Home Depot Company Profile – Resources To Tell The Whole Story

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A Collection of Resources To Tell The Story of Home Depot

This post contains and an abundant amount of resources from across the web that will give you the whole story of how this idea dreamed up in a coffee shop became America’s Largest home improvement retailer, but first a brief introduction.

Introduction:

With revenue of over $108 Billion in 2019 and employing over 400,000 people, Home Depot is the largest home improvement retailer in the United States. Operating as a big-box format retailer the company offers a wide variety of home improvement items from top brands as well as its own brand names.

Some of the categories the company provides include; garden supplies, appliances, paint, lumber, tools, plumbing supplies, building materials, kitchen and bath products, flooring, hardware, electrical supplies, and more.

It was the year 1978 In a coffee shop in Los Angeles where Bernard Marcus and Arthur Blank after being fired during a corporate power struggle at Handy Dan, came up with the idea of The Home Depot.

The core idea was what they call the “bill of rights,” consisting of the best variety of products, enough quantities of stock, great pricing, and the help of trained qualified sales associates to help customers find the right product for their needs as well as offer advice for their home improvement and repair projects.

Investment banker Ken Langone and merchandising guru Pat Farrah, with their expertise and connections were a key part of the success of getting this idea up and running with the first two Home Depot stores opening in Atlanta.

The stores opened with a warehouse look and with 60,000 square feet, there were more items than any of their competitors. They had so much space they stacked the top shelves with empty boxes to give the impression the store was packed with products. In the early days, Marcus and Blank drove forklifts around the warehouse to make skid marks so it would look like there was a lot of forklift traffic and the store was busy.

During the grand opening Marcus and Blank had their kids stand at the exit and give each customer a dollar as a thank you for coming in, they barely had any customers come that day so the kids moved to the parking lot offering people a dollar to come in and tour the store.

For the complete story of Home Depot and peek into its financials, shareholders, employee relations, company facts and more, see the unique collection of hand-picked resources in the sections to follow.

Sections included in this post:

  • The History of Home Depot
  • Home Depot Founders
  • Home Depot Executives
  • The Home Depot Mission Statement
  • Home Depot Divisions And Subsidiaries
  • Home Depot Ownership And Investors
  • Facts About Home Depot
  • Home Depot Reports And Financial Statements
  • Business Strategies Used By Home Depot
  • Revenue Strategies
  • The Main Competitors of Home Depot
  • Target Market & Marketing Strategies
  • Products & Services Offered By Home Depot
  • Home Depot Employee Relations
  • Home Depot Company Culture
  • The Reputation of Home Depot
  • Home Depot Company Complaints
  • Home Depot Failures
  • Inside The Success of Home Depot
  • Home Depot Articles And Stories of Interest
  • Books Related to Home Depot
  • The Latest About Home Depot
  • Latest Search Results Related To Home Depot
  • Latest News Related To Home Depot

Tweets Related To Home Depot

Videos Related To Home Depot

The History of Home Depot

A company’s history offers valuable lessons and it’s interesting to find out about a company’s original operations, how it has changed, and the challenges during the startup phase.

The Home Depot | History

Here’s what Home Depot looked like when it first opened in 1979 – Business Insider

History of The Home Depot, Inc. – FundingUniverse

Home Depot co-founder Ken Langone on the early days of the business

First Home Depot Opened | Today In Georgia History

Home Depot Founders

This section focuses on the people that started the company. You can gain insights into their goals, ideas, foresight, and how they started the company.

Have a look at the following resources included in this post related to the founders.

How Home Depot Was Started : Arthur Blank and Bernie Marcus’ Start Up Story

Bernard Marcus

Arthur Blank

Home Depot Executives

In the executive section, you’ll find information related to the management of a company. Management decisions play an important role in a company’s success. It’s not luck that makes a company successful, but planning, strategy, and leadership.

Below are resources related to the executives of Home Depot.

The Home Depot | Leadership

HOME DEPOT INC Executive Salaries & Other Compensation | Salary.com

The Home Depot CEO and Key Executive Team | Craft.co

The Home Depot Mission Statement

A mission statement helps a company stay on track and focus on its goals, culture, and ensures everyone is on the same page.

A mission statement is for company employees as well as the public. It’s usually a broad description of the company’s focus and activities.

A company’s mission statement is the company’s public face, and it is commonly used in marketing materials.

