Extreme Makeover: Home Depot edition

Clark, Ken
February 2009
Home Channel News;2/16/2009, Vol. 35 Issue 2, p1
The article focuses on the closing of the retail stores and employee layoff by Home Depot Inc. due to economic recission. It highlights the closing of 34 Expo Design Centers as well as five Yardbirds stores, two Design Center stores, and seven remodeling business. Frank Blake, chief-executive officer, cites that the benefit of closing the Expo exceed the benefit of continuing to invest in it. It also cites that 2,000 associates will be removed including senior vice-president George Sherman.


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