PWC News
Friday, January 30, 2026
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

Home Depot keeps quiet on immigration raids outside its doors

Home Economy
Share on FacebookShare on Twitter


The Dwelling Depot brand is displayed outdoors a retailer in Los Angeles the place immigration brokers arrested day laborers after leaping out of a rental shifting truck.

Patrick T. Fallon/AFP through Getty Pictures


disguise caption

toggle caption

Patrick T. Fallon/AFP through Getty Pictures

Ray Hudson arrived at his native Dwelling Depot in Los Angeles getting ready for a transfer. He picked up plastic crates. Often, he would additionally rent assist — one of many males who have a tendency to collect close by searching for work. However they weren’t there.

Earlier that day, on August 6, federal brokers in tactical gear sprung out of a rented shifting truck, going after day laborers and meals sellers in an immigration raid. Hudson heard about it on the information.

“It is simply not proper,” Hudson mentioned. “They’re out right here making an attempt to make an sincere residing. They don’t seem to be hurting no person, they don’t seem to be bothering no person.”

If there’s an organization most caught up within the Trump administration’s immigration crackdown, it is Dwelling Depot, after quite a few raids close to shops round Los Angeles and the nation. However the home-improvement large has largely stayed quiet.

President Trump speaks from behind a lectern with the presidential seal on the front of it. Behind him are two American flags and a backdrop that says: "The Kennedy Center."

Throughout Tuesday’s earnings name with Wall Road analysts, executives mentioned nothing — and acquired no questions on — immigration raids or day laborers. Final week, after a person died as he ran from one of many raids onto a freeway and was struck by a automobile, Dwelling Depot representatives didn’t reply to NPR’s inquiry on the demise. Earlier within the month, Dwelling Depot replied to questions concerning the firm’s place on raids and interplay with federal authorities with an announcement it has issued repeatedly:

“We ask associates to report any suspected immigration enforcement operations instantly and to not have interaction for their very own security,” the assertion reads, partially. “We aren’t notified that immigration enforcement actions are going to occur, and we aren’t concerned in them. In lots of circumstances, we do not know that arrests have taken place till after they’re over. We’re required to observe all federal and native guidelines and rules in each market the place we function.”

Dwelling Depot’s hands-off response frustrates Chris Newman. He advocates for day laborer rights because the authorized director of the Nationwide Day Labor Organizing Community.

“I sympathize with the truth that they’re now floor zero for an enormous polarizing political and cultural situation,” Newman instructed NPR earlier this month. “Nevertheless, I believe that they’ve a duty and positively an ethical obligation to defend day laborers, who’re each clients and repair the shops the place they search work.”

A wreath for the late Carlos Roberto Montoya, a 52-year-old man from Guatemala, is placed in the parking lot of Home Depot on August 16 in Monrovia, California. Montoya was hit and killed on the 210 Freeway on August 14 as he was fleeing from an immigration raid outside the store.

A wreath for the late Carlos Roberto Montoya, a 52-year-old man from Guatemala, is positioned within the car parking zone of Dwelling Depot in Monrovia, Calif. Montoya died after being hit by a automobile on the freeway as he was fleeing from an immigration raid outdoors the shop.

VCG/VCG through Getty Pictures/Visible China Group


disguise caption

toggle caption

VCG/VCG through Getty Pictures/Visible China Group

In an announcement to NPR, Division of Homeland Safety Assistant Secretary Tricia McLaughlin additionally mentioned Dwelling Depot has no position of their operations and companies do not get notified upfront of enforcement actions.

Day laborer websites sprung up as Dwelling Depot grew

Dwelling Depot doesn’t have a proper relationship with day laborers, however their historical past runs deep.

“A lot of Dwelling Depot’s success has led to the circumstances that we see within the business at this time and why contractors flip to day laborers so usually,” mentioned Nik Theodore, a professor on the College of Illinois Chicago who’s one of many high researchers on day laborers.

Earlier than the Nineteen Nineties, when the retailer grew into the largest house enchancment chain, contracting crews tried to maintain their prices decrease than their rivals by purchasing for provides at totally different wholesalers. However now, everybody pays the identical costs at Dwelling Depot. That is made the price of labor a key means for a contractor to get the sting over rivals.

Add within the continual employee scarcity in development, and day laborers grew to become a very handy and low-cost answer: an on-demand workforce proper outdoors the shop.

Ken Thomas and his wife Delilah have invested in energy-saving windows and insulation for their Boca Raton, Fla. home. But in the dog days of summer, their electric bill can still top $400 a month.

“The development business is extremely unstable and the necessity for on-call labor stays excessive,” Theodore mentioned. “And the immigrants are filling that scarcity.”

Roughly half of Dwelling Depot’s gross sales are actually to skilled contractors, who may want fast assist with demolition, development or cleanup.

The opposite kind of buyer at Dwelling Depot was, in some ways, created by the chain: The retailer early on started educating house house owners to DIY and skip the contractor. These buyers now rent day laborers, too, for fast repairs or landscaping.

“Basically, day laborers love Dwelling Depot, and Dwelling Depot’s backside line loves day laborers,” mentioned Newman.

A bystander films an immigration agent during an operation outside a Home Depot in Los Angeles on Aug. 15.

A bystander movies an immigration agent throughout an operation outdoors a Dwelling Depot in Los Angeles on Aug. 15.

Gregory Bull/AP


disguise caption

toggle caption

Gregory Bull/AP

Raids have not had any clear influence on gross sales thus far

Dwelling Depot has mentioned that day laborers usually are not a part of its enterprise mannequin. Wall Road analysts say they don’t seem to be an enormous buyer base and individuals who rent them would store on the chain even when day laborers weren’t close by.

