Tuesday, September 18, 2012

Investopedia: Home Depot Chooses Profits Over Empire Building

Although not everything that home improvement superstore operator Home Depot (NYSE:HD) has tried worked, management deserves credit for being ready with a quick hook when it seems clear that an idea just isn't going to live up to expectations. That seems to be the case with the company's plans for China, as management has announced that it will be closing its remaining big box stores in China and shifting to a strategy of specialty stores and e-commerce.

Please read more here:
http://www.investopedia.com/stock-analysis/2012/Home-Depot-Chooses-Profits-Over-Empire-Building-HD-BBY-WMT-YUM0918.aspx

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