Home Depot Research Paper
The Home Depot
"You Can Do It. We Can Help."
History of The Home Depot As you can see the stock that we charted for this project was the Home Depot's stock. The Home Depot was founded by two men Bernie Marcus and Arthur Blank. Their original partnership was called MB associates and they officially incorporated on June 29, 1978. They did change their company name obviously to The Home Depot. They opened their first store on June 22, 1979 in Atlanta Georgia. They have been growing ever since then. By the year 1990 they had 145 stores and $3.8 billion in sales. As of today they have 2,045 stores, 355,000 associates, and $81.5 billion in sales. The Home Depot has come a long way in twenty eight years. They have never merged with any company's …show more content…
Nardelli The Home Depot has been the under the leadership of Robert Nardelli since 2000. Since Nardelli has been CEO The Home Depot has delivered superior sales and earnings by improving its core retail stores, extending the business and has expanded into new markets. He is changing store formats, creating more direct to consumer sales, offering installation services, and expanding into the global marketplace. Nardelli's has made the main goal of Home Depot to "improve everything that we touch". His goal by 2010 is to create 400 to 500 new stores. Since 2000 Nardelli has helped home depot increase their sales by nearly 80% and has added more than 35.5 billion in revenue. Under Nardelli's leadership the company has returned nearly 13 billion to shareholder in the form of stock purchases and dividends, thus earning the company a number one ranking on FORTUNE magazines list of most admired specialty retailers for the past two years. To continue the company's tradition of giving back to local communities, Nardelli has co-founded and co-chair's The Hands On Network Corporate Service Council, a national movement among corporations and non profit organizations to increase employee volunteerism. This group helped rebuild after hurricane …show more content…
In 1988, he left to GE and started working at Case Corporation, where he lead Case Corporation Equipments global business. In 1991, he returned to GE and became the president and CEO of GE power systems. He transformed GE power systems into a 20 billion dollar worldwide leader in the energy industry. Believe it or not Nardelli received his bachelor's degree in business from Western Illinois University and he earned a Master of Business Administration from the University of Louisville. Nardelli received the Distinguished Pennsylvanian Award from Gannon University in 1995 and the Distinguished Alumni Award from the College of Business and Technology at Western Illinois University in 1997 and
"You Can Do It. We Can Help."
History of The Home Depot As you can see the stock that we charted for this project was the Home Depot's stock. The Home Depot was founded by two men Bernie Marcus and Arthur Blank. Their original partnership was called MB associates and they officially incorporated on June 29, 1978. They did change their company name obviously to The Home Depot. They opened their first store on June 22, 1979 in Atlanta Georgia. They have been growing ever since then. By the year 1990 they had 145 stores and $3.8 billion in sales. As of today they have 2,045 stores, 355,000 associates, and $81.5 billion in sales. The Home Depot has come a long way in twenty eight years. They have never merged with any company's …show more content…
Nardelli The Home Depot has been the under the leadership of Robert Nardelli since 2000. Since Nardelli has been CEO The Home Depot has delivered superior sales and earnings by improving its core retail stores, extending the business and has expanded into new markets. He is changing store formats, creating more direct to consumer sales, offering installation services, and expanding into the global marketplace. Nardelli's has made the main goal of Home Depot to "improve everything that we touch". His goal by 2010 is to create 400 to 500 new stores. Since 2000 Nardelli has helped home depot increase their sales by nearly 80% and has added more than 35.5 billion in revenue. Under Nardelli's leadership the company has returned nearly 13 billion to shareholder in the form of stock purchases and dividends, thus earning the company a number one ranking on FORTUNE magazines list of most admired specialty retailers for the past two years. To continue the company's tradition of giving back to local communities, Nardelli has co-founded and co-chair's The Hands On Network Corporate Service Council, a national movement among corporations and non profit organizations to increase employee volunteerism. This group helped rebuild after hurricane …show more content…
In 1988, he left to GE and started working at Case Corporation, where he lead Case Corporation Equipments global business. In 1991, he returned to GE and became the president and CEO of GE power systems. He transformed GE power systems into a 20 billion dollar worldwide leader in the energy industry. Believe it or not Nardelli received his bachelor's degree in business from Western Illinois University and he earned a Master of Business Administration from the University of Louisville. Nardelli received the Distinguished Pennsylvanian Award from Gannon University in 1995 and the Distinguished Alumni Award from the College of Business and Technology at Western Illinois University in 1997 and