Disney and Home Depot have something in common
For several weeks now people have been discussing the gradual decline of our economy and according to USA today Home Depot and Disney Stores are really facing the consequences. In the article “Disney to Shutter 98 Stores; Home Depot closing 15.” it is obvious that these stores have not been doing so well.
However, the article fails to state the exact loses of each store. Disney, which is known for its high priced merchandise and over advertised goods and services is finally facing the biggest burn, having to close 98 stores. The article does not state specifically where these stores are or if they are only in the U.S or abroad leaves little indication as to how many malls will soon have other stores opening in their place. Home Depot, which is also a large name store has reportedly had to close 15 of its stores which is a significant amount less than Disney. The reason for this sudden loss is somewhat unclear as the article does not state how much the two stores have lost.
The other interesting part to this story is that Home Deport still plans to open 36 new stores in the next year but no where does it state where they will get the money for this. The only other question that seems left unanswered is what will happen to the many employees that work for these companies? Are they out looking for new jobs? I guess we will have to assume for ourselves. One thing is clear, be sure to stock up on Disney merchandise and your hammer and nails now because who knows if these stores might go out of business for good.
