The Atlanta Journal-Constitution
Home Depot has closed its
seven remaining big-box stores in China, its only operations outside
North America, to focus on online sales and specialty stores in that
country, the retailer announced Thursday night.The Atlanta-based home improvement retailer had stores in China for six years, but was never able to figure out how to translate its D.I.Y. focus to that market.
The closings will affect about 850 employees, Home Depot said in a statement. About 170 will work on new retail formats, including online sales, in China.
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