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The Home Depot History. Founded First Stores Opened The Vision Values Corporate and Financial Overview. Founded and incorporated in 1978. Bernie Marcus and Arthur Blank. First 2 stores open . Atlanta Georgia , June 22 , 1979. The Home Depots Vision.

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The home depot history
The Home DepotHistory

  • Founded

  • First Stores Opened

  • The Vision

  • Values

  • Corporate and Financial Overview


Founded and incorporated in 1978
Founded and incorporated in 1978

  • Bernie Marcus and Arthur Blank


First 2 stores open
First 2 stores open

AtlantaGeorgia, June22, 1979


The home depots vision
The Home Depots Vision

  • Vision of one-stop shopping for the do-it-yourselfer

  • The Home Depot has a philosophy of customer service—“whatever it takes”—means cultivating a relationship with customers rather than merely just making a sale.


Values

Taking care of associatesGiving back to the communityDoing the right thingExcellent customer careCreating shareholder valueBuilding strong relationshipsRespect for all people


Corporate and financial overview
Corporate and Financial Overview

  • Headquarters in Atlanta Georgia

  • CEO, and chairman is Frank Blake

  • 2200 retail stores including 1977 in the U.S. and the territories of Puerto Rico, US Virgin Islands, Guam and 180 stores in Canada

  • More than 300,000 assoc.


Financial results q3 2013
Financial Results (Q3 2013)

  • Revenue $19.5 billion, up 7.4% from (Q312)

  • Earnings $1.4 billion, compared to $947 million in (Q312)


Global presence
Global Presence

  • 85% of Home Depot’s stores are located in the U.S.

  • 180 stores located in Canada

  • 100 stores in Mexico


International strategy
International Strategy

  • Official statement by Francis S. Blake, the Chairman and CEO at Home Depot from the company’s Annual Report for FY2013

  • International

    • “We believe our business is well positioned as the U.S. housing market continues on a path to recovery.”


International strategy1
International Strategy

  • Current Chinese home improvement market value of $78 billion and forecasted to be $99 billion by 2017.

  • U.S. home improvement growth rate by 2017 is predicted to be 1.7%

  • Chinese home improvement growth rate by 2017 is predicted to be 4.9%


Environmental responsibility
Environmental Responsibility

Eco Options Program

  • http://www.ecooptions.homedepot.com/

  • In 2012 alone, The Home Depot’s partnership with WaterSense saved consumers 35.5 billion gallons of water and nearly $260 million in water utility costs.

  • Total purchases made at The Home Depot in 2012 of ENERGY STAR qualified products saved our customers over $700 million in annual utility costs, reducing kilowatt hours usage by over 6 billion


  • Issues
    Issues

    • Many legal proceedings

      • South Coast Air Quality Management

      • Unfair business practices and false advertisement


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