Saturday, May 3, 2008

Home Depot starts closing stores

The Atlanta-based company, under different leadership, a different growth philosophy and amid an ailing housing market, put the brakes Thursday on some of its future expansion plans and said it would do what was previously unthinkable - close 15 of its underperforming flagship stores.

It is the first time the world's largest home improvement store chain has ever closed a flagship store for performance reasons. The move, to be completed within the next two months, will affect 1,300 employees.


Home Depot to close 15 stores

3 comments:

Anonymous said...

Good! The customer service there is a disgrace.

CntrySigns said...

Sure, they come to a neighborhood & sell stuff cheaper than a small business can. After all the small hardware stores are gone Home Depot realizes they can't survive selling stuff so cheap and closes up. Typical!

Buy where you live and support your neighbors!

Paul W. said...

Can we convert some of these closed Home Depot's into supermarkets?