Home Depot: A Comprehensive Company Analysis

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Introduction Home Depot is the world’s largest home improvement retailer that sell an assortment of building materials, home improvement products, and lawn and garden products, as well as provide installation and home maintenance service to customers. It was founded in 1978 by Bernie Marcus and Arthur Blank. Along with investment banker Ken Langone and merchandising guru Pat Farrah, the founders’ vision is to open a one-stop shopping stores for the do-it-yourselfer. The first two Home Depot stores was opened on June 22, 1979, in Atlanta, Georgia. Rather than one short mission statement, Home Depot has eight corporate values that are designed to guide the actions of its employees at all levels, listed as follows: 1. Taking care of our people …show more content…

The company provides a broad range of products and value-add services to around 500,000 customers with specialty construction sectors, repair and operations, infrastructure and power and leadership positions in maintenance. Due to the rapid expansion of Home Depot Supply, the retail Home Depot has suffered losses because its focus only on the supply division. Although Home Depot Supply business is budding but their returns are definitely lower than the Home Depot retail and cause a significant problem to Home Depot. Declining customer …show more content…

With consumers demand for 24/7 operations, a scalable, robust storage infrastructure is needed. This is not an easy task, especially considering that the Depot's latest "home improvement" project involves a nationwide storage installation to support nearly 1,400 stores. Home Depot needs a more reliable storage infrastructure to support its expansion and success. Without this, Home Depot is unable to centralize all their systems and will create havoc in the company. For instance, Home Depot unable to have resources to be placed to accommodate retailer’s capacity growth due to ever-increasing volumes of information, incapable of providing sales and inventory information to be available at any time. Therefore this will affect the growth of Home Depot in the future and currently, they could not do anything to

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