The Home Depot - item that is not in-store, The Home Depot...

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THE HOME DEPOT, INC. COMPANY PROFILE The Home Depot was founded in 1978 by Bernie Marcus, Arthur Blank, Pat Farrah, and Ron Brill. It has become the world’s largest home improvement corporation and the fourth largest company in the United States. The original idea for the company was to build home- improvement warehouses larger than any other in existence. Selling billions of dollars worth of merchandise each year, The Home Depot has over 2,000 stores in the United States, China, Canada, and Mexico. Each Home Depot, on average, stores 40,000 different kinds of appliances, home improvement goods, lawn and garden items, and building materials. If a customer seeks an
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Unformatted text preview: item that is not in-store, The Home Depot has a product base of 250,000 items that can be ordered at any time should demand arise. In recent years, The Home Depot has been forced to institute layoffs of thousands of their employees nationwide. These layoffs resulted from a decrease in demand for home improvement goods brought on by a steady decrease in the housing market. For the same reasons, The Home Depot closed over 50 store locations in the past two years alone. Net annual revenue for the corporation is down $20 billion from recent years....
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This note was uploaded on 10/05/2011 for the course ECON 101 taught by Professor Brown during the Spring '10 term at Georgia Perimeter.

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