Some customers claim they are cutting up their Home Depot cards and shopping at competitors like Lowe's.
Billionaire Bernie Marcus recently made headlines by sharing that he plans to give 80% to 90% of his wealth to charity when he dies. But the former Home Depot HD, +0.69% chairman also revealed in the same Atlanta Journal-Constitution interview that he will be donating to Donald Trump’s 2020 re-election campaign, as well. Indeed, he donated $7 million to help elect Trump in 2016, according to the Center for Responsive Politics.
— Tara Dublin July 1, 2019 Not a carpet, or a washer, or a mousetrap from Home Depot. Not a dime of my money will go directly to re-electing the worst president ever. #BoycottHomeDepot https://t.co/CHJ86Nspnf — Kim L July 1, 2019 Cutting up my card and never shopping there again. #BoycottHomeDepot https://t.co/HqYzWSHPuE
— LeeAnn Kendall July 1, 2019 In response, a Home Depot representative told MarketWatch that Marcus retired from the company more than 15 years ago, and therefore “isn’t speaking on behalf of the company. In fact, as a standard practice, the company does not endorse presidential candidates.” But Marcus, who retired as $231 billion company’s chairman in 2002, told the AJC that Trump has “got a businessman’s common-sense approach to most things.” He added that, “the truth is he has produced more than anybody else. He has. If we look at this country, I would say that we are better off today than we were eight years ago or six years ago.”We Want to Hear from You Join the conversation
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