Home Depot’s Failure in China – a response to Yuet Yee (Luna) Tsoi’s Blog
Luna Tsoi’s blog post After launching into the Chinese market for the sixth year, Home Depot, the second largest American retail store, marked its failure and retreated from the market by shutting down seven stores. Reports show that the Chinese Home Depots suffer a few million dollars of deficit every year. Even though the company did make attempt to reposition itself by opening up an online store, the endeavor to change was already too late. I agree with Luna […]