Friday, June 18, 2010

home depot

-the home depot was founded in 1978 by bernie marcus and Aruthur Blank

- the home depot idea was to build home improvement warehhouses larger than any of their competitors facilities.

-Investment banker ken langone helped marcus and blank to secure the necessary capital.

- In 1979 the first two stores, built in spaces leased from J.C Penny opened in Atlanta June 21

-In 2000, after the retirement of Marcus and Blank , Robert Nardelli was appointed chairman, president and ceo.

-Nardelli was replaced in 2007 by Frank Blake.

-Bernie and i founded (The home depot) with a special vision to create a company that would keep alive the values that were important to us

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