Essay specific features
March 3, 2013
No of pages / words:
10 / 2737
Rating of current essay:
Products varied from well known national brands to propriety Home Depot brands.
Home Depot held its IPO in 1981 and listed on the New York Stock Exchange three years later under the ticker – ‘HD’. Home Depot reached $1 billion in sales in 1986. Sales of $20 billion were reached in 1997 making them the fastest growing home improvement retailer with an average annual growth in sales of 119% during said period...
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Home Depot has also been able to establish and successfully execute a market saturation strategy coupled with low prices and high service. Being able to execute on these three pillars has been the hallmark of Home Depot’s strategy and will carry the company into the future.
As Home Depot continues to expand, the cost of prime real estate will rise as they compete head to head with their main competitor, Lowes...
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