The home depot’s decision to purchase Home Depot in San Jose, California, comes as Home Depot faces a mounting shortage of inventory and a sluggish local economy.
In February, Home Depot announced it would shutter its two stores in the region, but the company has not announced a plan to close the two locations.
The company will continue to operate one in San Francisco and one in Seattle.
The Home Depot headquarters in San Bruno, California.
— Associated Press