However, coporate performance is down thirteen percent.
Home Depot is the world’s largest home improvement retailer and the second-largest retailer in the US after Wal-Mart. It has a impressive market share of over 10% in the highly-fragmented market, and is followed by Lowe’s, which posted less than half of Home Depot’s revenues in 2004.They have stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, 10 Canadian provinces, Mexico and China. The Home Depot is the largest home improvement retailer in the U.S., Canada and Mexico. They entered Canada in 1994 and Mexico in 2001 through a combination of acquisitions and organic growth. They also operate 12 stores in six cities in China as a result of an acquisition made in December 2006. Their global expansion demonstrates 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. [continues]
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