Time to get your loafers dirty.
Home Depot plans to require its employees, including executives and senior managers, to work an eight-hour in-store retail shift every quarter, according to reports.
Starting in the fourth quarter of this year, even remote workers will have to wear orange aprons on gray floors for four days a year.
“We need to stay connected to the core of our business so that our store employees truly understand the challenges and opportunities they face every day,” CEO Ted Deker said in a memo introducing the program. There is,” he said. Obtained by Bloomberg.
The policy is an extension of the previously established practice of having company employees spend time in stores, and is intended to create a more cohesive business culture. According to Forbes.
Home Depot has annual revenues of more than $157 billion in 2023 and more than 450,000 employees.
The retail giant faces a small unionization effort in 2022. The company recently announced that it will no longer test employees for marijuana.
Back in August, where doers get more done suggested that Americans were doing less home improvement.
Home Depot Chief Financial Officer Richard McPhail told CNBC at the time that consumers were adopting a “deferred mindset” starting in mid-2023, resulting in less spending on home improvement projects. he said.
The superstore warned that 2024 sales may fall short of the $150 billion benchmark it surpassed over the past two years.
