The Home Depot announced a new initiative aimed at arming U.S. service men and women with the knowledge and resources they need to successfully transition into the civilian workforce.
The Home Depot closed its remaining seven home improvement big box stores in China, laying off 850. Lack of a DIY culture and fewer free standing homes were cited. A $160 Million charge against earning will be taken.
The Home Depot today announced it is closing its remaining seven big box stores in China as the Company shifts its focus in that market to specialty stores and online offerings.
The Home Depot reported second quarter of fiscal 2012 net earnings of $1.5 billion, or $1.01 per diluted share, compared with net earnings of $1.4 billion, or $0.86 per diluted share, in the same period of fiscal 2011. For the second quarter of fiscal 2012, diluted earnings per share increased 17.4 percent from the same period in the prior year.
The Home Depot® and U.S. Home Systems, Inc. ("USHS") today announced a definitive merger agreement for The Home Depot to acquire USHS. USHS, based in Irving, Texas, is currently an exclusive provider of kitchen and bath refacing products and services as well as closet and garage organizational systems to The Home Depot.
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of U.S. Home Systems, Inc. to The Home Depot for shareholders.
The Home Depot and Martha Stewart Living Omnimedia, Inc. today announced they have extended their agreement to offer Martha Stewart Living branded products in The Home Depot's 2,000-plus stores through March 2016, and will offer an expanded array of products.