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The Home Depot : ウィキペディア英語版
The Home Depot

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The Home Depot (referred to in some countries and often in colloquial speech simply as Home Depot) is an American retailer of home improvement and construction products and services.
It operates many big-box format stores across the United States (including all 50 U.S. states, the District of Columbia, Puerto Rico, the United States Virgin Islands and Guam), all ten provinces of Canada, as well as Mexico. The company is headquartered at the Atlanta Store Support Center in Cobb County, Georgia, in Greater Atlanta.〔(【引用サイトリンク】title=Vinings CDP, Georgia )
In terms of overall revenue reported to the U.S. Securities and Exchange Commission, the company is the largest home improvement retailer in the United States, ahead of rival Lowe's. The store operates out of large warehouse-style buildings averaging 105,000 ft2 (9,755 m2) with megastores operating in larger facilities (the company's largest store, located in Union, New Jersey is 225,000 ft2).
==History==

The Home Depot was founded in 1978 by Bernard Marcus, Arthur Blank, and Pat Farrah.〔(【引用サイトリンク】publisher=Home Depot Corporate website: Our History )〕 The Home Depot's proposition was to build home-improvement superstores, larger than any of their competitors' facilities. Investment banker Ken Langone helped Marcus and Blank to secure the necessary capital.
In 1979, the first two stores, built in spaces leased from J. C. Penney that were originally Treasure Island "hypermarket" (discount department and grocery) stores, opened in metro Atlanta (in Doraville and on Memorial Drive in Decatur, both near I-285)〔(【引用サイトリンク】title=Home Depot History )〕 on June 21. Two more opened not long after, and all four shared the space under the "squiggly" zig-zag roof with Zayre on its right side. It became a publicly traded company on April 19, 1984.〔(【引用サイトリンク】url=http://ir.homedepot.com/phoenix.zhtml?c=63646&p=irol-faq )〕 The first headquarters was on Terrell Mill Road on the southeast side of Marietta, Georgia, just down from one of the stores at the corner of Cobb Parkway. (That store , in the Marietta Plaza strip mall, became Value City, changing to Burlington Coat Factory in 2008; part was also a short-lived Little Bucks, in which Brill had a stake.)
Since the 1990s, its headquarters () have been a complex of high-rise buildings on Paces Ferry Road, on the western edge of the Cumberland/Galleria edge city in unincorporated Cobb County, Georgia, across Interstate 285 from the town of Vinings, and served by mail from Atlanta. The tallest building is approximately high, the fourth-tallest in the Vinings area.〔(【引用サイトリンク】title=Home Depot Support Center, Vinings )〕 The three buildings are marked B, C, and D — the "missing" building A is actually store #121 on Cumberland Parkway, which the complex overlooks immediately across I-285.
In 2000, after the retirement of Marcus and Blank, Robert Nardelli was appointed chairman, president, and CEO.
Nardelli had pushed hard to make the company more efficient, instituting many metrics and centralizing operations, while cutting jobs, benefits, and associate pay to meet quarterly earnings targets. While this initially doubled earnings and reduced expenses, it alienated many of the store managers and rank-and-file store associates, and by extension the customers.〔(【引用サイトリンク】title=Why "Good Jobs" Are Good for Retailers )〕 Nardelli, who regarded home improvement store-by-store sales as less important due to market saturation from competition such as Lowe's, aimed to dominate the wholesale housing-supply business through building up HD Supply, a unit that Blake sold for $8.5 billion in August 2007 since it was not part of Home Depot's integrated business. In comparison to Nardelli, whose numbers-driven approach never appreciated the role of the store and its associates, Blake's strategy has revolved around reinvigorating the stores and its service culture (engaging employees, making products readily available and exciting to customers, improving the store environment, and dominating the professional contracting business, an area in which Home Depot's closest rivals trail far behind), as he recognized that employee morale is a more sensitive issue in retail compared to other industry sectors like manufacturing.
Its 2005 sales totaled US$91.8 billion (US$77.0 billion in retail sales). Despite the 10% increase in revenue, it dropped three spots to No. 17 on the 2007 FORTUNE magazine's FORTUNE 500 list (it was No. 13 in 2005 and No. 14 in 2006). The Home Depot owned EXPO Design Center, a chain of home decorating and appliance stores, but closed the chain in 2009.
