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Home Depot Newsletter

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The Home Depot (or simply Home Depot) (NYSE HD) is an American retailer of home improvement and construction products and services. The Home Depot operates 2,248 big-box format stores across the United States (including all 50 U.S. states, the District of Columbia, Puerto Rico, the Virgin Islands and Guam), Canada (all ten provinces), Mexico and China, with a 12-store chain. The Home Depot is headquartered at the Atlanta Store Support Center in Cobb County, Georgia, in Greater Atlanta. In terms of overall revenue reported to the U.S. Securities and Exchange Commission, The Home Depot is the largest home improvement retailer in the United States, ahead of rival Lowes, and the fourth largest general retailer. The store operates out of large warehouse style buildings averaging 105,000 ft (9,755 m ) with megastores operating in larger facilities (the companys largest store, located in Union, New Jersey is 225,000 ft ). The Home Depot was founded in 1978 by Bernie Marcus, Arthur Blank, Ron Brill, and Pat Farrah. The Home Depots proposition was to build home-improvement warehouses, larger than any of their competitors facilities. Investment banker Ken Langone helped Marcus and Blank to secure the necessary capital. Arthur Blank

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