Detroit’s Home Depot company’s most profitable store

Home Depot in Detroit picks up where some other stores left off and is now the most profitable store in this 100-store region.Excerpt:As other national retailers such as Kmart and Kroger have been pulling out of the city in recent years, Home Depot has been quietly making a tidy profit at its lone Detroit store.Atlanta-based Home Depot Inc. celebrated its fifth anniversary in the city last March at a former Kmart location at 7 Mile and Meyers.The 139,000-square-foot store is the most profitable in its 100-store region that includes Michigan, Toledo and parts of Illinois and Indiana, said Jen King, senior manager of public relations for Home Depot’s northern division.”The store has adjusted some of its products to help offset some of the other retailers leaving,” King said.Three months ago, Home Depot started selling toilet paper and paper towels. The store also expanded its section of cleaning products to two aisles, up from the traditional one, in response to customer requests, said Christopher Gilbert, a district manager for the chain who oversees the Detroit store. “We try to be the neighborhood store that people want to come to, and supply what they want,” he said.Read the entire article here.