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The Weekly Closeout: Gabe’s in search of top leadership and Home Depot’s latest acquisition
This article summarizes key retail news from the week, highlighting Home Depot’s acquisition of HVAC distributor Mingledorff’s through its subsidiary SRS Distribution. It also details off-price retailer Gabe’s search for permanent top leadership (CEO and CFO) following its restructuring, indicating a move past its financial difficulties. Additionally, the piece touches on other retail news including PetSmart’s Easter promotions and a significant drop in retailers reporting shrink.