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The Home Depot History • Founded • First Stores Opened • The Vision • Values • Corporate and Financial Overview

The Home Depot History

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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. - PowerPoint PPT Presentation

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Page 1: The Home Depot History

The Home DepotHistory

• Founded • First Stores Opened• The Vision• Values• Corporate and Financial Overview

Page 2: The Home Depot History

Founded and incorporated in 1978

• Bernie Marcus and Arthur Blank

Page 3: The Home Depot History

First 2 stores open

• Atlanta Georgia, June 22, 1979

Page 4: The Home Depot History

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.

Page 5: The Home Depot History

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

Values

Page 6: The Home Depot History

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.

Page 7: The Home Depot History

Financial Results (Q3 2013)

• Revenue $19.5 billion, up 7.4% from (Q312)• Earnings $1.4 billion, compared to $947

million in (Q312)

Page 8: The Home Depot History

Global Presence• 85% of Home Depot’s stores are located in the

U.S.• 180 stores located in Canada• 100 stores in Mexico

Page 9: The Home Depot History

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.”

Page 10: The Home Depot History

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%

Page 11: The Home Depot History

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

Page 12: The Home Depot History

Issues• Many legal proceedings

– South Coast Air Quality Management

– Unfair business practices and false advertisement