The Home Depot

About the Home Depot

When the Home Depot was founded in the year 1978, Bernie Marcus & Arthur Blank had any idea how revolutionary this whole new “hardware store” will be to improve the home as well as the retail industry.

At the present time, the company is proudly named as the world’s largest home improvement retailer.

In over 2,200 stores all around North America, the company aspire to exceed in service to their customers, communities, associates, as well as shareholders. That is what leadership means to them. All these make The Home Depot completely different and unique from others.

The culture & success of the company is built on an unwavering loyalty to a total of 8 guiding principles.

The company exists by an easy and clear premise by their founders, that is, Put customers & associates first, then the rest will take care of itself.

Their 3-legged stool builds a strategic framework, which drives lasting customer as well as shareholder value.

The founders of the company have a vision of one-stop shopping for the do-it-yourselfer came to fruition when it opened the very first two Home Depot stores in the year 1979, in Atlanta, Georgia.

The initial stores, at approximately 60,000 square feet each, were cavernous warehouses that dwarfed the competition as well as stocked a total of 25,000 products, much more than the average hardware store at that time.

At present, The Home Depot is the world’s largest home improvement retailer along with almost 400,000 orange-blooded associates as well as over 2,200 stores in the United States, Canada and even Mexico.

The normal store at present averages 105,000 square feet of indoor retail space, inter-connected with an e-commerce business, which provides over 1 million products for the DIY customer, professional contractors, as well as the industry’s biggest installation business for the Do-It-For-Me customer.

 

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