Home Depot, Walmart Bet Big on Services
Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Home Depot and Walmart are diversifying into services for higher profits, with Home Depot acquiring Mingledorffs for a stronger foothold in the HVAC market. Despite a challenging housing market, Home Depots sales grew, and analysts predict service-focused buys will boost long-term earnings. Walmarts finance chief foresees services outperforming goods in profit within five years.
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