The Home Depot, Inc.

Summary

The Home Depot is a home improvement retailing company that combines our physical stores with an online presence to provide customers with innovative products at a great value. The company specializes in the fields of retail, home improvement, and customer service.

The Home Depot was founded in 1978 and headquartered in Atlanta, Georgia.

History

Bernie Marcus and Arthur Blank dreamed up The Home Depot from a coffee shop in Los Angeles in 1978. Avid DIYers, they envisioned a superstore that would offer a huge variety of merchandise at great prices and with a highly trained staff. Employees would not only be able to sell, but they would also be able to walk customers at every skill level through most any home repair or improvement.

With help from investment banker Ken Langone and merchandising guru Pat Farrah, Marcus and Blank opened the first two Home Depot stores in Atlanta the following year. The 60,000-square-foot warehouses dwarfed the competition with more items than any other hardware store. But the heart of Home Depot was the expertly trained floor associates who could teach customers how to handle a power tool, change a fill valve or lay tile. It wasn’t enough to sell or even tell — associates also had to be able to show. After The Home Depot went public in 1981, Marcus and Blank made a commitment to give back to the communities where their stores were located. Following through on that commitment, legions of Team Depot volunteers, backed by The Home Depot Foundation, work tirelessly on their own free time to help our nation’s veterans and communities across the country.

From those two stores in Atlanta, Home Depot has grown to more than 2,200 stores in three countries.

Vision

To create a company that would keep alive the values that were important to us. Values like respect among all people, excellent customer service and giving back to communities and society.

Mission

To provide the highest level of service, the broadest selection of products and the most competitive prices.

References

https://corporate.homedepot.com/about/history

https://www.comparably.com/companies/the-home-depot/mission

https://www.crunchbase.com/organization/the-home-depot-corporate

https://www.linkedin.com/company/the-home-depot

https://www.prnewswire.com/news-releases/the-home-depot-expands-at-home-learning-resources-for-kids-with-virtual-field-trips-301157559.html

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.