World's largest home-improvement
2455 Paces Ferry Road N.W.
Atlanta, GA 30339
CEO: Craig Menear
Stock Symbol: HD
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 beginning of 2016, the company operated 2,275 stores including 1,977 stores in the U.S. and the territories of Puerto Rico, U.S Virgin Islands, Guam, 182 stores in Canada, and 116 stores in Mexico.
In fiscal 2015, Home Depot reported sales of $88.5 billion, a 6.4% increase, and net income of $7.0 billion. The company reported 1.5 billion total customer transactions in 2015, up 4.1% with an average ticket per sale of $58.77, a 1.6% increase.
The company said it would hire 80,000 seasonal employees for spring 2016, which is typically the busiest time of year at stores.
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.
Home Depot offers benefits for both full-time
and part-time workers as follows:
Full-Time Hourly and Salaried Associates
- Health Savings Account
- Spending Accounts
- Disability Insurance
- Life Insurance
- Accidental Death and Dismemberment (AD&D) Insurance
- Short-Term Disability Insurance
- Life Insurance
- FutureBuilder 401(k)
- Employee Stock Purchase Plan (ESPP)
- Direct Deposit and Credit Union
- Personal/Sick Days
- Leave of Absence (including Military Leave)
- Jury Duty
- Bereavement Days
- 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
- 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
Updated June 5, 2016