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The Sales per square feet of The Home Depot, Inc. in United States of America (2017 - 2020, USD)

  • The Sales per square feet of The Home Depot, Inc. in United States of America reached USD 520.02 in 2020

  • The indicator recorded a historical growth (CAGR) of 5.17% between 2017 to 2020

The Sales per square feet of The Home Depot, Inc. in United States of America (2017 - 2020, USD)

Published: November 2021
Source: GlobalData

The Home Depot Inc 

The Home Depot Inc (Home Depot) retails home improvement products. The company offers various products including building materials, home improvement supplies, hardware, electrical products, kitchen and bath products, flooring and paint products, appliances, and lawn and indoor and outdoor garden products. The company offers numerous services including credit card services, home delivery, e-retail, and installation services. Home Depot offers its products under various brands including HDX, Husky, Hampton Bay, Home Decorators Collection, Glacier Bay, Vigoro, Everbilt, RIDGID, Home Depot, LifeProof, SuperClean, EcoSmart, PetProof and Ryobi. It merchandises products through various e-commerce websites including homedepot.com, homedepot.ca, homedepot.com.mx, blinds.com and thecompanystore.com. The company’s operations are spread across the US, Canada, and Mexico. Home Depot is headquartered in Atlanta, Georgia, the US.  

Products and services 

Home Depot is a home improvement specialty retailer based in the US. The company's major products, services and brands include the following: 

Products: 

  • Appliances 
  • Bath and Faucets 
  • Building Materials 
  • Decor 
  • Doors and Windows 
  • Electrical 
  • Flooring and Area Rugs 
  • Heating and Cooling 
  • Kitchen 
  • Lawn and Garden Equipment 
  • Lighting and Fans 
  • Lumber and Composites 
  • Outdoor Living 
  • Paints 
  • Plumbing 
  • Storage and Organization 
  • Tools and Hardware 

Services:  

  • Installation Services 
  • E-Retail 
  • Home Delivery Services 
  • Gift Cards 

Corporate strategy 

The company intends to focus on providing a frictionless shopping experience to consumers that enables them to blend the digital and physical worlds. Home Depot has accelerated investment program to create this experience is now largely complete. The investment has four strategies, including invest using a “customer-back” approach, reinforce position as the product authority in home improvement, deliver a best-in-class, interconnected shopping experience, and extend our low-cost provider position. 
 
The company also focuses on mobile experience through improvements in the digital content and sites to simplify the online experience. This program is also expected to allow customers to order products in-store or online and have them delivered to their home or to the job site within a defined time slot. In line with this, in November 2020, the company acquired a huge HD Supply Holdings Inc. HD Supply is a leading national distributor of maintenance, hospitality, repair, and operations (MRO) products in the multifamily end markets. The acquisition of HD Supply could help the company to establish its position as a premier provider in a highly fragmented MRO marketplace. 

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