Home Depot said today it will close 15 underperforming U.S. stores -- two in Indiana, three in Wisconsin, two in New Jersey, two in Ohio and one each in Kentucky, New York, Minnesota, Louisiana, North Dakota and Vermont.

The chain will continue with plans to open 55 new stores this year, but will scrap plans to open 50 new stores still in the pipeline over the next 10 years.

According to the press release, the closings will affect 1,300 workers. Home Depot says store managers and assistant store managers at these locations will be offered other store management positions within the organization. The company will work to place the rest of the associates in other comparable store positions where available. 

The slowdown in consumer spending isn't just hurting Home Depot, the NYT reports that over the next year, Foot Locker said it would close 140 stores, Ann Taylor will start to shutter 117 and the jeweler Zales will close 100.