Home Depot Rocked By Kickback Scandal
CBS News has learned of another corruption scandal, this one involving The Home Depot.
In recent weeks, four Home Depot purchasing managers were fired at a meeting at an Atlanta hotel for their role in the scandal, reports CBS News chief investigative correspondent Armen Keteyian.
The managers were allegedly paid enormous sums — totaling millions of dollars — to insure that certain flooring products made their way onto the company’s shelves, which is among the most competitive retail real estate in the world.
The world’s largest home improvement retailer, The Home Depot boasts more than 2,000 stores.