Retail sales grew for the sixth month in a row in October, but the pace of growth slowed ahead of the presidential election, rising COVID-19 cases and the lack of a second stimulus.
Kohl’s Corp. swung to a loss in its third quarter as the pandemic continues to impact sales but the retailer still managed to top its own expectations amid online growth.
The Home Depot will acquire HD Supply Holdings, a national distributor of maintenance, repair and operations products in the multifamily and hospitality end markets.