Unfortunately, there's more bad news on the home furnishings front. Home Depot announced today that it was cutting 7,000 jobs and shuttering its 34 EXPO stores.
Home Depot CEO Frank Blake said, "Exiting our EXPO business is a difficult decision, particularly given the hard work and dedication of our associates in that business and the support of our loyal customers. . . . At the same time, it is a necessary decision that will strengthen our core Home Depot business." Source