The Home Depot

Where else would you find a customer driven workplace? Where their focus is to be number one in the nation for exceptional customer service. Look no further then The Home Depot (HD) the nation largest home improvement retailer. Carrying a whole array of assortment of building material, Lawn and garden supply. In reference to the article "How the Home Depot Makes Money", the HD strive to make shopping more enjoyable. The Home Depot originated from "Arthur Blank, and Bernie Marcus, in the year 1978"(Ravi,2017). The dynamic duo commenced their career as sales representative for Handy Dan Home. Their employment from the family owned Handy Dan Improvement was shortly lived. The two optimistic/jobless teens decided that to peruse their owned dreams.…

Bob Nardelli joined the Home Depot team in 2000, when it was already successful. However, he also joined during a time when the company had grown so rapidly so quickly that changes needed to be made. While he created his own change model, had he known about Kotter and Cohen’s 8-step change model, he may have met fewer challenges (Kotter & Cohen, 2002). When Nardelli first arrived at Home Depot, he was deemed an outsider of a close-knit organization. Nonetheless, the board had made the decision…

To follow its motto of “Building Towards Success” the Home Depot needed to set out for itself a very clear mission, “To provide the highest level of service, the broadest selection of products and the most competitive prices. We are a values-driven company and our eight core values include the following: Excellent customer service, Taking care of our people, Giving back, Doing the ‘right’ thing, Creating shareholder value, Respect for all people, Entrepreneurial spirit, and Building strong…

Home Depot is a home improvement specialty store that has been around since 1978 (Home Depot, 2016). The Home Depot has more than 2,200+ retail stores in the United States (including Puerto Rico and the U.S. Virgin Islands and the territory of Guam), Canada and Mexico and reported retail sales of $94 Billion and earnings of $8 billion in 2016 (Home Depot, 2016). In order to have this type of success, Home Depot had to be well aware of the economy, housing market, and home improvement industry…

Introduction The Home Depot of Canada is one of Canada’s largest home improvement retailers with over 27,000 employees (MarketLine Company Profile, 2016) and recorded revenues of over 66 billion dollars in 2010 (MarketLine Industry, 2013). The Home Depot is a titan of industry in the retail market and continues to grow today. HD Canada offers many lines of products and services to meet the budget and the needs of customers all across Canada. HD Canada is also a large presence in the communities…

Home Depot’s Background Information 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…

Home Depot strives to stay ahead of the competition by building numerous, large warehouse type stores in lucrative locations and employing skilled staff to service its customers. The company utilizes a state of the art reordering system, which maintains a favorably high rate of inventory turns. Since its inception Home Depot goal is to be the largest supplier of home building supplies. Home Depot offers do-it-for-me installation programs that include products such as carpeting, flooring,…

the strategies to be adopted to promote organizational performance. Home depot and Lowe 's Companies Inc. are among the biggest home improvement retail chains in the United States necessitating the development of a SWOT analysis to differentiate the two companies and their performance. Home depot Inc. is among the world biggest home improvement retailer. It sells commodities…

point increase from 2001, which reflects management efficiency and asset control (Hunger and Wheelen) (Annual Report). Earnings Per Share improved by 21%, because of Home Depot’s repurchase of 69 million shares. This repurchase of Treasury Stock avoided a diluted effect in per share calculation (Annual…

the GDP growth rate was 9.8% whereas the home improvement market was worth $50 billion in sales with a growth rate of 12%. Following tight monetary policies, the inflation rate for China has remained at 8.9 % since 2001. Besides, there was $637.42 billion worth of property being constructed and this made up 28% of the country’s GDP in 2005. Considering these estimates and the expected…