In 2001, it acquired distributor Your Other Warehouse (YOW), which still operates as its own division. In 2006, the Home Depot acquired Hughes Supply which was assimilated into HD Supply serving contractors, which it sold in June 2007. In September 2005, Home Depot Direct launched its online home-furnishings store, 10 Crescent Lane, shortly followed by the launch of Paces Trading Company, its online lighting store. In mid 2006, the Home Depot acquired Home Decorators Collection, which was placed as an additional brand under its Home Depot Direct division. Home Depot Landscape Supply, with only a few stores each in metro Atlanta and Dallas/Fort Worth, was founded in 2002 and closed in late 2007.
On January 2, 2007, the Home Depot and Robert Nardelli mutually agreed on Nardelli's resignation as CEO after a six-year tenure. Nardelli resigned amid complaints over his heavy-handed management and whether his pay package of $123.7 million (excluding stock option grants) over the previous five years was excessive, considering the stock's poor performance versus its competitor Lowe's. His severance package of $210 million was criticized because when the stock went down his pay went up.〔〔(【引用サイトリンク】work=BusinessWeek )〕
His successor, Frank Blake, previously served as the company's vice chairman of the board and executive vice president. Blake agreed to a much more conservative compensation package than Nardelli, that is very heavily dependent upon the success of the company. Although a longtime deputy to Nardelli at GE and Home Depot, Blake was said to lack Nardelli's hard edge and instead preferred to make decisions by consensus. Indeed, Blake repudiated many of his predecessor's strategies, and it has been reported that the two men have not spoken since Nardelli departed Home Depot.
In 2007, the Home Depot sold its $13 billion revenue wholesale (trade) division, HD Supply, to a consortium of three private equity firms, The Carlyle Group, Bain Capital and Clayton, Dubilier and Rice (with each agreeing to buy a one-third stake in the division). Home Depot sold their wholesale construction supply business to fund a stock repurchase estimated at $40 billion.
In 2008 and 2009, with the downturn in the housing market, The Home Depot announced the layoff of several thousand associates, as well as the closing of 54 stores nationwide, including the entire EXPO Design Center chain. Associates at EXPO were allowed to re-apply for Home Depot jobs after the layoffs, and did not loose any tenure if hired back. In the year of February 2009, sales totaled $71.288 billion, more than $20 billion down from the peak of two years earlier due to the sale of HD Supply and falling revenue at the retained business. In 2012, they proceeded to close the big-box style stores that they had in China, however smaller stores that specialized in custom products and focused on more intimate interactions between customers and associates remain open there.
In August 2014 it was announced that Frank Blake would step down as CEO and would be replaced by 57-year-old Craig Menear. The change occurred on November 1, 2014. Blake would continue with the company as Chairman.
Menear joined The Home Depot in 1997, and served in various management and vice-presidential positions, until 2003, including Merchandising Vice President of Hardware, Merchandising Vice President of the Southwest Division, and Divisional Merchandise Manager of the Southwest Division. He subsequently served as Senior Vice President of Merchandising from August 2003 to April 2007. He then served as an Executive Vice President of Merchandising from April 2007 to February 2014. Until becoming CEO Menear served as President of U.S. Retail from February 2014 to November 1, 2014.
The company had a data breach in September 2014.〔(【引用サイトリンク】title=Connecticut, Illinois, California lead probe into Home Depot data breach )〕 One major reason for the data breach was the practice of entering credit card numbers directly into computers at the service-desk, pro-desk, and in specialty departments including flooring, kitchen cabinets, appliances, and millwork, rather than using POS credit card terminals directly. The practice was stopped and Home Depot offered a year of free credit monitoring through AllClearID for any customers who requested it. There were also reports of credit card numbers being stolen when used to make purchases on Homedepot.com.

On July 22, 2015 Home Depot acquired Interline Brands from P2 Capital Partners, Goldman Sachs' private equity arm, and the management of Interline Brands for $1.6 billion.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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