Retail M&A Grew in 2020, With More Deals Expected in 2021

Total value of 2020 deals outstripped 2019, and there's plenty of liquidity among major players

Home Depot's $8.7 billion purchase of HD Supply was among the largest retail deals in 2020. Getty Images

Despite the pandemic—or perhaps in part because of it—the total value of U.S. retail deals transacted in 2020 was about $36 billion, nearly triple the $13.9 billion tallied in 2019.

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@RichCollings Richard Collings is a retail reporter at Adweek.