The Home Depot 2008 Annual Report Dear Shareholders: In 2008‚ our retail sales declined by 7.8 percent‚ with comp sales down 8.7 percent. Our adjusted earnings per share from continuing operations declined 22 percent. In ordinary times‚ these would be very disappointing results. But 2008 was not an ordinary year. Despite the difficult economic environment‚ we continued to improve our retail business‚ through investing in our associates and our stores‚ rebuilding our supply chain and
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supply business and home service business 4. Cutting labor costs by doubling the number of part-time workers Weakness: 1. The large number of part-time workers can decrease the quality of products. Workers won’t work so hard. 2. Selling wholesale distribution channels makes it loss the wholesale customers. 3. The customer satisfaction decreased‚ because the store is not that modern 4. The huge debt ratio from 10% to 47% Opportunity: 1. Acquiring the Chinese home-improvement retailer
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money is spent on repairs and changes to homes‚ it will make sense why I choose to look at the Home Depot to really understand my community. Walking around the store and talking to employees about their experiences I found out Home Depot is not a good representation of the surrounding area but its own little biotope. It seems to have to have a higher amount of special crowd that is attracted to the store‚ its own idioms and offer its own incentives. Home Depot is usually thought of as macho‚ and a man’s
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Part 4 Case 1: Retail Development Comes To Hattiesburg‚ Mississippi Hattiesburg-a small town full made up of university students mostly has been losing its customers to nearby large towns and cities such as Mobile‚ New Orleans and Biloxi. However‚ the new mall Turtle Creek Mall is expected to lure back the crowd inside the town. This huge center has many big-box retailers such as Bed‚ Bath and Beyond‚ Old Navy etc. it is expected that the new retail facilities will increase retail square footage
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Home Depot was founded in 1978 in Atlanta‚ Georgia. The company went public in 1981. Their stocks were first traded in OTC (Over-The Counter) and were subsequently listed on the New York Stock Exchange in 1984. The Chain stores were warehouses that had huge amounts of building materials and home improvement products targeting customers that were individual home owners and small contractors. Their aim was to bring the warehouse retailing concept to the home center industry. This was considered to
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of 2007 has not looked to well for Home Depot. The company has seen a 3% decline in revenues and that resulted in a 21% decrease in earning as compared to the last half of 2006. The prudence concept is the accounting concept that best describes the situation that Home Depot is currently facing. The prudence concept is an approach that does not report revenues until they have been realized or very certain to be realized (Edmonds‚ Tsay‚ & Olds‚ 2011). Home depot 3% decline in revenues in the first
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to substantiate your claims. The future value of Home Depot is simply the principle time value of money that is calculated to estimate the demand for future payments demand over the risk free rate of interest. The rate of discount is nothing but the summation of time value of money as proposed by the appropriate rate of interest. This aims towards increasing the nominal value of future returns. At 8% rate of risk‚ the company expressed an ideal future value of negative 425.78 million while the company
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Home Depot STRENGTHS - Strong market position - Higher returns than competitors - Balanced brand mix - WEAKNESSES Sub optimal capital structure - Product recall OPPORTUNITIES - International presence - Growing popularity of power tools - Increasing online sales THREATS - Intense competition - Slowdown in US housing market - Rising labor wages in the US |The Home Depot Inc. (HD)
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HOME DEPOT‚ INC. in the New Millennium Tom Thomson‚ Suzanne Ma‚ Todd Humphrey‚ Owen Clements June 28‚ 2006 Agenda Background/History Current situation Accounting and Finances Growth Initiatives Financial Analysis Forecast HOME DEPOT Inc. Founded In 1978 in Atlanta‚ Georgia Largest Retailer of home improvement products Stores were warehouses and sold large volumes of goods at low prices Offered ‘how-to-clinics’ and knowledgeable customer service representatives Between
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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
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