107-year-old Home Depot rival closing 25% of its stores
The chain faces an uphill battle since it can't compete on price.
The chain faces an uphill battle since it can't compete on price.
BELLINGS Intelligence Score: 15
Why it matters
The closure of 25% of stores by a 107-year-old Home Depot rival is a notable retail development reflecting competitive pressures but represents routine business distress rather than a systemic credit-market event.
Sources
TheStreet
107-year-old Home Depot rival closing 25% of its stores
The chain faces an uphill battle since it can't compete on price.