Home Depot​

Home Depot​

1. Introduction to Home Depot

   • Founded in 1978 by Bernard Marcus, Arthur Blank, Ron Brill, and Pat Farrah.
   • Headquartered in Atlanta, Georgia.
   • Largest home improvement retailer globally with over 2,300 stores in the U.S., Canada, and Mexico.

2. Business Model and Offerings

   • Operates large warehouse-style stores catering to DIY enthusiasts, contractors, and installation service seekers.
   • Offers a vast product range, including tools, building materials, appliances, and décor.
   • Robust e-commerce presence with over one million products online.

3. Innovative Approach

   • Known for the signature orange branding and iconic aprons worn by employees.
   • Focuses on knowledgeable staff to guide customers with expert advice.
   • Created the "Do-It-For-Me" service model to assist customers with installations.

4. Growth and Expansion

   • Went public in 1981, with rapid expansion in the 1980s and 1990s.
   • Acquired major companies like Hughes Supply and Interline Brands to penetrate professional markets.
   • Operates internationally in all 10 Canadian provinces, 32 Mexican states, and more.

5. Financial Success

   • Generates annual revenues exceeding $150 billion.
   • Employs nearly 475,000 workers globally, ranking as one of the largest U.S.-based employers.

6. Community and Environmental Initiatives

   • Focus on disaster relief, veteran support, and sustainability through green practices.
   • Workforce development via the "Path to Pro" program, empowering future professionals in trades.

7. Key Achievements

   • Recognized as a leader in the retail and home improvement industry.
   • Maintains a balance of physical stores and a robust digital presence.