Home Depot Spin Cycle

1 May

From the lips of Brian Williams on NBC Nightly News come these words:

Let’s say you’re Home Depot. Aside from announcing you’re closing 15 stores, how else do you say you’re cutting back in a bad economy, cutting your spending on stores by $1 billion over the next three years, without exactly saying that?

Well, here’s how they put it today, in what is a work of art for corporate press releases, announcing they are updating their square footage growth plans: "Home Depot will "remove 50 future openings from the new store pipeline."

Glad we cleared that up.

Classic. Purely classic.

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