Ray Hudson arrived at his local Home Depot in Los Angeles preparing for a move. He picked up plastic crates. Usually, he would also hire help — one of the men who tend to gather nearby looking for work. But they weren’t there.
“I don’t think that it’s had any impact really on their sales,” said Telsey Advisory Group analyst Joe Feldman, speaking earlier this month. “There’s nothing to say from Home Depot’s standpoint in the sense that Home Depot doesn’t hire [day laborers] — doesn’t have a network to try to help them get hired — they just happen to show up at Home Depot’s doorstep.”
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