The Home Depot, Inc.
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company_slogan = You Can Do It. We Can Help.|
foundation = 1978 Atlanta, Georgia|
location = Atlanta, Georgia|
key_people = Robert Nardelli, CEO & Chairman|
industry = Retail (Home Improvement)|
num_employees = 325,000|
products = Home improvement products such as appliances, tools, hardware, and garden supplies & plants.|
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The Home Depot NYSE: HD, headquartered in Atlanta, Georgia, is a big box home improvement retailer that aims for both the do-it-yourself consumer and the professional in home improvement and construction. It is the second largest retailer in the United States, behind Wal-Mart; and the third largest retailer in the world, behind Wal-Mart and French company Carrefour. The Home Depot operates about 2,000 stores across North America. The company operates stores in the United States (including the 50 states, Puerto Rico, the United States Virgin Islands), Canada, and Mexico. The Home Depot also operates EXPO Design Center stores in select U.S. markets, providing high-end home design products and services.
The Home Depot employs over 325,000 people.
Contents
- 1 History
- 2 The Home Depot today
- 2.1 Corporate governance
- 2.2 Exclusive Brands
- 3 Major sponsorships
- 4 Home Depot Canada
- 5 External links
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History
Home Depot stores are large, averaging 109,000 ft² (10,000 m²) and warehouse-style, stocking a large range of supplies. The company color is a bright orange, on signs, equipment and employee aprons.
The company was founded in 1978 in Atlanta, Georgia by Bernie Marcus and Arthur Blank, and grew rapidly, with sales topping $1 billion annually by 1986.
The Home Depot today
Its 2004 sales totaled US$73.1 billion. It was ranked #13 on FORTUNE magazine's FORTUNE 500 The Home Depot also owns EXPO Design Center, a chain of higher-end home decorating and appliance stores.
Corporate governance
Current members of the board of directors of Home Depot are: Greg Brenneman, Richard H. Brown, John Clendenin, Claudio González, Milledge Hart, Bonnie Hill, Laban Jackson, Lawrence R. Johnston, Ken Langone, Robert Nardelli, and Tom Ridge.
Exclusive Brands
Home Depot exclusively carries these brands:
- RIDGID
- Ryobi
- Workforce
- Thomasville cabinetry
- Ralph Lauren paint
- Mill's Pride
- Behr Paint
Major sponsorships
Since 1991, the company has become a large supporter of athletics, sponsoring the United States and Canadian Olympic teams, and launching a program to offer employment to athletes that fully allowed for their training and competition schedules. Company co-founder Blank also purchased the Atlanta Falcons franchise of the National Football League in February 2002. The Home Depot is also the primary sponsor of Joe Gibbs Racing.. NASCAR driver Tony Stewart drives The Home Depot car.
Home Depot Canada
The Home Depot Canada is the Canadian unit of Home Depot NYSE: HD and one of Canada's top home improvement retailers. The Canadian operations consists of more than a hundred stores in Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Quebec, Saskatchewan and Newfoundland and Labrador and employs over 18,000 people in Canada.
The Canadian unit was created with the purchase of Aitkenhead Hardware. Home Depot management has an ambitious plan to overtake its biggest competitor, Rona, which is about four times its size in number of stores. However, many of Rona's stores are small. In terms of big box stores, Home Depot has many more stores than Rona.
External links
- Home Depot USA (English website)
- Home Depot USA (Spanish website)
- Home Depot Canada (English and French website)
- Home Depot Mexico
- EXPO Design Center
- 10 Crescent Lane
| The Home Depot, Inc.
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Corporate Directors: Greg Brenneman | Richard H. Brown | John Clendenin | Claudio González | Milledge Hart | Bonnie Hill | Laban Jackson | Lawrence R. Johnston | Ken Langone | Robert Nardelli | Tom Ridge
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Annual Revenue: $73.1 billion USD (Employees: 325,000 | Stock Symbol: NYSE: HD | Website: www.homedepot.com
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Search Term: "The_Home_Depot"
Categories: Companies traded on the New York Stock Exchange | Retail companies of Canada | Retail companies of the United States | Hardware stores | Fortune 500 companies | Companies based in Georgia (U.S. state)
