Are you looking for a home improvement retailer with locations across the US? Look no further than Home Depot! Even as the world’s largest home improvements retailer, there’s a lot that people don’t know about this giant.
If you’ve been curious about what Home Depot is and how it compares to similar stores, look no further! I’ve researched and gathered all the information I think you should know about Home Depot. Read below to find out more!
What Is Home Depot In [currentyear]?
Home Depot is a US-based home improvements retailer as of [currentyear]. Opening its first two stores in Atlanta, Georgia, in 1979, Home Depot is now the world’s largest home improvements retailer. That said, the retailer operates around 2,300 locations across the US, Canada, and Mexico. Also, Home Depot has over two million products available on its website.
Now you know that Home Depot is a large US-based home improvements retailer, keep reading to find out what Home Depot sells, who owns Home Depot, and how many products Home Depot stocks.
What Is Home Depot Known For?
Home Depot is well-known for its bright orange uniforms and an extensive collection of home improvements goods.
That said, with around 2,300 stores across the US, Canada, and Mexico, Home Depot is a DIY-ers paradise.
Also, Home Depot is known for its vast, warehouse-style stores and its catalog of bulk items, as well as its impressive home improvements range that make DIY easier for thousands.
What Kind Of Business Is Home Depot?
Home Depot is a home improvements retailer that offers customers a range of home improvements items and other products.
Also, it provides in-house services, like delivery and installation services.
Does Walmart Own Home Depot?
No, Walmart does not own Home Depot. With that, Walmart has never had any kind of ownership over Home Depot nor any involvement in its operations.
How Many Products Does Home Depot Have?
Home Depot stores stock around 36,000 products in its stores, and the retailer carries around two million products online at homedepot.com.
How Many Suppliers Does Home Depot Have?
Home Depot currently has between 10,000 and 20,000 suppliers who supply the more than two million products the retailer offers across its website and nearly 2,300 physical locations.
What Is Home Depot’s Revenue?
Home Depot’s annual revenue for 2020 was $110.225 billion, a 1.87% increase from 2019.
Also, the retailer reported revenue of $41.118 billion for the quarter ending July 2021, marking an 8.05% increase over the same quarter in 2020.
Is Home Depot A Good Company?
From a number of anecdotal employee accounts, Home Depot appears a good company to work for.
In addition to a pleasant work experience, Home Depot offers its employees several perks and benefits.
Additionally, Home Depot has a grasp on social and environmental responsibility, detailing this in its responsibility report in 2020.
Is Home Depot An American Company?
Yes, Home Depot is a US-based home improvements retailer. Further, it first opened its doors in Atlanta, Georgia, and has expanded across the US, Canada, and Mexico.
On top of that, Home Depot is headquartered in Atlanta, Georgia.
How Many Stores Does Home Depot Have?
Currently, Home Depot operates around 2,300 stores across the US, Canada, and Mexico.
What Services Does Home Depot Provide?
Home Depot offers a huge variety of services, and its retail services include:
- Installation services (appliance installation, heating, and plumbing appliance installation, and light installation)
- Lighting repair
- Kitchen design and remodeling
- Flooring installation (carpets, laminate, and tiling)
- Delivery and haul-away
- Resurfacing
- Deck repair
- Outdoor cleaning
Where Do Home Depot Products Come From?
Though Home Depot sources from North America, it imports goods from around 40 other countries.
So, though once major importers of Chinese goods, Home Depot has since moved manufacturers out of China to avoid high tariffs.
Who Owns Home Depot?
Home Depot is a publicly-traded company, with the Vanguard Group owning the most shares (at 8.8%). As such, no one person actually owns Home Depot.
Also, Arthur Blank and Bernie Marcus founded home Depot after being fired from Handy Dan Home Improvement in 1978.
Who Are Home Depot’s Target Customers?
Home Depot’s target customer base is split into amateur DIY-ers and home improvement professionals.
That said, the DIY-ers are generally homeowners looking to complete jobs in their own house (mostly of boomers).
Also, Home Depot caters more towards males.
Additionally, the professionals who shop at Home Depot are generally in the home improvements business, holding professions such as electricians, painters, builders, and contractors.
Is There A Home Depot In Canada?
Yes, there are currently 182 Home Depot stores in Canada and a dedicated online store for purchases within Canada.
Initially, the Home Depot opened in Canada in 1994. Now, the stores cover ten Canadian provinces, and it’s the second-biggest home improvements retailer in the country.
To learn more about Home Depot, you can also read our related posts on the biggest Home Depot competitors, Home Depot statistics, and the Home Depot slogan.
Conclusion
Home Depot is a US-based home improvements retailer with around 2,300 stores across three countries, the US, Canada, and Mexico, as of 2021.
That said, Home Depot stocks a wide variety of home improvements products and appliances, furniture, and other do-it-yourself goods.
Additionally, Home Depot offers a range of services, including appliance and flooring installation, delivery, and haul-away services.
Further, Home Depot imports lots of its products from other countries and stocks around 36,000 products in its physical stores and two million products on its website.
Finally, Home Depot’s customer base includes both DIY-ers and professionals and primarily consists of males.
