Good morning. The retail landscape is littered with failed M&A deals. Lowe’s spent years pursuing Canadian retailer Rona to get a foothold north of the border, only to sell it off two years ago, losing about $2 billion in the process. Tapestry’s acquisition in 2017 of Kate Spade, whose sales fell 13% last quarter, has led to a number of write-downs. Capri Holdings recently sold Versace at a big loss. Dollar Tree said recently it was selling its Family Dollar division at a great loss. So I noted with great…
اكمل قراءة المقالInside Home Depot’s $4.3 billion pivot toward the professional trade
