Wisdom From The Top with Guy Raz cover image

Lowe's: Marvin Ellison

Wisdom From The Top with Guy Raz

CHAPTER

Home Depot's Strategy to Reverse the Financial Crisis

Home Depot lost roughly $13 billion in volume in less than two years during the financial crisis. The company decided to spend capital on making its business more efficient and productive, rather than grow stores. "It was a big strategic departure from how other retailers were thinking," he says.

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