The company announced plans to consolidate 25
branches and lay off 350 employees.
In a filing with the Securities and Exchange
Commission earlier this week, HD Supply reported a loss of $267
million in the third quarter and $346 million on the year. Sales plummeted
27 percent in both the third quarter and the full year, to $5.8 billion.
The company announced plans to consolidate 25 branches and lay
off 350 employees.Read
more here.
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