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Home Depot Targeting Builders in Big Push

ATLANTA-The 1,101-store retailer still plans to open 200 new outlets this year and is shooting for $100 billion in sales over the next four years, much of it expected to come from home services such as installation of carpet and heating, air and ventilation products by contractors.

By Alex Finkelstein | Updated on May 31, 2001

ATLANTA-Home Depot Inc. is shooting for $100 billion in sales over the next four years and expects much of that volume to come from materials sold to contractors working on new homes and commercial projects, president/CEO Robert Nardelli emphasizes in a prepared statement.

Carpeting, heating, air and ventilation products are among the big-ticket items the locally based retailer will be pushing in the second half, as it moves forward with previously-announced plans to open a total 200 new stores this year.

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