Home Depot

#89 Home Depot Packs Bags, Leaves China

September 17, 2012

Late last week, US-based home improvement giant Home Depot announced that it would take a $ 160 million after-tax charge and close seven of its big-box home improvement stores. Home Depot entered China with high hopes in 2006 when it acquired 12 stores across China. Over the years it had reduced the number of stores to […]

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#67 What is it with global retailers?

July 6, 2010

In a recent post, Australian business blogger Andre Sammartino reports that South African grocer Pick’n’Pay has sold off its Franklins supermarkets (“Australia’s Original Discount Grocer”) to the biggest Australian grocery wholesaler Metcash. It’s not the first time that Franklins has been sold off after a somewhat unsuccessful takeover. In the late 1970s Franklins was sold to […]

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