What is The Home Depot? The Home Depot Review

The Home Depot is the world's largest warehouse-style home improvement retailer. It was founded in 1978 and is the second largest retailer in the United States.

About The Home Depot

The Home Depot sells all kinds of building materials, household goods and lawn and garden products, and provides all kinds of related services. The Home Depot has more than 2,200 chain stores throughout the United States, Canada, Mexico and China. Each branch has a design center with professionally trained staff to provide free advice on home decoration, including computer-assisted kitchen and bathroom design.

honor

-In 2007, The Home Depot ranked 17th among the Fortune 500 companies in the United States.

-In 2006, The Home Depot ranked 43rd on the Fortune Global 500 list. In the same year, it was named the No. 1 "Most Admired Specialty Retailer" and the No. 13 "Most Admired Company" by Fortune magazine.

-In 2017, The Home Depot ranked 23rd in the Fortune 500 list of the United States. In the same year, The Home Depot ranked 24th in the BrandZ Top 100 Most Valuable Global Brands 2017.

-On July 19, 2018, Fortune Global 500 list was released, with The Home Depot ranking 57th.

Development experience

-At the end of 2006, The Home Depot acquired 12 branches of Tianjin Home World for US$100 million and successfully entered the Chinese market.

-In 2007, all branches of The Home Depot in six major cities including Beijing, Tianjin, Xi'an, Zhengzhou, Shenyang and Qingdao were officially opened, and Chen Yaodong, former chairman of Beijing Hualian Supermarket, was appointed president of the China region.

-In mid-November 2008, Chen Yaodong resigned and was replaced by former B&Q Vice President of Purchasing, Quanguoshan.

-On May 7, 2009, The Home Depot Qingdao store closed.

-On September 1, 2009, The Home Depot Shenyang store closed.

-On May 31, 2010, The Home Depot's Beijing Mingzhong Temple store suspended operations and later decided to never reopen again.

-In June 2010, Quan Guoshan resigned and The Home Depot's Asia Pacific Purchasing General Manager Zhou Leimeng took over as President of the China region.

-In November 2010, The Home Depot Tianjin Dongli store closed.

-On January 21, 2011, The Home Depot’s Beijing West Fourth Ring Road store closed.

-On September 13, 2012, The Home Depot announced its complete withdrawal from the Chinese market.

-On September 13, 2012, Home Depot announced that it would close all its stores in China.