ATLANTA — Four merchandising managers at Home Depot Inc. have been fired for allegedly accepting kickbacks totaling as much as $1 million to supply stores with flooring products bought from certain foreign vendors, the company said Tuesday.
Jerry Shields, a spokesman for Home Depot, described the three men and one woman as lower-level managers. They were terminated two weeks ago for "not following company ethics and business conduct." He could not say how long the employees had worked for Home Depot.
The products involved tile and other flooring made by foreign vendors, Shields said, without elaborating.
Shields declined to identify either the vendors -- other than to say they were based in Asia -- or the employees.
Home Depot, the world's largest home improvement store chain, said in a statement that it was cooperating with authorities and that the matter was under investigation.