The Home Depot, Inc.

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.

The Home Depot mission statement reads as follows: “The Home Depot is in the home improvement business and our goal is to provide the highest level of service, the broadest selection of products and the most competitive prices. We are a values-driven company and our eight values include the following: excellent customer service, taking care of our people, giving back, doing the “right” things, creating shareholder value, respect for all people, entrepreneurial spirit, and building strong relationships.”

Home Depot is the fastest growing retailer in the U.S. by some accounts. It has a fascinating history of innovation and entrepreneurship. The company had some difficulties in the mid-2000s that some attribute to cultural clashes. However, during this period the company was able to take full advantage of the housing boom. Yet when the bubble burst, Home Depot was forced to claim substantial losses. Despite these loses Home Depot has weathered the storm fairly well and is in prime position to take advantage of an economic recovery; if it ever comes.

The Home Depot knows that they must stay on top of technology and management must be able to organize this function in a way that surpasses the competition, pleases the customers, and keep the employees satisfied.

Home Depot was founded in 1978 by Bernie Marcus and Arthur Blank. These founders envisioned providing one-stop shopping for the “do-it-yourselfer,” and this vision became a reality after working with investment banker Ken Lagone and merchandising expert, Pat Farrah. The first two stores were opened on June 22, 1979, in Atlanta, GA. These first stores were approximately 60,000 square feet in size each, and stocked 25,000 products, which made the stores drastically larger than any competitor or hardware store at that time. In addition to offering more products than competitors, store associates were also expected to offer the best customer service in the industry. Associates at

Home Depot is the world's largest home improvement retailer operating in 45 states, Canada, Chili and Puerto Rico. Home Depot stores aim to serve both do-it-yourselfers and professional contractors with home improvement superstores carrying between 40,000 and 50,000 different products. Home Depot has also been listed as one of Fortune's most admired specialty retailers for the past six years. In order for companies to succeed in the competitive current marketplace they must consider not only the bottom line and their investors but also their impacts on the community, their employees, and their customers. Home Depot was founded on the idea that treating employees well is an important responsibility. Home Depot believes employees that are

The Home Depot’s mission statement states: The Home Depot is in the home improvement business and our goal is to provide the highest level of service, the broadest selection of products and the most competitive prices. We are a values-driven company and our eight core values include the

Home Depot is the world’s largest home improvement retailer, placed the fourth-largest retailer in the United States, and the fifth-largest retailer in the world. Part of Home Depot success comes from the slogan “do it yourself”. For example, rebuilding home projects, decorating your house or improving your backyard. The company focuses on customer service, having high trained employees, to be able to share their knowledge. Home Depot has an estimated brand value of $ 23 billion.

Home Depot’s objective is to provide a wide-range of innovative and value focused products for its customers. For any type of organization offering products or services in any given market industry, there is a certain boundary to just how much business there is to go around. “Since the recession, the company has witnessed phenomenal growth with the stock price growing by over 270% in

The Home Depot Inc. was founded in 1978 and is the world’s largest home improvement retailer and the second largest retailer in the United States. The sales for the fiscal year 2000 were $45.7 billion, compared to $38.4 billion in fiscal 1999. As of January 2001, the company was operating 1,134 retail stores in forty-seven states, six Canadian provinces, Puerto Rico, Chile and Argentina.

The Home Depot of Canada is one of Canada’s largest home improvement retailers with over 27,000 employees (MarketLine Company Profile, 2016) and recorded revenues of over 66 billion dollars in 2010 (MarketLine Industry, 2013). The Home Depot is a titan of industry in the retail market and continues to grow today. HD Canada offers many lines of products and services to meet the budget and the needs of customers all across Canada. HD Canada is also a large presence in the communities that the stores are located. With The Home Depot Canada Foundation’s initiatives, The Home Depot is working to fight youth homelessness with their Orange Door Project. Over 3 years, The Home Depot has pledged to donate $10 million (Canada Helps,

Home Depot is one of the few businesses that come to mind when thinking about home improvement and do it yourself projects. But, it is not necessarily the first one that comes to mind considering its competitors like Lowe 's, Ace Hardware, or True Value. In 1978 when Home Depot was founded by Bernie Marcus and Arthur Blank its growth seemed unstoppable. This is most evident by looking at financials of the organization, in 1981 stock options were opened to the public and by 1984 Home Depot was listed on the New York Stock Exchange (The Home Depot: Investor Relations). In 2000, cofounders Marcus and Blank retired and at this time the decision was made to bring in Bob

Founded in Atlanta, Georgia, in 1978, Home Depot was the world’s largest home improvement retailer and the second largest retailer (after Wal-Mart) in the United States based on net sales for the 2005 fiscal year ended January 29, 2006. The Home Depot stores sold a wide assortment of building materials, home improvement and lawn and garden products, and provided a number

Home Depot (TheHomeDepot, n.d.) began as a two store operation in Atlanta, GA in 1979. The concept was the brainchild of Bernie Marcus and Arthur Blank, with inspiration from investment banker Ken Langone and well know merchandising expert Pat Farrah. They envisioned a one stop, do it yourself store that carried most of the products needed to do common home care projects.

When The Home Depot was founded in 1978, Bernie Marcus and Arthur Blank had no idea how revolutionary this new ?hardware store? would be for home improvement and the retail industry. The Home Depot sells from building materials to furniture, everting about your home improvement. Today, the Home Depot is the world 's largest home improvement specialty retailer, with 2,274 retail stores in the United States, Puerto Rico, the territories of the U.S. Virgin Islands and Guam, Canada and Mexico. 1,977 stores of them in the U.S. about 385,000 Employees around the world. As of the end of the first quarter of 2016, The Home Depot about 298 international operations represent 13.1 percent of store base. The Company has been already the largest home improvement retailer in Mexico, in addition to the U.S. The Home Depot entered Canada in 1994 and Mexico in 2001 through a combination of acquisitions and organic growth. Both markets are examples of how The Home Depot combines its vast knowledge of the home improvement industry with the needs, shopping trends and customs of each unique geography to best serve customers.