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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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The Home DepotHistory
• 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• 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.
• Taking care of associatesGiving back to the communityDoing the right thingExcellent customer careCreating shareholder valueBuilding strong relationshipsRespect for all people
Values
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)
• Revenue $19.5 billion, up 7.4% from (Q312)• Earnings $1.4 billion, compared to $947
million in (Q312)
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• 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 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
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• Many legal proceedings
– South Coast Air Quality Management
– Unfair business practices and false advertisement