Home Depot Inc. said Wednesday it will hire 6,300 associates in Canada to support its spring busy season, down from last year’s plan for 6,700 employees.
Home Depot and peer Lowe’s Cos. (LOW) have been a rare bright spot in the retail sector as they continue to benefit from the U.S. housing recovery. Rising home prices and improvements in home construction and new home sales have led homeowners to open their wallets for remodeling projects or big-ticket items.
The home improvement retailer said it will hire full-time, part-time and seasonal workers across its 180 Canada locations.
In January, Home Depot acquired online retailer Blinds.com, the latest in a string of smaller acquisitions the home- improvement retailer has announced in recent years. The company has now acquired at least four companies since early 2012, after avoiding takeovers for several years. Other recent acquisitions include Home Depot’s 2012 purchases of kitchen and storage supplier U.S. Home Systems Inc. and home services specialist Redbeacon.
Want to publish your own articles on DistilINFO Publications?
Send us an email, we will get in touch with you.
The company’s shares were inactive premarket. The stock is down 2.2% in the last three months.