Two New Jersey Home Depot Stores to Close

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Two Home Deport Inc. stores in New Jersey employing a total of 143 people will be closed by the end of June, according to an announcement released today by the Atlanta-based home-improvement specialty retailer.Two Home Deport Inc. stores in New Jersey employing a total of 143 people will be closed by the end of June, according to an announcement released today by the Atlanta-based home-improvement specialty retailer.

One of the company”s two East Brunswick stores, located on Racetrack Road and employing 75 people, will be shuttered, along with a 68-employee store in Saddle Brook, says Ron DeFeo, a Home Depot spokesman.

The closings, part of a 15-store national elimination that resulted from a performance review, will leave New Jersey with 65 Home Depot locations, says DeFeo. The company will try to place “as many employees as possible” with other Home Depot stores, he adds. The company”s stock opened today at $30.40, up from $29.87 at yesterday”s close.