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Home Depot
is the second-largest retail group in the US by sales (behind Wal-Mart),
and #4 worldwide. It is also far and away the world's biggest home
improvement store. Each of its massive stores in North America stocks up to
40,000 different kinds of building materials, home improvement supplies and
lawn and garden products, catering to professionals as well as amateur DIY-ers.
However the slowing housing market in the US was reflected in disappointing
financial performance in 2007, including the first fall in comparable annual
sales in the company's history. Despite its size, Home Depot has been slow to move outside its home
country, although it has operations in Canada, Mexico, and now China. It has often been highlighted as a potential bidder for Europe's DIY giant Kingfisher.
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Competitors: see Retail Sector index for other companies
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Home
Depot website
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