ipl-logo

Home Depot Swot Analysis Paper

259 Words2 Pages
Home Depot was founded by Bernie Marcus and Arthur Blank in 1978. On June 22, 1979, Home Depot opened its first two stores in Atlanta, Georgia. Home Depot’s focus was bringing one-stop shopping to the do-it-yourselfers and providing the best customer service in the industry (Home Depot, 2015). Home Depot had a unique philosophy of customer service which was “whatever it takes” – meaning that their focus was on cultivating a relationship with customers, as opposed to just merely completing a transaction (Home Depot, 2015). Home Depot had immense growth during the 1980’s and the 1990’s; in 1985 they had expanded into California and by 1986 they had 60 stores total with sales of $1 billion (Parnell, 2015). In 2001, through acquisitions
Show More
Related
96 Words | 1 Pages

Opportunities • Happy Hour • Location is across from Redrock Hotel and Casino (can attract tourists/ visitors) • Healthy menu options • Offers takeout • Online ordering for takeout • Offers delivery • Expansion East • Selling BJ’s trademarked beer for at home consumption Threats • The Yardhouse is located across the street and has a similar concept of BJ’s Restaurant and Brewhouse • Risks of foodborne illnesses in the restaurant industry • Many surrounding restaurants in the same plaza • New mall opening at the end of 2014 in Summerlin that will have competing restaurants

Read More
1330 Words | 6 Pages

Introduction Target Inc. is a multinational corporation that runs its operations in the United States of America. The area of specialization for the organization is retailing where it comes second after Walmart in running retail operations within the US. The organization has been in operation since 1902 where it was known as the Good Fellow Dry Goods. Over time, the organization has changed operations and tactics all that have seen it rebrand to Dayton's Dry Goods, and until recently, the organization rebranded to Target Corporation. The organization mainly runs its operations within the US through a given number of department stores chains which include Marshall Field's, Dayton's, and Hudson's as well as Mervyns'.

Read More
791 Words | 4 Pages

Cabela’s has many strengths and opportunities for its future success in the outdoor supplies and apparel market. However, Cabela’s has several shortcomings and weaknesses as well. First, Cabela’s has the disadvantage of its limited locations throughout the nation. CEO Tommy Millner says that going fast and racing to open stores is not their style. He says “By growing too fast, you get into a rat race in retail where you’re just hiring somebody with no expertise, and that’s a bad outcome for us” (Adams).

Read More
738 Words | 3 Pages

Today home improvement is one of the highest areas that people want to spend money on. While the branding of Lowes pulls you in the rest of the business is successful enough to pull you in. Once any business is able to use its branding than management takes over. Lowes knows what’s it home improvers want and that’s

Read More
1110 Words | 5 Pages

5 Things You Didn't Know About Stroller Depot In a world where online retailers come and go, family-owned and -operated, Stroller Dept is the oldest continuously running online stroller and car seat dealer. Rosanne Pitzer started the company after having trouble finding the perfect stroller to meet her needs when traveling alone with her children. The Stroller Depot specializes in hard-to-find strollers like jogging strollers and triple strollers, always going beyond the basics to make strollers super user friendly.

Read More
775 Words | 4 Pages

Home Depot is expanding rapidly within the USA but not internationally. Even though it has opened some stores in Canada and Mexico, 90% of the market is located in the USA (Dalavagas, 2015). The other weakness for Home Depot is the legal issues. Over the years HD has had many class action lawsuits. For example, in 2015, the company paid 1.8 million settlements for violating the Credit Reporting Act (LaFreniere, 2016).

Read More
695 Words | 3 Pages

Home Depot and Lowe’s are two of the largest competitors in the home improvement market. When comparing the two, they both operate under very similar business models targeting the DIY and professional markets, but there are differences in their strategies which provides them both success within this industry. One specific area is in market saturation which Home Depot is ahead of Lowe’s. Home Depot has moved into the global market with stores in the U.S. Puerto Rico, the U.S. Virgin Islands, Guam, Canada, Mexico and China, many of which Lowe’s have not infiltrated. Other areas where the two companies differ are in customer options and store layouts.

Read More
444 Words | 2 Pages

Home Depot is a multi-million dollar industry, with over 2,000 stores around the world. They supply contractors with tools and products to build a house or supply Do-It-Yourselfers with home and business improvements. But with all the good Home Depot has done, they have their faults too. Home Depot has faced job cuts, ethical violations and the mistreatment of their customers. When a person hears job cuts, they assume that the reason for the job cuts is downsizing.

Read More
439 Words | 2 Pages

Strengths: - Asheka executes on the strong intro with both the team member and the client. This is good for consistency. - After verification, Asheka does a good job asking open ended questions to find out exactly where the client is located on the website. Opportunities: - Relevant and effective coding/noting.

Read More
345 Words | 2 Pages

Unlike Lowes’ marketing strategy for site location, Home Depot tend to place its brick and mortar stores on second tier lots within a market area, while Lowes build its retail stores on major arteries or locations. When appraising these two big box retail stores, one must take into consideration these locational differences and how each organization’s marketing strategies impact its market values. Additionally, these site location differences have impact on sales due to egress and ingress onto each company’s parking lot; some consumers are unwilling to face the enormous amount of traffic on a major artery. Nevertheless, Home Depot’s marketing strategy is to provide consumers with the option of do-it-yourself home improvement opportunities

Read More
833 Words | 4 Pages

About Publix Supermarkets, Inc. Publix Supermarkets, Inc., commonly known as Publix is a popular retail store in the United States of America. It is started in 1930 and founded by George. W. Jenkins. Today, it is one of the largest privately-owned retail store throughout the southeast region. It has by far expanded their branches over 1090 store locations in 5 states.

Read More
1021 Words | 5 Pages

The All Stars Project-Chicago SWOT Analysis Through the All Stars Project, over 53, 820 inner-city youth are given opportunities to transform their lives through the power of performance. This nonprofit reaches some of our nation’s most marginalized youth in six different cities: New York, Bridgeport, Chicago, Dallas, and the San Francisco Bay Area. The All Stars Project of Chicago has many strengths, including its direct response to the surrounding community’s need, and its status as a privately funded nonprofit; which overshadow its weaknesses of having a small staff and office space. There are many opportunities for growth including expanding partnerships with Chicago Public Schools and other similar organizations, and eventually expanding

Read More
1718 Words | 7 Pages

Premier Inn is a famous British hotel brand with over 700 facilities worldwide. Being founded by Whitbread in the year 1987, the company is the result of a merge between Premier Lodge and Travel Inn. Premier Inn hotels operate under the strategic partnership between the leading international companies and Britain’s leading hospitality firm Whitbread PLC. This allows enhancing the popularity of the Premier Inn brand all over the world.

Read More
591 Words | 3 Pages

Demographic Forces The Home Depot is an American retailer of home improvement construction products and services. It operates many supercenters across the country, including all 50 States, The district of District of Columbia, Puerto Rico, the United States Virgin Islands and Guam. All regions of Canada and Mexico. The headquarters of a company located at Atlanta Store Support Center in Cobb County, Georgia.

Read More
500 Words | 2 Pages

Strengths: As a student one of my strengths is organization. I can say I can keep my school materials and notebooks organized in a way that I and others can comprehend. The reason I can say I am organized is because, I have hardly ever had in the past or present any issues with trying to find homework or assignments because I always kept my materials for each class organized and in a place I could easily find. Another strength I have is social skills. I can believe that I communicate with others well in a group.

Read More

More about Home Depot Swot Analysis Paper

Open Document