business supply division

Home Depot Finally Sells Commercial Business Supply Division After $2 Billion Price Cut

Home Depot Finally Sells Commercial Business Supply Division After $2 Billion Price Cut

Home Depot has finally rid itself of the commercial business supply division that was often blamed for the chain’s miserable customer service and lagging stock price. The commercial supply division was accused of stealing resources from the stores, and was the pet project of disgraced former CEO “Big Bob” Nardelli. Home Depot had to chop $2 billion off the asking price, but they got the deal done.