Building Products

merchandise and install a new sign.

Parino said another party is acquiring a third, unspecified store.

Depot Expansion StillA Go

Home Depot said it expects to have 2,300 stores by 2004, and will expand its home improvement loan program to all U.S. stores to boost sales, particularly for kitchen and bath improvements.

The chain said it plans to continue its growth by implementing the following changes:

(l) Reduce stocking tasks during store hours, enabling employees to spend more time with customers.

(2) Provide better service to professional contractors by offering daily deliveries, overseen by a staff geared to aid pros.

(3) Expand tool rental service from the current count of 289 stores offering 200 product categories.

(4) Increase brand recognition of product lines such as Thomasville cabinets and John Deere mowers.

(5) Increase product purchasing abilities worldwide.

The company also plans to open 18 Expo stores within the next year.

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