Home Depot History

Topics: Robert Nardelli, The Home Depot, Frank Blake Pages: 3 (914 words) Published: April 2, 2007
The Home Depot
"You Can Do It. We Can Help."
History of The Home Depot
As you can see the stock that we charted for this project was the Home Depot's stock. The Home Depot was founded by two men Bernie Marcus and Arthur Blank. Their original partnership was called MB associates and they officially incorporated on June 29, 1978. They did change their company name obviously to The Home Depot. They opened their first store on June 22, 1979 in Atlanta Georgia. They have been growing ever since then. By the year 1990 they had 145 stores and $3.8 billion in sales. As of today they have 2,045 stores, 355,000 associates, and $81.5 billion in sales. The Home Depot has come a long way in twenty eight years. They have never merged with any company's but they have bought out several supply companies. Some of the company's that they have bought are Hughes Supply, National Water Works, Contractors Warehouse, and White Cap. That is only some of the few company's that they have bought out. "Home Depot's unique culture is built on associate dedication and a commitment to an "orange-blooded" entrepreneurial spirit." (homedepot.com)The Home Depot has some very good and respectable values such as: taking care of their people, giving back to the community, doing the right thing, excellent customer service, creating shareholder value, building strong relationships, entrepreneurial spirit, and respect for all people. The Home Depot's main goal is to challenge their associates to find the best products for their customers, provide the best work environment for their associates, have a positive impact on the communities that they operate in, and provide excellent returns for their stockholders. The Area That Home Depot Operates in and Their Product Lines/Mix

The Home Depot currently has 2,079 stores in the U.S., Canada, Mexico, Puerto Rico, and St. Thomas. They also have 34 EXPO design centers in the U.S. and they have 900 Home Depot supply centers. They offer many different...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Home Depot Essay
  • Home Depot Implements Essay
  • Essay about Centralizing Business
  • Business: Leadership and Home Depot Essay
  • Essay on A Home Depot Analysis
  • Home Depot Essay
  • Essay about Home Depot Case Study
  • The Home Depot Essay

Become a StudyMode Member

Sign Up - It's Free