Home Depot
The Home Depot is the world's largest home improvement retailer, offering products, services, and expert advice for DIYers and pros alike.
Key Facts About Home Depot:
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Foundation and Founders
- Established in 1978 by Bernard Marcus, Arthur Blank, Pat Farrah, and Ron Brill in Atlanta, Georgia.
- Created with the vision of providing large warehouse-style stores for home improvement needs.
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Scale and Operations
- The largest home improvement retailer globally, with over 2,300 stores in the United States, Canada, and Mexico.
- Employs nearly 475,000 people worldwide.
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Product and Services
- Offers a wide range of products for DIY enthusiasts, contractors, and professional services.
- Includes tools, building materials, gardening supplies, and installation services.
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Online and Interconnected Retail
- Operates a strong e-commerce platform featuring over one million products.
- Integrates physical stores with online services to provide seamless shopping experiences.
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Notable Acquisitions
- Acquired Hughes Supply in 2006 and Interline Brands in 2015 to enhance its professional services market.
- Re-acquired HD Supply in 2020 for $8 billion to bolster B2B sales.
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Brand and Identity
- Known for its signature orange branding, symbolizing energy and visibility.
- Employees wear orange aprons, a hallmark of the brand
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Community Initiatives
- Engaged in disaster relief, veteran support, and workforce development programs like "Path to Pro."
- Committed to sustainability and diversity in its operations
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Financial Overview
- Generates annual revenue exceeding $150 billion.
- Recognized as a major player in the consumer discretionary and specialty retail sector
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