The Home Depot, Inc. history, company profile (overview) and history video
The Home Depot, Inc. is a home improvement retailer that supplies tools, building materials, and home improvement products. It is headquartered in Atlanta, Georgia, United States.
HISTORY
The company’s origins date back to 1978 when Bernie Marcus and Arthur Blank founded The Home Depot, Inc., after being fired from Handy Dan Home Improvement Centers.
In 1979, they opened the first two Home Depot stores in Atlanta with help from investment banker Ken Langone and merchandising guru Pat Farrah.
In 1994, Aikenhead’s stores were acquired to create the Canadian division.
In 2000, the e-commerce site was established.
In 2001, the company expanded into Mexico with the acquisition of Total Home.
In 2015, The Home Depot acquired Interline Brands. Interline Brands was rebranded as The Home Depot Pro in 2018.
In 2017, the company acquired Compact Power Equipment, Inc. and The Company Store.
OPERATIONS
The company operates The Home Depot stores, which operate like warehouse-style stores that provide a wide range of home appliances, tools, hardware, builders hardware, lumber, construction materials, paint, plumbing, flooring, home improvement products, and lawn and garden products.
The Home Depot Pro, one of the company’s subsidiaries, is considered one of the largest wholesale distributors and direct marketers of maintenance, repair and operations products for non-industrial businesses in the U.S.
With over 430,000 employees and more than 2,300 stores in the U.S., Canada and Mexico, The Home Depot, Inc. is considered one of the largest home improvement retailers in the United States. According to Forbes, it is considered one of the Largest Public Companies in the World and one of the World’s Most Valuable Brands.
*Information from Forbes.com, Wikipedia.org and www.homedepot.com.
**Video published on YouTube by “Graham Bensinger“.
***Video published on YouTube by “CompaniesHistory.com“.