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Where Art Thou, Home Depot Fuel?

Six years ago, Home Depot had entered the fuel business, or so it seemed. Industry insiders wondered and worried that Home Depot's new concept would, no doubt, cannibalize competing c-stores. As Convenience Store News reported at the time, the home improvement retailer planned to open 300 Home Depot Fuel convenience stores by 2010, and expected to earn $5 million to $7 million annually in revenue per site. The Home Depot Inc. operate just six Home Depot Fuel convenience and fuel stores. Spokesperson Stephen Holmes, in this interview with CS News, says growth in that area is not in the retailer's future.

Read the whole story at Convenience Store News »

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