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Jan 22 2020

Home depot products




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Home depot products-Find out what you don't know about home improvement retailing giant Home Depot's products, brands, strategies, customers, and stores.



Home Depot Fun Facts, History, Trivia: U.S. Home Improvement Retailing

As one of the Top Ten Largest Retail Chains in the World, the Home Depot retail chain is one of the original category killing big-box chains in the U.S. Because of its size alone, Home Depot is well-known in the countries where it operates – the U.S., Mexico, Canada, Puerto Rico, and the U.S. Virgin Islands. But as much as retail industry leaders, stockholders, analysts, consumers, employees, and students already know about Home Depot, there is even more little-known history, trivia and fun facts about Home Depot to learn.

Depot Product Mix Tricks

Proprietary Home Depot Brands

A significant part of Home Depot’s success can be attributed to its sales of proprietary-branded merchandise including Ryobi® tools, RIDGID® tools, LG® appliances, Toro® lawn equipment, and Cub Cadet® lawn equipment. Home Depot’s proprietary paint brand, BEHR® is reportedly the #1 consumer brand of paint, claiming to have more than 25% of the consumer paint market share in the U.S.

Home Depot’s Competition Busting Strategy

The Home Depot Low Price Guarantee is an ongoing offer to beat any advertised price from a competitor on any product, as long as the product is also in stock at a Home Depot store.

Size Matters

Home Depot’s Customer Care

  • The Home Depot founders created a Customer Bill of Rights which entitled them to “right assortment, quantities, and price, along with trained associates on the sales floor who want to take care of customers.”
  • Home Depot conducts free Kids Workshop clinics at its stores. More than one million children have built their first toolbox at these workshops.
  • The Home Depot Garden Club is the largest garden club in the world.

Gold Medal Employees

Since 1992, Home Depot has employed 570 Olympic hopefuls in its Olympic Job Opportunity Program. The program provided athletes with benefits and flexibility for training and competition. The program was discontinued in 2009.

Giving Away the Store

The Home Depot Foundation has donated more than $200 million to non-profit organizations, and the Framing Hope Program has donated more than $100 million worth of products to charitable causes.

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Home depot products




SOURCE: http://www.thebalancesmb.com/home-depot-facts-and-history-2892815


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