Strategic Analysis of Home Depot Essay Example.
Home Depot Questions for Case Discussion 1. Look at page 16 of the case (Selected Financial Data). Note that fiscal 1985 ends on February 2, 1986 (there is a typo on this page; the far left numbers column should be February 2, 1986 instead of February 2, 1985).
Based on net sales for the fiscal year ended January 2007, the Home Depot (NYSE: HD, NAICS: 444110) is considered the largest home improvement retailer in the world and the second largest retailer in the US 1, 8, 9 10.In 2006, the company expanded its presence in China with the acquisition of The Home Way, a Chinese home improvement retailer 9.Home Depot got a head start in global home.
Home Depot was also present in China, which entered that market in 2006, until September 2012 when it decided to close all of its seven stores because of no profitability (Home Depot, Inc., 2013). Today, Home Depot carries approximately 30,000 to 40,000 different products in its stores, and it offers over 600,000 products on its website (Home Depot, Inc., 2013).
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Essay on Strategic Analysis of Home Depot. Strategic Analysis of Home Depot GM599 A Strategic Analysis of Home Depot Introduction The Home Depot (NYSE: HD) is a home improvement, construction products and services retailer operating over 2,000 big-box stores in the United States and abroad.
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Home Depot has made many changes due to the recession. They have slowed down their expansion, closed the EXPO stores, cut spending and suspended their stock buy-back program (Ferrell et al., 2009). While only time will tell if this was the best move, as the number one home improvement store in the country, it is a wise move.