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<blockquote data-quote="Commercial Inside Release" data-source="post: 5642873" data-attributes="member: 93336"><p>Hey... I remember lotsa stuff, too. I remember Carol ordering Home Depot to purchase land & build stores, increasing the company's land & building holdings from 400 properties, to 2,200!</p><p></p><p>Some of the properties were only in use for 6-11 months, then sold. Turns out Home Depot stores are built exactly like generic warehouses. It kind of looked from the outside, that Home Depot was really a commercial real estate developer. The Chinese hardware in the stores, was probably just to keep the properties occupied, until a good price for the property could be attained.</p><p></p><p>They even expanded the real estate operations (oops, I mean retail stores,) into China (didn't go so well,) and Mexico (100+ additional properties,) with plans for Central & South America.</p><p></p><p>Here's how things went when they tried to liquidate the Chinese holdings...</p><p>[URL unfurl="true"]https://saportareport.com/cfo-carol-tome-tells-the-inside-story-of-home-depots-retreat-from-china/[/URL]</p><p></p><p>You might want to find out exactly how much property UPS bought, during the pandemic, while the numbers justified it...</p></blockquote><p></p>
[QUOTE="Commercial Inside Release, post: 5642873, member: 93336"] Hey... I remember lotsa stuff, too. I remember Carol ordering Home Depot to purchase land & build stores, increasing the company's land & building holdings from 400 properties, to 2,200! Some of the properties were only in use for 6-11 months, then sold. Turns out Home Depot stores are built exactly like generic warehouses. It kind of looked from the outside, that Home Depot was really a commercial real estate developer. The Chinese hardware in the stores, was probably just to keep the properties occupied, until a good price for the property could be attained. They even expanded the real estate operations (oops, I mean retail stores,) into China (didn't go so well,) and Mexico (100+ additional properties,) with plans for Central & South America. Here's how things went when they tried to liquidate the Chinese holdings... [URL unfurl="true"]https://saportareport.com/cfo-carol-tome-tells-the-inside-story-of-home-depots-retreat-from-china/[/URL] You might want to find out exactly how much property UPS bought, during the pandemic, while the numbers justified it... [/QUOTE]
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