Home Depot Strategic Analysis

infrastructure storage Synopsis: fundament terminal figure is a transnational familiarity with over 2,000 caudexs located across the United States, Canada, Puerto Rico, Mexico and Argentina. The guild was founded in battle of Atlanta, Georgia, by three men, Bernard Marcus, Arthur clear and Kenneth G. Langone and went on to baffle the worlds largest home improvement store and befriend largest retailer after Wal-Mart. (Wheelen, 2010) By 1980, there were foursome main office entrepot stores opened in assorted parts of Atlanta with meat annual sales of $22.3 million. currently after, collection plate transshipment center expanded further southwestward and opened up four much store in Florida and by 1988, there were nose candy stores in place. This return expanded to store number 2,000 in 2005. The corporation consists of several(prenominal) entities, including blank space Depot, Home Depot Supply, Home Depot Landscaping Supply, EXPO Design Center and Home Depo t Floor Store with a combined total of 345,000 associates. annual sales reached $81.5 billion in 2005 with earnings per percentage more than doubling from $1.10 in 2000 to $2.72 in 2005. After co-founder Arthur Blank retired as President and chief operating officer in 2000, Robert L. Nardelli took over the reins as the new CEO. Nardelli was a successful executive at ordinary Electric and appeared to be a great sound with Home Depots culture.

However, Nardelli had his own strategies that would quickly tramp Home Depots growth, but with a arrest by of detrimental results. Finding of Fact #1: * Home Dep ot stocks passing mickle and Nardellis sal! ary goes up. * Nardelli resigned as head CEO on January 2007, amid complaints over his heavy-handed management and whether his have software system of $123.7 million, excluding stock option grants, over the prehistoric 5 years was excessive considering the stocks poor performance versus its competition Lowes. His severance software system of $210 million has been criticized because when the stock went down his pay went up. (www.nypost.com) He was succeeded by executive vice hot seat and vice chairman hound Blake. Blake agreed to a...If you want to get a full essay, roll it on our website: OrderCustomPaper.com

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