| | |  Business News | September 2009 
Home Depot Sees Opportunity to Boost Int'l Presence
 Dhanya Skariachan - Reuters
go to original
September 10, 2009
Bangalore - No. 1 home improvement chain Home Depot Inc (HD.N) sees opportunities to expand its international presence, its chief executive said at an investor conference on Thursday.
"There are opportunities as our Mexican business matures... to take that business model elsewhere in Latin and South America," Frank Blake, Home Depot's chairman and chief executive, said at the Goldman Sachs Global Retail Conference being held in New York and broadcast over the Internet.
The retailer - which has more than 2,200 retail stores in the United States, Puerto Rico, U.S. Virgin Islands and Guam - entered Canada in 1994 and Mexico in 2001. It also operates about a dozen stores in China.
Home Depot, which has been banking on a slow-but-steady growth strategy and cost cuts to fight lackluster demand for big-ticket remodeling projects, had said in June it planned to have more marketing campaigns targeting Hispanic communities.
(Editing by Dave Zimmerman) |
|
| |
Vallarta Weddings
Tell a Friend
Site Map
Print this Page
Email Us