Home Depot Swot Analysis Essay

Organizational performance is a result of business interaction with its internal and external environment (Houben, Lenie & Vanhoof, 1999). There are a variety of internal and external forces that either stimulate or compromise the organization's performance in achieving objectives or goals (Houben, et al., 1999). An analysis can identify and evaluate areas within or outside of the organizations to provide information for leadership. The analysis can be done by internal personnel or external experts. Experts are often used to identify, monitor, forecast and assess environment trends (Swayne, Duncan & Ginther, 2008). Often the SWOT analysis is used to review internal and external areas in the four components; strengths, weakness,

- Tangible resources: Some items ranging from apparel to household electronics are defective placed on the store floor.

The Home Depot (Ticker: HD) is the world’s largest home-improvement retailer along with being an American Fortune 50 company. The company operates 2,259 retail building supply/home improvement “warehouse” type stores all across the United States, Canada and Mexico. The Home Depot has over 340,000 team members and is based in Atlanta, Georgia. The average store size is just over 100,000 square feet along with an additional 24,000 square feet set aside for seasonal gardening.

While Lowes has a smaller debt-to-asset ratio (~.64 compared to Home Depot’s ~.69) and a smaller debt-to-equity ratio (~1.76 compared to Home Depot’s ~2.24), the future liquidity and solvency of the company could come into question due to Lowes’s low current ratio, which has consistently trended downward, dropping from ~1.28 to ~1.16, over the past three years.

The Home Depot is the fastest growing retailer in U.S. History and currently has more than 2,200 convenient locations throughout the United States (including the territories of Puerto Rico and the Virgin Islands), Canada, China and Mexico. Stores average 105,000 square feet with approximately 23,000 additional square feet of outside garden area (The Home Depot, 2012). The retail inventory consists of up to 40,000 different kinds of building materials, home improvement supplies, appliances and lawn and garden products for all of your project needs. Selections may vary from store to store because

Home Depot was founded in 1978 by Bernie Marcus and Arthur Blank. In 1979, the first two stores were opened in Atlanta, Georgia. The Home Depot’s mission is to provide the products and know-how to enable people to take their dreams for their homes into their own hands. Home Depot sells an assortment of building materials, home improvement products, lawn and garden products and provides a number of services. Home Depot stores average about 105,000 square feet of enclosed space, with approximately 23,000 additional square feet of outside garden area. The company also operates 34 Expo Design Center stores, two THD Design Center stores and five Yard birds’ stores. Home Depot 's stores stock about 35,000 to 45,000 different kinds of products

Target Corporation is known worldwide as a large retail chain that brings in millions of dollars each fiscal year. The ability to remain competitive in a saturated industry could prove difficult to some retailers, but Target remains one of the leaders in the retail market. With success comes risk. Target Corporation competes against online retailers as well as “big box” stores to remain competitive.

They currently operate approximately 2,248 stores in the U.S., including the Commonwealth of Puerto Rico and the territories of the U.S. Virgin Islands and Guam. There are stores in ten Canadian provinces, 85 stores in Mexico, and eight stores in four Chinese cities. The Home Depot has 48 specialty stores-including, 34 Expo Design Centers, five Northern California Yardbirds stores, two stand-alone Design Centers, and seven-unit HD Bath remodeling business (The Home Depot, 2011).

Despite some financial difficulties in the mid 1980’s caused by over expansion. The company opened fewer stores in 1986 and changed their stock offerings to help restructure their debts. The Home Depot would not see another financial downfall until 2008 with the down turn of the housing market. This lead to several thousand layoffs and the closing of 54 stores nationwide. The Home Depot continues to grow as the leader of do-it-yourself home improvement.

Strength: Home Depot operates 18 mechanized distribution centers in the United States, and in Canada. Home Depot has more the 380,000 employers and almost $80 billion sales annually. Home Depot is fastest growing retailer in U.S. In its worst of times,

The company offers an array of products and services which appeals to a large target audience. From the weekend warrior to the professional craftsmen Lowe’s has it all. Lowe’s has just about anything to build or repair a home and even decorate it. If one were to go to the home page, they would see a long list of different types of products and services they offer. Some of the major categories they offer are appliance, building supplies, doors & windows, heating & cooling, home décor, paint, plumbing, and tools.(6). Not only can one goes to Lowe’s to buys just about anything needed for the home, but the company will even deliver the items to one’s home or place of business (7). They even offer free local delivery on all appliances costing

With around 5000 retail outlets worldwide, operating in more then a dozen countries and with over US$286 billion in annual sales, Wal-Mart is the top retail chain and number one fortune 500 company in the world. Wal-Mart is the top employer in the U.S. with 1.3 million employees, “the company accounts for 9 cents of every US retail dollar and sells around 20 per cent of the nation’s groceries and pharmaceuticals.” (Times News Network).

One night in 1981, Jeff Munks, a police office in San Jose, CA responded to an urgent call and arrived at a residence where a Vietnamese immigrant who spoke no English was screaming and waving his arms agitatedly. Next to him, his son was having trouble breathing. After Jeff guessed what had been happening and immediately called for an ambulance, he kept thinking about emergency situations where danger is exacerbated because of a language barrier. This resulted in Telephone Interpretation being offered since that year. This service connects trained interpreters via telephone to Limited English Proficient (LEP) Individuals. Cyracom International is one of those companies that provide critical

DefinitionEdit DefinitionSave to FavoritesSee ExamplesAgents, factors, or forces in an organization's external environment that are out of its control, and can directly or indirectly affect is chances of success or failure.

The cost of production of furniture are pretty low at the moment and so, new competitor will surface and it don’t take as much money as it did in the past to set up a furniture company. Economy recession is another factor that will threaten IKEA status as lesser people will be spending their money to replace their existing furniture.