Photo by Shardayy

Another U.S. company bites the concrete curb in China. Home Depot is just another U.S. company, of a list of other China business failures (Best Buy closed its China stores in 2011, and others like Wal Mart, Mattel, etc. etc.  have had a rocky, love-hate relationship with China). But, unlike other U.S. companies eking along, hoping to finally prove their international business prowess in China, Home Depot learns Chinese is not a forgiving experience. According to this Wall Street Journal article, Home Depot Learns Chinese Prefer ‘Do-it-for-Me”, “Home Depot Inc., in deciding to close all seven of its remaining big-box stores in China after years of losses, joins a growing list of retailers who have stumbled in China by failing to grasp the local culture and importing alien business models that are better suited to the U.S. or other countries.”

Wonder what Shanghai based, Dr. Quelch, author of All Business Is Local: Why Place Matters More Than Ever in a Global, Virtual World would think of this? Read our recent coverage on the subject of the “local” dynamic in play, even in China.

What would you have done if you were a struggling Home Depot in China?