Home Depot closing 15 underperforming US Stores
Posted in Retail on May 1st, 2008
Home Depot announced that they are closing 15 underperforming stores affecting ~1300 store associates. It appears that the housing market problems have gone on for too long and Home Depot has to make adjustments. They say that they are still planning on opening 55 new stores in their 2009 fiscal year.
