Preview

Home Depot Swot Analysis

Satisfactory Essays
Open Document
Open Document
340 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Home Depot Swot Analysis
Conclusion

Home Depot is a worldwide organization that focuses in the home improvement market, as well as provides product development for the construction industries. This strategically operated organization reflects the commitment from federal and provincial legislations in order to “take care of our people.” Home Depot pledges to create a safe work environment, and to treat everyone fairly. Home Depot is committed to customer service, and building strong relationships with costumers, venders, and associates.
Home Depot’s strategic goal is to expand into new markets, further develop existing markets, and explore opportunities around the world. Over the past four decades Home Depot has grown a great deal and currently has a market share


You May Also Find These Documents Helpful

  • Powerful Essays

    Home Depot will direct their efforts towards both national and regional markets. They must first cater their products and services to do-it-yourself customers and home improvement professionals. Second, the nature of the merchandise and services should satisfy the needs of the customers through good customer service, an effective store design and display, convenient locations, merchandise management, and a low-cost pricing approach. Lastly, in order for…

    • 7835 Words
    • 21 Pages
    Powerful Essays
  • Good Essays

    Home Depot Research Paper

    • 874 Words
    • 4 Pages

    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.…

    • 874 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Offering the largest selection of home products, Home Depot can cater to three distinct target audiences, do-it-yourselfers, do-it-for-me consumers and professional customers.…

    • 501 Words
    • 3 Pages
    Powerful Essays
  • Satisfactory Essays

    Home depot is the largest center retailer in the U.S and operating 478 warehouse stores. It is located in 19 states around the west coast, southern western, and northeastern region. The company makes sure that all the stores were large enough to stock at least 25,000 different items. Their competitors normally stock up 10,000 items. California and Florida are the two states that have the most home depot outlets and are clustered around urban areas. Home depot incorporated in 1978 and first opened in Atlanta, Georgia. The majority of home depot’s employees work full-time and 10% of home depot’s sale personnel work part-time. Home depot faced some problems such as hiring unskilled workers, low-paid employees and poor services at the operation…

    • 146 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Home Depot Research Paper

    • 2133 Words
    • 9 Pages

    There are many different exclusive brands that Home Depot carries such as Ryobi, Workforce, Thomasville cabinetry, Ralph Lauren paint, Hampton Bay lighting and ceiling fans, and Glacier Bay faucets. These are just to name a few but these brands are very popular within the home rebuilding industry and are in stock throughout the thousands of Home Depots around the world. There are many services that Home Depot offers to its customers, employees as well as the community. First of all Home Depot has many knowledgeable employees willing to work with customers to show them how to do a certain project. Home Depot also has demo areas around the store in which customers can try out products they are planning on purchasing. For example if a customer is interested in a certain brand of floor buffers or polishers, Home Depot can help them with their decisions. If the customer has no experience operating a floor buffer, they can learn and operate one right there in the store instead of damaging a newly purchased one at home. Customers really appreciate this and feel that Home Depot truly cares about helping them. By allowing employees and customers to create these friendships and relationships, it keeps customers coming back, and makes employees feel appreciated. Home Depot is a great supporter of the community and is continually trying to help the community with various sponsorships. Recently, as of 1991 Home…

    • 2133 Words
    • 9 Pages
    Good Essays
  • Powerful Essays

    Home Depot vs Lowes

    • 7007 Words
    • 29 Pages

    Home Depot became the fastest growing retailer in U.S. history. In 1981, the company went public on NASDAQ and moved to the New York Stock Exchange in 1984. The 1980’s and 1990’s showed tremendous growth for the company, and in 1989 they celebrated the 100th store opening. Since this time, Home Depot has expanded its operations to include stores in Canada, Mexico, and as recently as 2006, expanding to China. As of January 30, 2011 the end of the 2010 fiscal year, Home Depot has grown to operate over 2,200 stores in the United States. The company has maintained its primary objective of providing high quality customer service to its consumers, and is recognized as the largest home improvement retailer in the United States.…

    • 7007 Words
    • 29 Pages
    Powerful Essays
  • Good Essays

    Home Depot has identified four areas of focus in its responsibility toward the community including affordable housing, at-risk youth, the environment and disaster preparedness, response and relief.…

    • 1603 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    Home Depot (HD) is the largest home improvement retailer in the world. It’s the pioneer in home improvement retailing. The company is also the fourth-largest retailer overall in the US. HD sells products at its 2,269 stores in the US,1 Canada, and Mexico, and via its websites. Home Depot was incorporated in 1978 by co-founders Bernie Marcus and Arthur Blank. The company went public in 1981. (Exhibit * – Stock performance).…