Below are the resources I have included related the mission statement for this Home Depot

The Home Depot Mission, Vision & Values | Comparably

Home Depot’s Vision Statement & Mission Statement – Panmore Institute

Home Depot Divisions And Subsidiaries

The division of a company is a part of a business entity. In other words, even if a division operates under a different name it’s still part of the entity.

A subsidiary is an entirely different company, usually owned by a larger company.

Have a look at the resources for Home Depot subsidiaries and Divisions.

Top 7 Companies Owned by Home Depot (HD)

The Home Depot – Acquisitions | Crunchbase

Home Depot Ownership And Investors

In this section, you’ll find resources related to ownership, investors, and shares. Below you’ll find the resources I have included for this post.

Home Depot Stock History: What You Need to Know | The Motley Fool

What Kind Of Shareholders Own The Home Depot, Inc. (NYSE:HD)? – Simply Wall St News

Do Institutions Own The Home Depot, Inc. (NYSE:HD) Shares? – Simply Wall St News

Home Depot, Inc. (The) Common Stock (HD) Institutional Holdings | Nasdaq

Investors Should Follow Home Depot’s Insiders Into The Company – The Home Depot, Inc. (NYSE:HD) | Seeking Alpha

Facts About Home Depot

In this section, you’ll find facts about the company. I like going through the facts because in a page or two you can learn a lot about the company and if you find something that’s really interesting you can dig deeper.

Have a look at the resources below included in this post related to Home Depot facts.

20 Fun Facts You Didn’t Know About Home Depot

14 DIY Facts About Home Depot | Mental Floss

8 mind-blowing facts about Home Depot’s business – Business Insider

The Alfano Group: 25 Interesting facts about Home Depot, the world’s biggest home repair store.

Home Depot Reports And Financial Statements

In this section, you can find out information such as the company’s profits, losses, net worth, liabilities, shares, owner’s equity, etc. available to the general public.

Have a look at the resources included below.

HD – Home Depot Inc Profile | Reuters

HD – Home Depot Inc Company Profile – CNNMoney.com

Annual Reports Recent | The Home Depot

Home Depot, Inc. (The) (HD) Income Statement

Business Strategies Used By Home Depot

In this section, can get a glimpse of the strategist used by the company. The strategy a company uses can be the difference between success, failure, a mediocre business, or a huge success story.

Below you’ll see the resources included related to business strategies used by Home Depot

A Closer Look At Home Depot’s Growth Strategy

Home Depot’s Innovative & Successful Multichannel Strategy

How Home Depot is driving people back into its stores – Digiday

Home Depot builds a sustainable strategy | Retail Leader

Revenue Strategies

This section focuses on the main revenue sources the company targets. For some companies it’s one main source for others it’s multiple sources of revenue.

Have a look at the resources to follow to give you an overview of the revenue strategies used by Home Depot.

How Home Depot Inc. Makes Most of Its Money | The Motley Fool

How Home Depot Makes Money? Understanding Home Depot Business Strategy – Revenues & Profits

Home Depot’s Profitability: The Unvarnished Truth

The Main Competitors of Home Depot

This section focuses on direct and indirect competition for Home Depot. Competition is good, it drives innovation. If it wasn’t for competition businesses wouldn’t have to try so hard for your business. Competition makes managers and company owners come up with better ideas for products and services while providing the best prices they can.

Below you can browse through the resources related to the main competition for Home Depot.

Top 14 Home Depot Competitors – Home depot competition

HD – Home Depot Inc Competitors – CNNMoney.com

Home Depot, Lowe’s, and Ace Hardware: Which store is best? – Business Insider

Target Market & Marketing Strategies

This section focuses on the target market and the marketing strategies used. Just as above targeting is an important process and without it your focus will be too broad and you won’t be able to zero in on the right marketing techniques.

The marketing strategy used by a company can make or break it. The right strategy can make millions while a poor marketing strategy can end up in bankruptcy.

Home Depot’s Target Market and Customer Base – Market Realist

Home Depot’s Target Market and Customer Base

Products & Services Offered By Home Depot

This section offer resources related to core products and services offered by Home Depot. Many large corporations have a large variety of products and services. Some companies are so large and complex that they stem from a variety of industries that operate on a global level, which is known as conglomerates.

Have a look at the resources below for products and services offered by Home Depot.

Home Depot Sitemap

Home Depot Employee Relations

In this section, you can find resources related to the employees of Home Depot such as job satisfaction, labor relations, the number of employees, etc.

