Retail News

Home Depot sees pay raise for workers as a good investment

CNBC 05/01/2023

Home Depot is going ahead with its plan to invest $1 billion in employee wages even as the economy is slowing. CFO Richard McPhail told analysts on the chain’s earnings call in February that it is focused on gaining market share and that its “orange-blooded associates” give it a “unique advantage” over its competition.

Source: CNBC



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