Realigned divisions lose 100 jobs
By Staff -- Home Textiles Today, 12/8/2003 12:00:00 AM
The Home Depot has merged its smaller Northwest division into its Western division to increase its operating efficiencies, as well as made two executive appointments.
The merger will result in the closure of the company's Seattle store support center, and the loss of 100 jobs.
Eric Peterson, a 10-year Home Depot veteran and most recently the division president of the Northwest division, has been named president, Strategic Markets, based here.
Reporting to Bob Nardelli, chairman, president and ceo, Peterson will be responsible for optimizing operations, in-store merchandising, store prototypes and human resource strategies within targeted growth markets.
Bruce Merino, a 20-year Home Depot veteran, will lead the new combined division. He most recently served as president, Western division.
The new division includes 335 existing stores and will be headquartered in the existing Orange County, CA, facilities.
The consolidation will not affect customers or result in store closings, the company said, and in fact it is planning to add four more stores in Washington state next year to supplement its existing 28 stores.
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