in Orchard Supply Hardware stores, following an attempt to spin off the California hardware chain into a separate unit.

December 12, 2011

Reuters news service has reported that the shareholders of Sears Holding Corp. will end up with 80% of the common stock in Orchard Supply Hardware stores, following an attempt to spin off the California hardware chain into a separate unit.

November 1, 2011

A report released Friday by Thomson Reuters and the University of Michigan found that consumer confidence in the United States rose unexpectedly in October, a signal that an economic recovery process may still be intact.

The Thomson Reuters/University of Michigan final index of consumer sentiment climbed to 60.9 from 59.4 in September, beating Bloomberg News economists’ projections of a drop to 58.

The preliminary reading for the month was 57.5.

April 26, 2011

Canadian home-improvement retailer RONA is still looking for commercial and pro-oriented acquisitions in the United States -- and it has as much as C$300 million (US$316 million) to spend, according to a Reuters article

RONA CEO Robert Dutton told Reuters in an interview last week that his Quebec-based company is focusing on U.S. distributors or commercial and professional-orientated units, rather than customer-facing retail stores. 

April 26, 2011

Canadian home-improvement retailer RONA is still looking for commercial and pro-oriented acquisitions in the United States -- and it has as much as C$300 million (US$316 million) to spend, according to a Reuters article

RONA CEO Robert Dutton told Reuters in an interview last week that his Quebec-based company is focusing on U.S. distributors or commercial and professional-orientated units, rather than customer-facing retail stores. 

October 21, 2008

The closures are “part of our normal course of business of opening and closing stores,”...

September 17, 2008

In a regulatory filing, the company said the U.S. Environmental Protection Agency had issued “Stop...

September 8, 2008

Wall Street reacted positively to news of the federal action to put Fannie Mae...

December 25, 2007

The international company has acquired Denmark’s third largest building materials distributor and is negotiating to...

July 2, 2007

The sale of HD Supply to three private equity firms has gained the approval of...