TITLE

Hammered

AUTHOR(S)
Upbin, Bruce
PUB. DATE
January 2007
SOURCE
Forbes Asia;1/8/2007, Vol. 3 Issue 1, p22
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the strategies of home improvement chain Home Depot to cope with the recession in U.S. housing sector. Construction of new homes in October was 28% below the year-earlier figure. According to Robert Nardelli, company's CEO, the company is planning to cut the schedule of store openings in North American market to save on cost. The company is also planning to venture abroad.
ACCESSION #
23809181

 

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