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• Home Depot announced this week that Jim Stoddart, its vice president of growth initiatives and the man largely seen as responsible for opening convenience stores in some of the company’s parking lots, has left the company.

Stoddart, according to the Atlanta Journal-Constitution was hired by then-CEO Bob Nardelli in 2002; it is seen as possible, given that Nardelli has been forced out of the company and succeeded by a new regime, that Stoddart’s portfolio was receiving considerably less support from the chain’s new leadership. The new CEO, Frank Blake, is said to be far more focused on core rather than ancillary businesses.
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