With the expectation that the U.S. housing market is slated for a sharp rebound, Home Depot is investing serious capital in restructuring their supply chain operations, according to an article on Chain Store Age.
From the article:
Executives from The Home Depot told attendees at an analyst meeting in New York on Monday that the company is focusing on improving its supply chain and Internet operations and expects a moderate recovery in the U.S. housing market. Roughly $450 million of Home Depot’s $1.5 billion capital spending budget for the current fiscal year is slated for IT projects.
In addition, Home Depot is also attempting to improve store productivity and is piloting five paint stores in the Chinese market.