Home depot paper

Topics: Lowe's, Home improvement, The Home Depot Pages: 13 (555 words) Published: January 25, 2014


Home Depot

EMG 3327
11/13/2013

Introduction
The reason for selecting this topic is because I worked in a warehouse, so most of the work is similar to Home Depot we handle thousands of items on a daily basis like electrical parts, hardware, paint, janitorial supplies, and plumbing. The only difference is that we are funded for the government and provide our service to assisted families at or below 80 percent of area median income.

History
The Home Depot was founded in 1978 by Bernie Marcus and Arthur Blank. Along with

investment banker Ken Langone and merchandising guru Pat Farrah, the founders’ vision of one-

stop shopping for the do-it-yourselfer came to fruition when they opened the first two Home

Depot stores on June 22, 1979, in Atlanta, Georgia.

From the start, associates were able to offer the best customer service in the industry, guiding

customers through projects such as laying tile, changing a fill valve or handling a power tool.

Not only did store associates undergo rigorous product knowledge training, but they also began

offering clinics so customers could learn how to do it themselves. The Home Depot

revolutionized the home improvement industry by bringing the know-how and the tools to the

consumer and by saving them money.

Discussion

The Home Depot is the fastest growing retailer in U.S. history. In 1981, the company went

public on NASDAQ and moved to the New York Stock Exchange in 1984. The 1980s and 1990s

spawned tremendous growth for the company, with 1989 marking the celebration of its 100th

store opening. The company arrived in Canada with the acquisition of Aikenhead’s home

improvement centers in 1994, and it began flying its flag proudly in Mexico in 2001 through the

acquisition of Total HOME. In 2006, the company extended its reach to China by acquiring The

Home Way, a 12 store chain.

From the beginning, The Home Depot developed strategic product alliances directly with

industry-leading manufacturers to deliver the most exclusive assortments to customers. Through

a combination of national brands and proprietary products like Ryobi® tools, RIDGID® tools,

BEHR® paint, LG® appliances, and Toro® and Cub Cadet® lawn equipment, the company sets

the standard for innovative merchandise for the do-it-yourselfer and the professional contractor.

Stock prices last 3 years

Prices
 
 
 
 
 
 
Date
Open
High
Low
Close
Avg Vol
Adj Close*
1-Nov-13
77.98
78.03
74.78
77.6
7,035,500
77.6
1-Oct-13
75.88
78.6
73.74
77.89
7,462,700
77.89
3-Sep-13
74.83
78.81
72.21
75.85
7,684,300
75.85
3-Sep-13
0.39 Dividend
1-Aug-13
79.52
80.5
73.11
74.49
7,974,500
74.1
1-Jul-13
77.63
81.23
76.63
79.03
5,953,500
78.62
4-Jun-13
0.39 Dividend
3-Jun-13
78.65
79.68
72.41
77.47
9,501,600
77.06
1-May-13
73.18
81.56
72.53
78.66
7,527,300
77.86
1-Apr-13
69.51
74.59
69.51
73.35
7,356,800
72.61
12-Mar-13
0.39 Dividend
1-Mar-13
68.38
71.45
68.09
69.78
6,745,800
69.07
1-Feb-13
67.62
69.19
63.82
68.5
8,009,500
67.43
2-Jan-13
63.57
68.15
62.38
66.92
6,354,300
65.88
3-Dec-12
65
65.92
60.21
61.85
7,560,300
60.89
27-Nov-12
0.29 Dividend
1-Nov-12
61.95
65.23
60.31
65.07
8,929,300
64.06
1-Oct-12
60.77
63.2
58.75
61.38
10,070,000
60.15
4-Sep-12
56.79
60.58
56.37
60.37
8,017,900
59.16
28-Aug-12
0.29 Dividend
1-Aug-12
52.31
57.18
51.21
56.75
8,515,300
55.62
2-Jul-12
52.96
54.28
49.77
52.18
10,321,500
50.88
1-Jun-12
48.85
53.28
47.75
52.99
14,406,300
51.67
29-May-12
0.29 Dividend
1-May-12
51.93
52.88
46.37
49.34
13,656,500
48.11
2-Apr-12
50.1
52.39
49.36
51.79
9,152,200
50.2
6-Mar-12
0.29 Dividend
1-Mar-12
47.53
50.42
46.12
50.31
9,348,900
48.77
1-Feb-12
44.69
48.07
44.3
47.57
10,049,800
45.83
3-Jan-12
42.41
45.5
41.92
44.39
10,350,100
42.76
1-Dec-11
38.86...
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