History
The Home Depot was founded in 1978, by Arthur Blank and Bernie Marcus. Despite the fact, that Home Depot manufactures home and construction improvements it is a U.S. based hardware retailer that offers some services. However, the first two Home Depot stores were opened on June 22, 1979, in Atlanta, Georgia as a vision of one-stop shopping for do-it-yourselfers. Home Depot went public in 1981, and was on NASDAQ when they moved in 1984 to the New York Stock Exchange. The company celebrated its 100th store opening in 1989. In 1994, the company arrived in Canada along with the acquisition of Aikenhead’s home improvement centers, and in Mexico in 2001 through the acquisition of Total Home. By 2006, the company had expanded by acquiring The Home Way in China, a 12 store chain (Our History - The Home …show more content…
Virgin Islands, territory of Guam, and Puerto Rico), Mexico, and Canada. The New York Stock Exchange is where Home Depot’s stocks are traded and included are Standard & Poor’s 500 indexes, and the Dow Jones industrial average. In the whole world the company has more than 120 million customers. Some of the major brands of Home Depot include: outdoor and power tools, carpet cleaning, water heaters, decor products, outdoor furniture, tile, paint, work lights,
Extension cords, husky tools, cabinet storage’s, indoor organization, grout services, upholstery, workforce tools, tarps, paint brushes, shelving tools, and Thomasville cabinetry. In Canada, the Home Depot has as many as 180 top home improvement retail stores. However, the company employs over 35,000 Canadians, and has stores in 10 provinces that serve other territories as Northwest Territory, Nunavut, and Yukon through an online electronic sale means (History And Background Of The Lowes Company Business Essay, 2015).