Investors, News

Home Depot to close Expo stores

 

Home Depot announced today that it is closing all its Expo stores as well as eliminating 7,000 jobs.

The company has been deeply affected by the ongoing real estate slump.

Home Depot Expo, which specialized in high-end appliances and furnishings, was never as successful as the company had hoped. Now that consumers are spending less in light of an ongoing recession, there is less demand for the store’s specialty products.

 

Harlan and Associates performs real estate closings in Georgia. Want to know more? Contact us and we’ll be happy to discuss how we can be of service to you!

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