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Aug. 4, 2020, 8:12 a.m. EDT

Home Depot to open new distribution centers in Georgia, creating 1,000 new jobs

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By Tomi Kilgore

Home Depot Inc. /zigman2/quotes/208081807/composite HD +0.55% said it expects to create 1,000 new jobs in the Atlanta area, as it plans to open three new distribution centers in Georgia over the next 18 months. The new centers will support increased demand for the home improvement retailer's flexible delivery and pick-up options for its Pro and DIY customers. The was little changed in premarket trading. "Retail has changed more in the past four years than in our company's 40-year history. Customers expect to shop whenever, wherever and however they want, whether they're buying a hammer or a pallet of pavers," said Stephanie Smith, senior vice president of supply chain development and delivery. "We're investing to meet the changing delivery needs of our DIY and Pro customers, whether they're at home, at their job sites or picking up in the store." The stock has rallied 21.9% year to date through Monday, while the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.10% has lost 6.6%.

$ 341.12
+1.87 +0.55%
Volume: 4.84M
May 10, 2021 4:00p
P/E Ratio
Dividend Yield
Market Cap
$364.77 billion
Rev. per Employee
US : Dow Jones Global
-34.94 -0.10%
Volume: 370.04M
May 10, 2021 5:40p

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