    • 71 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Home depot and Lowe’s are merchandising companies which operate in the same market including initiatives aimed at bettering customer service, attracting professional customers and creating a more favorable merchandise mix.…

    • 749 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Home Depot continues to do things on a grand scale, including putting its corporate muscle behind a tightly focused social responsibility agenda. Every week 22 million customers visit Home Depot, and that means some conflict associated with providing services in a retail environment will occur.…

    • 1049 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Empirical evidence suggests that retailers must adapt to new product style trends in order to satisfy consumers and other key stakeholders (Ryan, 2011). In respect to Harvey Norman (HVN), failure to adapt will entail lower consumer demand, hindering growth and profitability.…

    • 971 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Walmart Swot Analysis

    • 519 Words
    • 3 Pages

    Wal-Mart must decide on how to improve management of its enormous company and continue its domestic and international growth. In addition, Wal-Mart must address ancillary issues such as development of store format, technology deployment, human capital, and internationalization in order to have further short and long-term success.…

    • 519 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    SWOT analysis H&M

    • 595 Words
    • 3 Pages

    - affordability, it’s important for people to get something with quality for a good price…

    • 595 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Body Shop Swot Analysis

    • 431 Words
    • 2 Pages

    Lösung Fallstudie Fall Body Shop Frage 1 – PIMS Schlüsselfaktoren Investitionsintensität Die Firma Body Shop hat eine sehr hohe Investitionsintensität da die erzielten Gewinne jeweils wieder in diverse gemeinnützige Projekte, Kampagnen, Förderungsprogramme, Umwelt- und Tierschutzprojekte. Die Forschungs- und Entwicklungskosten können durch den Einsatz von Naturprodukten möglichst gering gehalten werden. Body Shop verwendet nur altbewährte Inhaltsstoffe welche sich bereits als unbedenklich erwiesen haben. Produktivität Noch offen Relativer Marktanteil Body Shop ist Marktführer im Nischenmarkt für natürlich hergestellte Kosmetika. Im Markt der Kosmetikprodukte erreicht Body Shop nur einen kleinen Marktanteil. Marktwachstumsrate Der Markt der natürlichen Kosmetika hat ein gesundes Wachstum. Dies begründet auf steigendem Umweltbewusstsein in allen Schichten. Relative Qualität Body Shop legt grossen Wert auf die Qualität der Produkte sowie deren Herstellungsprozess. Dies ist auch ein Grund für die höheren Preise der Produkte. Innovationsrate Der grosse Anteil des Umsatzes wird durch die Kernprodukte erzielt. Trotzdem entwickelt Body Shop immer wieder neue Produkte mit natürlichen Inhaltsstoffen. Vertikale Integration Hohe Vertikale Integration da das Produkt bis hin zum Produzenten in der Unternehmung Body Shop integriert ist. Als Beispiel kann die Shea Butter Produktion in Ghana betrachtet werden. Kundenprofil Grosse Kundenzahl. Body Shop vertreibt über ein Franchise System direkt an den Endkunden. Frage 2 – Nachfrage- und Lebenszyklus der Kernprodukte Frage 3 – Chancen Gefahren für Body Shop Hauptchancen Umweltbewusstsein der Gesellschaft Verwendung von unbedenklichen Inhaltsstoffen Hauptgefahren Hochpreisiges Produktsegment Produktion in politisch, wirtschaftlich und klimatisch instabilen Ländern Begründung Medienberichtung. Trend. Zukunftsorientierter. An zukünftige Generationen denken. Mögliche zukünftige Gesetzliche Richtlinien für die…

    • 431 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    H&M SWOT Analysis

    • 3898 Words
    • 112 Pages

    H&M is a Swedish company founded in 1947. It is a family owned company controlled by Stefan Persson and family. H&M act in the fashion industry and are one of the really big global players with 2078 stores in more than 30 countries. In 2009 they launched H&M Home which sells interior textiles through internet. Recently H&M have launched several new store concepts. Other than the H&M stores there are now also Weekday, Monki, COS and Cheap Monday stores. H&M’s new concept stores and their success will probably play a greater role in the future if H&M wish to continue their fantastic growth figures. There are also uncertainties of H&M’s future since they are in the middle of a shift of expansion focus from the European and North American markets to China, Japan and Russia. H&M’s first years on these new markets seem to have been good and these markets will grow ever more important in the future. Another very important aspect for H&M is the future direction the global economy will take. Since H&M is based in Sweden but they do a lot of their trading in foreign currency the exchange rates has a very big impact on the profit. The economic development in China and other markets where H&M has a lot of their fabrication will also have an impact on the future profit margins. All in all H&M have been and still are a great achieving company but the future poses great new challenges that H&M has to conquer in order to live up to their great history. H&M’s environment and business…

    • 3898 Words
    • 112 Pages
    Better Essays