Home Depot Employees Are Broke, Sick, and Disappointed

Home Depot Employees Get Every Bad Job Experience In One Place

How does Home Depot treat their employees? – Quora

Why You Should Work at The Home Depot | ToughNickel

Home Depot Company Culture

Here’s where you can gain an idea about the culture of the company. A Company’s culture includes the work environment, company values, expectations, ethics, and more.

See the resources included in this post for the culture of Home Depot

Home Depot’s Organizational Culture: An Analysis – Panmore Institute

How Home Depot Overcame a Difficult Cultural Shift: A Q&A With CFO Carol Tome – Greenleaf Center for Servant Leadership

Home Depot’s Blueprint for Culture Change

The Reputation of Home Depot

In the resources below, you’ll find information related to the reputation of Home Depot. You’ll get insights as to how Home Depot is viewed by the general public.

A companies reputation is important a bad reputation can result in huge losses and the loss of public trust. A company’s reputation is an asset to any company and it’s important to maintain it.

The Home Depot Reputation | Comparably

Home Depot Company Complaints

In this section, you can go through the resources to view the complaints, whether the complaints lead to a lawsuit or a viral rant, have a look at the complaints people have against Home Depot.

Home Depot Lawsuit | Information | Verdicts

Lawsuit claims Home Depot ‘surreptitiously’ collecting customers’ ‘faceprint’ – Atlanta Business Chronicle

$140 million suit against Atlanta’s Home Depot for bungled 401(k)

Home Depot Wage & Hour Class Action Website is Active | Top Class Actions

USA: Home Depot faces age discrimination class action lawsuit filed on behalf of its employees over 40 | Business & Human Rights Resource Centre

Home Depot Failures

Companies go through many phases, some are successful and some are miserable failures. Even though a company has failures, it’s a learning experience for management as well as other people.

Below are the resources I have included for this post related to Home Depot failures.

Why Home Depot failed in China

Why IKEA Took China By Storm, While Home Depot Failed Miserably – Business Insider

Home Depot knows when to call it quits | Fortune

Inside The Success of Home Depot

Success can be the result of a small idea that was executed extremely well at other times it may be the result of a long term vision.

It’s interesting to study the success of companies and how people have dealt with managing a company that started off small and grew into a huge success story.

Have a look at the resources I have included in this post related to the success of Home Depot.

Revealed: The 5 Keys to Home Depot’s Success | The Motley Fool

Why 2017 Was a Year to Remember for The Home Depot, Inc. | The Motley Fool

Home Depot (NYSE:HD) Exec Reveals One Secret Behind the Company’s Massive Success – TheStreet

The 5 Things Home Depot Needs To Do As It Marks 40 Years In Business

The Key To Home Depot’s Success Is Transformational Leadership | Insigniam

Home Depot Articles And Stories of Interest

In this section, you’ll find a mix of articles worth mentioning in this post related to Home Depot.

Have a look at what’s included for this post related to Home Depot.

Home Depot financier Ken Langone blasts Bernie Sanders – Business Insider

Kelly Barrett: Board’s crisis response role starts with assessing risks & setting up response plans – Atlanta Business Chronicle

Home Depot and Lowe’s Stock Have More Room to Run Up, Says Citigroup – Barron’s

Ace Hardware CEO on why his stores different from Home Depot, Lowe’s – Business Insider

Guggenheim downgrades Home Depot on concerns about margin expansion

True Stories of Miserable Home Depot Employees

13 Crazy Things Home Depot Employees Have Seen | Family Handyman

Home Depot employees share 10 insider facts many shoppers don’t know – Business Insider

Books Related to Home Depot

Some companies are a huge success story or a miserable failure, with many lessons to learn. Have a look at books people have written for a complete overview.

Have a look at the links below to view the books available related to Home Depot

Books From Amazon Related To Home Depot

Google Book Search Related To Home Depot

The Latest About Home Depot

In this section, you’ll be able to stay up to date on the latest information related to Home Depot including the latest news, Google searches, videos, what people are tweeting, and more.

I recommend spending some time on the news, tweets, that can offer up-to-the-minute information about Home Depot.

Google Searches

Latest Search Results Related To Home Depot

Latest Scholar Search Results Related To Home Depot

Latest Image Search Results Related to Home Depot

News

Latest News Related To Home Depot

Twitter

Tweets Related To Home Depot

YouTube

Videos Related To Home Depot