Home Depot Closes Stores Amid Strategy Shift

Home Depot Announces Closure of Multiple Stores Amid Strategic Shift

Atlanta, GA – May 23, 2025 – Home Depot, the nation’s largest home improvement retailer, has announced plans to close several underperforming stores across the U.S. as part of a broader strategy to optimize its operations and focus on digital growth.

The company confirmed the closures in a statement today, though it did not disclose the exact number or locations of the affected stores. Analysts suggest the move is aimed at cutting costs and reallocating resources toward e-commerce and high-performing locations.

'We regularly review our store portfolio to ensure we’re meeting the needs of our customers in a competitive marketplace,' said a Home Depot spokesperson. 'While these decisions are never easy, they allow us to reinvest in areas that will drive long-term growth, including our online platforms and supply chain improvements.'

The closures come amid shifting consumer habits, with more shoppers turning to online retailers for home improvement supplies. Home Depot has seen steady growth in its digital sales but faces increasing competition from Amazon and other rivals.

Employees at impacted stores will be offered severance packages or opportunities to transfer to other locations where possible. The company expects the closures to be completed by the end of the fiscal year.

This marks Home Depot’s first significant round of store closures in years, following a period of rapid expansion. The retailer currently operates over 2,300 stores in North America.

Industry experts suggest more brick-and-mortar retailers may follow suit as the market continues to evolve. Shares of Home Depot (NYSE: HD) were down slightly in afternoon trading following the announcement.

For further updates, customers are encouraged to check Home Depot’s official website or local store announcements.

— Reporting by [Your Name], [Your News Outlet]

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