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Home Retail Supply Companies Feeling Economic Hits

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May 6th, 2008 · No Comments    

Tags: Industry News



Home Depot with aproximately 350,000 employees and 80 billion in sales last year told investors that it will be closing two of its under performing stores this month. The cuts are reported to effect about 1,300 workers in total however the number of employees that work at a single store is far less then this so additional cuts will be made in their support system.

This is the first time in the history of the company stores have been closed for this reason .

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