Traders thus far have shrugged off the immigration highlight on the corporate. Dwelling Depot’s inventory worth is at its highest since February.

“I do not suppose that it is had any influence actually on their gross sales,” mentioned Telsey Advisory Group analyst Joe Feldman, talking earlier this month. “There’s nothing to say from Dwelling Depot’s standpoint within the sense that Dwelling Depot would not rent [day laborers] — would not have a community to attempt to assist them get employed — they simply occur to point out up at Dwelling Depot’s doorstep.”

On Tuesday, Dwelling Depot reported its U.S. gross sales grew 1.4% between early Could and early August, a tepid outcome that nonetheless surpassed the earlier quarter notably. Dwelling house owners have continued to delay main initiatives out of fear concerning the financial system and tariffs, however look like doing extra smaller initiatives.

The corporate has additionally caught to a impartial tone on President Trump’s tariffs. After Trump publicly shamed Walmart in Could for warning that tariffs would result in increased costs, Dwelling Depot mentioned it did not count on “broad-based” worth will increase, although some merchandise may disappear from cabinets. On Tuesday, executives flagged potential “modest” worth hikes for some imported merchandise.

This photo is a close-up of a shiny metal exhaust pipe atop a truck in Austin, Texas.

Critics, in the meantime, usually zero in on the corporate’s perceived politics: Two of the corporate’s three founders have supported Trump. However these males haven’t run Dwelling Depot for about 20 years, and one in every of them died final yr. The retailer donates to each political events.

On Reddit, Dwelling Depot employees have begun buying and selling tales of raid impacts: Some declare fewer contractors are visiting and shops are struggling to meet gross sales objectives; others say it is enterprise as ordinary and gross sales are booming.

Again on the Los Angeles Dwelling Depot a number of hours after that raid with the rental truck, shopper Margarita Ochoa identified one change.

“This car parking zone is all the time full,” she mentioned. “Proper now, there’s like so many areas.”

Ochoa runs a housekeeping enterprise and often sends her staff to fill up on cleansing provides or liquids for her stress washer. However at this time, for the primary time shortly, Ochoa is on the Dwelling Depot.

“As a result of they’re afraid to come back,” she mentioned, “They’re afraid to be right here.”

Ochoa mentioned she hopes Dwelling Depot will converse out extra towards the raids and in addition do extra, maybe by defending individuals who run inside by closing the doorways to immigration brokers.

She was pondering of taking her enterprise elsewhere, she mentioned. However this Dwelling Depot continues to be probably the most handy to get her provides — and it has been her retailer for 33 years.

NPR’s Ximena Bustillo contributed to this report.



Source link

Tags: DepotDoorsHomeimmigrationQuietraids
Previous Post

Powell’s Jackson Hole speech could setup a policy tweak that lasts well beyond his tenure

Next Post

Crypto stocks tumble as investors go into risk-off mode

Related Posts

‘Either Incompetent or crook’: Trump blasts Fed chair Powell as DOJ investigation question looms
Economy

‘Either Incompetent or crook’: Trump blasts Fed chair Powell as DOJ investigation question looms

January 30, 2026
Labour minister hits back at Trump’s criticism of China trade
Economy

Labour minister hits back at Trump’s criticism of China trade

January 30, 2026
Walmart directly debunks Trump’s ‘wildly inaccurate’ claim
Economy

Walmart directly debunks Trump’s ‘wildly inaccurate’ claim

January 30, 2026
Posthaste: Miserable about food prices? There's a good reason for that
Economy

Posthaste: Miserable about food prices? There's a good reason for that

January 30, 2026
Sri Lanka sells Rs179.06bn in 2030, 2034, and 2037 bonds | EconomyNext
Economy

Sri Lanka sells Rs179.06bn in 2030, 2034, and 2037 bonds | EconomyNext

January 29, 2026
Caregivers for the elderly could lose wage protections under Trump proposal
Economy

Caregivers for the elderly could lose wage protections under Trump proposal

January 29, 2026
Next Post
Crypto stocks tumble as investors go into risk-off mode

Crypto stocks tumble as investors go into risk-off mode

Adapt to Lead: Career Lessons from Kam Shing Kwang, CFA – CFA Institute Enterprising Investor

Adapt to Lead: Career Lessons from Kam Shing Kwang, CFA - CFA Institute Enterprising Investor

Bitcoin Slides Below 5,000 While Spot Volume Surges Past  Billion – Recovery Ahead?

Bitcoin Slides Below $115,000 While Spot Volume Surges Past $6 Billion - Recovery Ahead?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Trump Says Interest Rates Will Come Down Once Fed Chair Is Replaced
Cryptocurrency

Trump Says Interest Rates Will Come Down Once Fed Chair Is Replaced

by PWC
January 28, 2026
0

US President Donald Trump on Tuesday mentioned the US Federal Reserve will minimize rates of interest as soon as he...

Fourth graders ask whether kids or adults have it better as part of NPR challenge

Fourth graders ask whether kids or adults have it better as part of NPR challenge

January 28, 2026
IPO calendar: 5 new issues to hit the market next week, Shadowfax to debut on bourses

IPO calendar: 5 new issues to hit the market next week, Shadowfax to debut on bourses

January 24, 2026
Seeing Robotaxis In the Wild

Seeing Robotaxis In the Wild

January 27, 2026
What the Bank of Canada will be looking at before its rate decision Wednesday: FP Video

What the Bank of Canada will be looking at before its rate decision Wednesday: FP Video

January 25, 2026
Meltdown: GOP pollster predicts Trump pivot as job ‘not fun’ when ‘public doesn’t applaud’

Meltdown: GOP pollster predicts Trump pivot as job ‘not fun’ when ‘public doesn’t applaud’

January 27, 2026
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.