23 Home Depot Statistics, Facts & Trends (Complete Guide)
Home Depot, a popular DIY store, has cemented itself as the leading home improvement retailer in the US and globally.
The retailer’s interesting history is laced with commercial success and some controversy. Check out these 23 Home Depot stats, facts and trends to learn more!
23 Home Depot Statistics, Facts and Trends
1. The idea started in a coffee shop
The Home Depot founders, Bernie Marcus and Arthur Blank, originally came up with this impressive design in a very humble coffee shop setting. brand!
Over a cup of coffee in Los Angeles in the 1970s, the original dream of Home Depot was born.
2. The first Home Depot store is in Atlanta
An important center for Home Depot’s founders, the first two stores opened in Atlanta in the late 1970s.
The size of the stores is impressive, 60,000 square feet in fact, making it one of the largest home improvement stores in the country.
3. Home Depot used to offer DIY classes for customers
The founders of Home Depot originally envisioned it not only as a commercial success, but as a real change in the way the American public approached DIY projects.
Because of this mindset, Bernie Marcus and Arthur Blank sought out social home improvement experts who could guide clients through some basic DIY need-to-knows.
That sparked a wave of DIY classes where customers were invited, from how to use power tools to expert demonstrations on how to lay tile.
4. Home Depot has a “whatever it takes” philosophy
The founders of Home Depot believed in creating a brand ethos that put the customer at the heart of the business.
Not only does this give them clarity on the intent of the business, but it also helps their staff understand the level of customer service excellence required.
In turn, they ultimately succeeded in summarizing this brand philosophy into three simple words: “Whatever it takes.”
5. DIY store founded in 1978
In 1978, a coffee shop in Los Angeles first conceived the idea of opening a renovation and renovation shop.
Founders Bernie Marcus and Arthur Blank are originally from New Jersey and New York, respectively.
After they were fired, they came up with a blueprint for Home Depot and worked hard to bring it to life.
6. Home Depot has an estimated 1.76 billion customer transactions in 2020
The store’s transaction volume in 2020 is as high as 1.76 billion, which is impressive.
With this number, Home Depot has certainly cemented its status as a beloved brand around the world.
7. Home Depot gives back to local communities and charitable organizations
The store supports a range of charities and organizations through its Home Depot Foundation, with employees and volunteers helping disadvantaged communities.
These include well-known names such as American Red Cross organizations and American Meals on Wheels.
8. Home Depot stocks over 30,000 different products
The store always seems to have everything you need when you visit, which is no surprise when you consider that it stocks around 35,000 products.
With the wide variety of products on offer, it’s inevitable that customers will visit The Home Depot for all of their tooling, DIY, and renovation needs.
9. Home Depot has a mascot named Homer D. Poe
Since 1981, Home Depot has had a mascot designed by Gwyn Raker named Homer D. Poe, a fun pun that represents a convenient, family-friendly store.
He also has a mascot wife named Daisy who does his makeup, and they even have a dog named Carl, according to this fun interactive game with Homer.
10. Home Depot has been in Mexico for over 20 years!
In 2020, the store celebrated 20 years of success in Mexico after acquiring the home improvement branch “Total Home”.
In addition to Mexico, Home Depot also has stores in the United States and Canada.
11. Home Depot is the largest DIY retailer in Mexico
They have 128 stores in all 32 states of Mexico.
Likewise, it has 182 stores in Canada and nearly 2,000 in the US
12. Home Depot’s slogan has changed six times since the ’90s
The retailer’s tagline has evolved over time, but has always maintained a friendly and upbeat tone:
- Early 1990s: “The Home Depot, low prices are just the beginning.”
- Late 1990s: “When you’re at Home Depot, you feel right at home.”
- 1999-2003: “The Home Depot: A Pioneer in Home Improvement!”
- 2003-2009: “You can do it. We can help.”
- 2009-2019: “Save less. Do more.”
- 2019 to present: “How Doers Get More Done”
13. Home Depot has more than 90 fulfillment centers
To keep pace with transaction rates and online orders, Home Depot has 90 fulfillment centers across the United States.
14. Home Depot Pro integrates popular brands
Home Depot Pro has taken some popular brands and made them all represented by the same company. These brands include:
- Hardware Express
- US maintenance
- Barnett
- supply factory
- Wilmar Industries
- American lock
- Leran Gas Products
15. Home Depot’s website attracts more than 100 million visitors a year
In 2008, a Compete.com survey found that the Home Depot website attracted 120 million visitors during the year.
It shows that while building its in-store presence, Home Depot has also been focused on growing its online footprint.
16. Home Depot Exclusive Access to Well-Known Brands
The store offers an impressive range of exclusive brand deals, including:
- Chem-Dry
- Rich
- Behr paint
- American wooden sign
- thomasville furniture industries
- redneck
- Martha Stewart Living All Media
- two backup
17. Home Depot is environmentally conscious
The store is taking the climate crisis very seriously by tackling the problem head-on.
Specifically, Home Depot plants trees to offset its carbon emissions, while investing in green homes and supporting environmental business plans.
18. Home Depot has historically supported the Republican Party
Founder and former CEO Bernie Marcus publicly and financially supported Republican parties while working for the company.
19. Home Depot has locations all over the world
The brand has stores in the following countries:
- U.S.
- Mexico
- U.K.
- Canada
- China
- South America
20. Controversy surrounding Home Depot store construction after the devastating 2011 tornado
The 2011 Joplin tornado tragically caused the walls of the Home Depot to collapse, killing seven people.
The architectural design of the Home Depot store was subsequently questioned over health and safety concerns, although the store insisted the design was safe.
21. Home Depot Has a Customer “Bill of Rights”
The Customer Bill of Rights includes various rights that are given to its customers to improve the customer experience.
This includes the right to receive the best product mix, the best product quality, the most competitive prices and the best level of customer service.
22. Home Depot fined for lead paint violation
In 2020, the DIY store was fined more than $20 million for violating the legal use and restrictions of lead paint, which can lead to lead poisoning.
23. Home Depot’s 2019 revenue of $110.2 billion
This amount is broken down into operating income of $15.84 billion and net income of $11.24 billion.
In addition, the revenue includes total assets of $51.24 billion and total equity of $3.12 billion.
Now that you know Home Depot, you can also check out our related guides on Home Depot’s slogan, mission, and an overview of Home Depot’s target market and demographics.
in conclusion
These 23 facts and stats create an interesting backdrop for The Home Depot and show just how far the store has come from its humble beginnings.
As of 2023, Home Depot is now the largest home improvement retail chain in the world, with stores in the US, UK, Canada, Mexico and other countries.
