Why was The Home Depot built?
Sophia Koch
Updated on January 18, 2026
Tireless optimism. These are the traits of our customers. We built The Home Depot for them, to provide them with the products, services and knowledge they need to create the homes of their dreams. Bernie Marcus and Arthur Blank dreamed up The Home Depot from a coffee shop in Los Angeles in 1978.
When did it become The Home Depot?
The Home Depot
| The Home Depot corporate headquarters in Atlanta | |
|---|---|
| Founded | February 6, 1978 Marietta, Georgia, U.S. |
| Founders | Bernard Marcus Arthur Blank Ron Brill Pat Farrah Kenneth Langone |
| Headquarters | Atlanta Store Support Center; 2455 Paces Ferry Road NW; Atlanta, GA, 30339, U.S. |
| Number of locations | 2,312 (as of March 2021) |
Who is current CEO of Home Depot?
Craig Menear (Nov 1, 2014–)
The Home Depot/CEO
Craig Menear is chairman and CEO of The Home Depot, the world’s largest home improvement retailer with more than 2,200 stores and 400,000 associates.
What is the mission statement of the Home Depot?
What is The Home Depot’s mission statement? The Home Depot is in the home improvement business and our goal is to provide the highest level of service, the broadest selection of products and the most competitive prices. We are a values-driven company and our eight core values include the following: Is The Home Depot a publicly-traded company?
What makes the Home Depot a good company?
The Home Depot is in the home improvement business and our goal is to provide the highest level of service, the broadest selection of products and the most competitive prices. We are a values-driven company and our eight core values include the following: Is The Home Depot a publicly-traded company?
Who was the founder of the Home Depot?
When The Home Depot was founded in 1978, Bernie Marcus and Arthur Blank had no idea how revolutionary this new “hardware store” would be for home improvement and the retail industry. Today, we’re proud to be the world’s largest home improvement retailer.
Which is an example of a Home Depot strategy?
For example, Home Depot implements discount sales and special offers to get more customers from its current markets. Based on this intensive growth strategy, a strategic objective is to offer products at affordable prices. Home Depot’s cost leadership generic strategy supports this intensive growth strategy.
