Home Depot Closing in Greenville/Rocky Mount-Lowe's Downsizing (Kill Devil Hills: sales, construction)

[kelsie]

Home Depot reported yesterday that they are closing their 2 stores in Greenville and Rocky Mount due to depleating sales. Lowes also demoted or let Sales and Zone Managers go yesterday in their stores here and reporting that they will let 1700 Managers go Nation Wide. This is very sad for all the employees and their families.

[mcrawford2010]

Every time I pass by the Home Depot in Rocky Mount, there seem to be <20 vehicles in the parking lot. I don't blame them.

[box_of_zip_disks]

And yet Lowe's is still gung ho about opening a store in Kill Devil Hills despite there already being a Home Depot, Kellogg, Ace, and a glut of locally owned contractor supply shops, and the near complete death of the construction industry on the beach.

[Connie Person]

I understand Lowes layed off mgts in Rocky Mount yesterday, and will hire more part timers, exactly what a shopper is not looking for, more help that knows nothing about the products on the shelf. Does Lowes have to honor the mgts. retirement and benefit packages?

[ncguy444]

Originally Posted by mcrawford2010

Every time I pass by the Home Depot in Rocky Mount, there seem to be <20 vehicles in the parking lot. I don't blame them.

And 19 of those cars were the employees..

[discerned citizen]

Originally Posted by ncguy444

And 19 of those cars were the employees..

correction----->18 cars belong to employees 2 cars meeting for a drug deal

[Richard Martin]

Originally Posted by Connie Person

Does Lowes have to honor the mgts. retirement and benefit packages?

As long as they're retiring I guess so. If they're being laid off Lowes probably won't owe them anything unless the former employee picks up and pays for the packages themselves. The employee's 401k etc. is still good. NC is pretty much a non union state so those types of arm bending tactics don't work here.