The Humble Beginnings of Home Depot

Home Depot is known to be one of the largest retail chains in the world. Today, the brand carries over 36,000 products in its stores and offers 2 million more products online. Home Depot has opened more than 1500 stores pan America with over $50 billion in sales. In 2019, their sales were $110.2 billion.
This is the story of two young men Bernard Marcus and Arthur Blank who after getting fired from their jobs at a regional hardware store, founded the largest home improvement retailer in the United States, eventually becoming billionaires. They mapped out Home Depot on a napkin in their favourite coffee shop, a plan that would revolutionize the home improvement industry in America.
These two incredibly talented young men created a world for themselves that brought them wealth and gave them a humble family. Being billionaires they still did everything they could to serve their community and have always kept their customers and employees on an equal plane.
Today, Home Depot follows a competition-busting strategy that plays a huge role in the company's sales. It has a Low Price Guarantee strategy, an ongoing offer to beat any advertised price from a competitor on any product in the store. If the product is purchased online, the company will match the price of a competitor, including shipping. If an item is purchased in-store, the retailer will match the price of an identical, in-stock product, provided a customer presents an ad or photo of the competitor’s price.
This brand has donated more than $200 million to non-profit organizations, and its very own Framing Hope Program has donated more than $100 million worth of products to charitable causes.
Here's a story worth telling, one that will probably light up the hustler in you. So watch this video till the end to learn more!
Enjoyed the video? Go ahead and leave a comment below! 💬
⭑ Join our Patreon 👉 www.patreon.co...
⭑ Don't forget to hit the like button! 👍

[@charlesfields1015]

I would like to see a documentary about Bernie Marcus and Arthur blank career at Handy Dan home improvement in the 1970s before home Depot was founded

[@charlesfields1015]

If I was a CEO of a home improvement business in 1978 no matter what state I may be located in I would see My business as the beginning of the end when home Depot was on the minds of Bernie Marcus and Arthur blank so so scary

[@charlesfields1015]

My father told me as a kid but I didn't take him seriously he told me competion is very strong in the job and business world

[@Carimm60]

Sadly that is not the case with HD these days. New leadership has turned the work environment into the typical corporate state that benefits the leadership at the expense of the employees, this veries from region and store as the policies they set up are still in place but not enforced. We are also seeing the woke culture starting to take control.

[@pat13487]

Remarkable

[@behramkhan859]

Impressive

[@sophiabarbosa3522]

Home Depot spotter sponsor us Home Depot Home Depot. We like to watch videos we like to shop at your Home Depot shop that your Home Depot a lot of times sponsor no no no no we fix houses and we remodel houses and everything if you want us to fix your house let us know we