-
Home Depot reports $68 billion in 2010 sales
The Home Depot achieved its first year-over-year sales improvement since 2006, thanks partly to an "improving economy," according to CEO Frank Blake.
The Atlanta-based company posted 2010 sales of $68.0 billion, up 2.8% from 2009. Comparable-store sales for the company increased 2.9%. And in a difficult but improving economy, the world's largest home improvement retailer earned $3.3 billion, compared with consolidated net earnings of $2.7 billion in 2009.
-
Home Depot closing two N.C. stores
Home Depot is closing two of its stores in North Carolina because they are not meeting the company’s financial goals, according to a report by WCTI-TV.
Stores in Rocky Mount and Greenville have begun liquidation sales, which are expected to last six to eight weeks. A corporate spokesperson said the company is trying to relocate the employees.
