Home Depot Background InformationThe Home Depot, founded in 1978 by Bernie Marcus and Arthur Blank, is a large home improvement retailer that provides tools, construction products, and services. The company is headquartered in Atlanta, Georgia, with over 2,200 stores across North America. It caters to both do-it-yourself (DIY) customers and professional contractors.
In the past few years, Home Depot has made significant strides in digital transformation and sustainability initiatives. The company has enhanced its online shopping experience, integrating digital and physical retail with features like product locators, project calculators, image search, and the ability to see real-time inventory. The retailer's mobile application has become a crucial tool, providing customers with digital aids to assist in shopping. Home Depot has also improved its delivery and curbside pickup services, crucial for supporting increased online sales during the COVID-19 pandemic.
Through a combination of maintaining its core competencies and adapting to new trends and challenges, Home Depot has remained a major player in the home improvement industry. The company continues to serve millions of customers and employs hundreds of thousands of people.
