Categories
Home Depot is making big $500 million change and customers will see improvements on shelves
THE Home Depot is looking to save around $500 million as sales have slowed since the pandemic boom.
But the changes will improve the availability of customers’ favorite products on the shelves.
1
The Home Depot is aiming to make $500 million in operations savings next yearcredit: Getty
The Home Depot is taking major cost-cutting measures, the home improvement store’s executive vice president and chief financial officer Richard McPhail said June 13 at an investor and analyst conference.
It comes after the nationwide retailer dramatically scaled up its stocking and delivery capabilities during a “rampant increase in transactions” in 2020…