Atlanta, Georgia, United States--The Home Depot, Inc., also known as Home Depot (NYSE:HD), an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals, has 490,600 employees and more than $151 billion in revenue, thus setting the world record for being the World's Largest Home Improvement Retailer, according to the WORLD RECORD ACADEMY.
"The Home Depot, Inc., often simply referred to as Home Depot, is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States. In 2021, the company had 490,600 employees and more than $151 billion in revenue. The company is headquartered in incorporated Cobb County, Georgia, with an Atlanta mailing address.
"It operates many big-box format stores across the United States (including the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands); all 10 provinces of Canada; and all 32 Mexican states and Mexico City. MRO company Interline Brands (now The Home Depot Pro) is also owned by The Home Depot, with 70 distribution centers across the United States. It has been involved in several controversies, primarily involving the security and safety of its consumers.
"Home Depot stores average 105,000 ft2 (9,755 m2) in size and are organized warehouse-style, stocking a large range of supplies. Home Depot's two largest stores are located in Vauxhall, New Jersey, which encompasses 217,000 ft2 of space, and in Anaheim Hills, California, where it encompasses 204,000 ft2. The company color is a bright orange (PMS 165, CMYK 60M100Y, HEX FF6600), on signs, equipment and employee aprons." (Wikipedia)
"The Home Depot organization is divided into several divisions and functional groups based on a matrix structure. In the United States, there are several subdivisions, including geographic divisions and sub-divisions," the Hecht Group says.
"Interline Brands (now known as The Home Depot Pro) is a MRO company, with 70 distribution centers in the United States…[The Home Depot also owns] The Atlanta headquarters of Home Depot generated $23.04 billion in revenue (2021) and $16.43 billion in net income (2021)18 more rows in 2021.
"The Home Depot has over 90 distribution centers across the country where it sells more than 2,000 products to over 2,000 stores."
"Today, The Home Depot is the world's largest home improvement retailer with approximately 475,000 orange-blooded associates and more than 2,300 stores in the U.S., Canada and Mexico. The typical store today averages 105,000 square feet of indoor retail space, interconnected with an e-commerce business that offers more than one million products for the DIY customer, professional contractors, and the industry's largest installation business for the Do-It-For-Me customer," the official website says.
"Our founders' vision of one-stop shopping for the do-it-yourselfer came to fruition when they opened the first two Home Depot stores on June 22, 1979, in Atlanta, Georgia. The first stores, at around 60,000 square feet each, were cavernous warehouses that dwarfed the competition and stocked 25,000 products, much more than the average hardware store at that time.
"When The Home Depot was founded in 1978, Bernie Marcus and Arthur Blank had no idea how revolutionary this new “hardware store” would be for home improvement and the retail industry. Today, we’re proud to be the world’s largest home improvement retailer. In more than 2,300 stores across North America, we aspire to excel in service – to our customers, associates, communities and shareholders. That’s what leadership means to us. That's The Home Depot difference."
"The Home Depot is the world's largest home improvement specialty retailer. At the end of the second quarter, the Company operated a total of 2,298 Home Depot retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2020," the Forbes Magazine says.
"The Home Depot had sales of $132.1 billion and earnings of $12.9 billion. The Company employs approximately 500,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index."
"Leo is a domesticated shop cat who’s made a home out of Home Depot in Burlington, New Jersey. He’s become quite the star on TikTok where a man called Jeff tells viewers all about how he’d been adopted to live in the Home Depot store permanently.
"It’s now been revealed that Leo has been named employee of the year at the store as he constantly entertains customers with his presence while also hunting mice and birds that find their way into the store," the Dexerto.com says.
"Leo can typically be spotted wandering the store and holing up in some of his favorite spots across the show floor. These spots include the top shelves, on top of a worker’s drawer between aisles, and even amongst the succulents in the plant section. He also loves getting attention from shoppers."
"The Home Depot was founded on 6th February 1978 by co-founders Bernard Marcus, Arthur Blank, Ron Brill, Pat Farrah, and Ken Langone. In the 44 years since its inception, the company has grown to operate big box-format stores across the United States of America including the District of Columbia, Guam, Puerto Rico, and the US Virgin Islands, 10 provinces of Canada, 32 states of Mexico and the City of Mexico. Home Depot also owns the MRO company Interline Brands which boasts 70 distribution centers across the US. By the year 2021, Home Depot boasted 490,600 employees and a revenue of more than USD 151 billion," the Startuop Talky says.
"The Home Depot was built with the idea of home-improvement superstores that were larger than any of their competitors. The first two stores of The Home Depot opened on 22nd June 1979 in metro Atlanta followed by stores opening in Hollywood and Fort Lauderdale in 1981. Three months later, by September of the same year, it got listed on NASDAQ and was able to raise USD 4.093 million.
"Internationally, The Home Depot has expanded its footprint to Canada with 22 stores and Mexico with 126 stores. Its brief foray into South America in 1993 only lasted for one year when its only store in Peru shut down due to low sales and weak promotion. Its entry into China in 2006 through the acquisition of the Chinese home improvement retailer The Home Way, was also not highly successful and by September 2012, it shut all of its stores within the country."
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