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Home Depot

World's largest home-improvement retailer.

Headquarters: 2455 Paces Ferry Road N.W.
Atlanta, GA 30339
Employees: 321,000+
CEO: Frank Blake
Stock Symbol: HD

Website: http://www.homedepot.com

Company News

Career Site

Home Depot is the world's largest home-improvement retailer and second largest retailer in the U.S. Its bright orange stores are the epitome of "big-box stores" open in suburbs across the U.S.

The stores stock up to 40,000 different kinds of building materials and lawn and garden products. Services include free in-store clinics for honing home improvement skills as well as design and decorating consultation, truck and tool rental, and home delivery.

Home Depot stores cater to both do-it-yourselfers and professional customers who serve the home improvement construction and building maintenance market segments.

At the end of 2013, the company operated 2,263 stores in all 50 states including the Commonwealth of Puerto Rico and the territories of the U.S. Virgin Islands and Guam, Canada, and Mexico.

In fiscal 2013, Home Depot reported sales of $78.8 billion, a 5.4% increase, and net income of $5.38 billion. The company reported 1.39 billion total customer transactions in 2013, up 1.9% with an average ticket per sale of $56.78, a 3.4% increase.

The company said it would hire 80,000 seasonal employees for spring 2014, which is typically the busiest time of year at stores.

History

Bernie Marcus and Arthur Blank, forever changed the home improvement industry when they opened the first The Home Depot stores in Atlanta, Georgia on June 22, 1979. The original partnership was called "MB Associates."

The original stores stocked around 25,000 products and were attached to Treasure Island stores. Today, on average, The Home Depot offers 40,000 products and is approximately 106,000 square feet.

The company went public on Nasdaq in 1981 and moves to NYSE in 1984. Home Depot would pass the $1 billion mark in sales in 1986.

The company sold its wholesale business HD Supply for $8.8 billion to a group of private equity firms on August 2007.

Benefits

Home Depot offers benefits for both full-time and part-time workers as follows:

Full-Time Hourly and Salaried Associates
- Medical
- Health Savings Account
- Spending Accounts
- Dental
- Vision
- Disability Insurance
- Life Insurance
- Accidental Death and Dismemberment (AD&D) Insurance
Part-Time Associates
- Medical
- Dental
- Vision
- Short-Term Disability Insurance
- Life Insurance

Financial Benefits
- FutureBuilder 401(k)
- Employee Stock Purchase Plan (ESPP)
- Direct Deposit and Credit Union

Time-Off Benefits
- Vacation
- Holidays
- Personal/Sick Days
- Leave of Absence (including Military Leave)
- Jury Duty
- Bereavement Days

Work/Life Benefits
- Building Better Health
- Tuition Reimbursement
- Relocation Assistance
- Team Depot Volunteer Events
- Matching Gift Program
- CARE-Solutions for Life
- Adoption Assistance
- METDesk-special needs dependents assistance
- Delivering the Promise-beneficiary assistance program

Group Benefits
- Legal Services Plan
- Long-term care insurance
- Auto/homeowners insurance
- Veterinary pet insurance

There is no employee discount on store merchandise to workers but occasional coupons and discounts are offered.

Updated March 2, 2014