Home Depot History

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The story behind the largest home center retailer all began in early 1978. Established by Arthur Blank and Bernie Marcus alongside with a financial specialist investor known as Ken Langone and marketing master Pat Farrah. Their vision were to make a chain of home-improvement warehouses, which are greater than any other competitors' facilities, filled with different array of products and to sell that products they needed some well trained and knowledgeable associates. Home Depot practically revolutionized the do-it-yourself home improvement industry in the United States overnight. Marcus and Blank opened their initial two stores on June 22, 1979, in Atlanta, which made the city the official home of the Home Depot. (The Home Depot … 2014).
In 1981, The Home Depot went public on NASDAQ and moved to the New York Stock Exchange in 1984. Marcus and Blank started a forceful yet very much arranged development program. Now, Home Depot …show more content…
They carry wide variety of low-cost products, and offer expert advice and exceptional customer service. As the world’s largest home improvement chain and one of the biggest US retailers, the company operates nearly 2,270 stores in the US, Canada, and Mexico, an in addition an online business. The average Home Depot store is roughly 130,000 square feet and is stocked from floor to ceiling with some 40,000-50,000 distinct products. The size and volume permits Home Depot to stay profitable by offering more for less. This, in turn, permits Home Depot to negotiate lower costs from the merchandise vendors, with the savings handed on to the consumer. It focuses on the do-it-yourself (DIY) and professional markets with its choices in lumber, flooring, plumbing supplies, garden items, tools, paint, and appliances. Items varied from well-known national brands to generic Home Depot brands. Home Depot also offers installation services for carpeting, cabinetry, and different

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