Today we report on Home Depot’s decision to abandon the opening of 50 new stores and close 15 stores. That might not seem like much considering that the chain has more than 2,200 stores, but we would image that few people would have predicted this a couple years ago.
It seems like every chain is pulling back from their ambitious expansion plans, from Starbucks to Kohl’s. We’re in an environment where store closures and bankruptcies are expected.
Continue reading ‘Is This Just the Beginning For Home Depot?’
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