As an Atlanta Journal-Constitution article points out, 2008 has been a bad year for Home Depot and there's still a long way to go. Yesterday, the chain followed up previous steps that included corporate layoffs and scaled back capital investment plans with an announcement that it was closing 15 underperforming stores and no longer pursuing 50 locations in its pipeline for future expansion. Does Home Depot have the right plan in place to get through current challenges and come out stronger when the economy rebounds?
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