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Prometheus. In Greek mythology, Prometheus ( / prəˈmiːθiəs /; Ancient Greek: Προμηθεύς, [promɛːtʰéu̯s], possibly meaning "forethought") [1] is one of the Titans and a god of fire. [2] Prometheus is best known for defying the Olympian gods by stealing fire from them and giving it to humanity in the form of technology ...
Budget. $7.96 billion (2020–21) Website. who.int. The World Health Organization ( WHO) is a specialized agency of the United Nations responsible for international public health. [2] It is headquartered in Geneva, Switzerland, and has six regional offices and 150 field offices worldwide. [3] The WHO was established on April 7, 1948, and ...
- WHO
- 7 April 1948; 75 years ago
- $7.96 billion (2020–21)
- United Nations Economic and Social Council
- History
- Finances
- Carbon Footprint
- Mascot
- Operation
- Subsidiaries and Private Brands
- Corporate Affairs
- Outside The Us
- Controversies
- See Also
1978–1999
The Home Depot was co-founded by Bernard Marcus, Arthur Blank, Ron Brill, Pat Farrah, and Ken Langone in 1978. The Home Depot's proposition was to build home-improvement superstores, larger than any of their competitors' facilities. Investment banker Ken Langone helped Marcus and Blank to secure the necessary capital. On June 22, 1979, the first two stores, built in spaces leased from J. C. Penney that were originally Treasure Island "hypermarket" (discount department and grocery) stores, ope...
2000–2007
San Diego maintenance and repair supplies company Maintenance Warehouse was purchased by The Home Depot in 1997 for $245 million. Maintenance Warehouse was a leading direct-mail marketer of maintenance, repair and operations supplies that could reach customers out of reach by The Home Depot. Atlanta-based company Apex Supply was acquired by The Home Depot in 1999. Apex Supply is a wholesale distributor of plumbing, HVAC, industrial pipe and fittings.Apex Supply and Maintenance Warehouse were...
2007–present
On January 2, 2007, the Home Depot and Robert Nardelli mutually agreed on Nardelli's resignation as CEO after a six-year tenure. Nardelli resigned amid complaints about his heavy-handed management and whether his pay package of $123.7 million (excluding stock option grants) over the previous five years was excessive, considering the stock's poor performance versus its competitor Lowe's. His severance packageof $210 million was criticized because when the stock went down, his pay went up. His...
As of 2020, Home Depot is ranked #26 on the Fortune 500rankings of the largest United States corporations by total revenue. For the Q2 of 2020, the company reported sales of $38.1 billion, which represented a growth of 23.4% from the same period, the previous year. The net earnings for the period of three months (ending August 2) rose 27% up to $4....
The Home Depot reported Total CO2e emissions (Direct + Indirect) for the twelve months ending 31 December 2020 at 1,821 Kt (-127 /-6.5% y-o-y).Reported emissions have been on a declining trend since 2016.
The Home Depot's mascot has been Homer D. Poe since 1981 when he was first used in advertising. Gwyn Raker, the illustrator, says, "I designed him to be a funny guy next door who wasn't intimidating." The Homer Fund, a for-associate charity, is named after the mascot, who since its creation, has been a part of Home Depot culture ever since. This in...
Home Depot stores average 105,000 ft2 (9,755 m2) in size and are organized warehouse-style, stocking a large range of supplies. Home Depot's two largest stores are located in Vauxhall, New Jersey, which encompasses 217,000 ft2 of space, and in Anaheim Hills, California, where it encompasses 204,000 ft2.The company color is a bright orange (PMS 165,...
Exclusive brand names
The Home Depot exclusively carries several major brands, including:[citation needed] 1. Chem-Dry (carpet cleaning, upholstery cleaning, tileand grout services) 2. Behrpaints 3. Homelite(outdoor and power tools) 4. Martha Stewart Living Omnimedia(outdoor furniture, indoor organization) 5. Ryobi and Ridgid(power tools) 6. American Woodmarkcabinetry 7. Thomasville Furniture Industriescabinetry
House brands
Additionally, the retailer sells the following house brands, though it does not manufacture any of the goods itself: 1. Commercial Electric 2. Glacier Bay (kitchen sinks, faucets, etc.) 3. Hampton Bay (ceiling fans, lighting fixtures, outdoor furniture) 4. HDX, a low-cost brand introduced in February 2012, replacing the Workforce brand The quality of products sold under the brand has an overall negative review from Consumer Reports (2017),and mixed reviews on individual products (2022). 5. Ho...
Philanthropy
The Home Depot Foundation is the philanthropic arm of the company created in 2002. It has contributed over $200 million in time, labor, money, and supplies to a number of causes, including Habitat for Humanity, California-based City of Hope National Medical Center, and playground construction organization KaBOOM! Home Depot supports the U.S. Military community with a 10% military discount. Since 1993, the "Team Depot" program has provided grants to veteran-based organizations and has workers...
Environmental record
The Home Depot has stated on their website that they have a commitment "we continue to lead by example, demonstrating to the world that sustainability business practices are not only possible, they are good for business." The Home Depot introduced a label on nearly 3,000 products in 2007. The label promotes energy conservation, sustainable forestry, and clean water. Home Depot executives said that as the world's largest buyer of construction material, their company had the power to persuade t...
Television
In 2002, The Home Depot joined PBS as a sponsor of This Old House and Ask This Old House. In 2003, The Home Depot became a sponsor for Trading Spaces.
Canada
Home Depot Canada is the Canadian unit of the Home Depot and one of Canada's top home improvement retailers. The Canadian operation consists of 182 stores and employs over 28,000 people in Canada. Home Depot Canada has stores in all ten Canadian provinces and serves territorial Nunavut, Northwest Territories, and Yukon through electronic means (Online Sales). The Canadian head office is located in Toronto. The Canadian unit was created with the purchase of Aikenhead's Hardware. Home Depot man...
Mexico
The Home Depot operates 126 stores and has become one of the largest retailers in Mexico since it entered the market in 2001. The Home Depot increased its presence in Mexico in 2004, with the acquisition of Home Mart, the second largest Mexican home improvement retailer. The Home Depot Mexico employs more than 15,000 associates throughout the country and as of the end of 2016, it had a record of 50 consecutive quarters with posted growth.
China
In December 2006, The Home Depot announced its acquisition of the Chinese home improvement retailer The Home Way. The acquisition gave The Home Depot an immediate presence in China, with 12 stores in six cities. In April 2011, Home Depot shut its last Beijing store, the fifth Home Depot to close in China in the previous two years. In September 2012, The Home Depot announced it was closing all big box stores in China. The Home Depot retained two specialty stores in China, a Home Decorators Col...
Whistleblower case
The Home Depot was embroiled in whistleblower litigation brought under the Sarbanes-Oxley Act (SOX) law. In July 2005, former employee Michael Davis, represented by attorney Mark D. Schwartz, filed a whistleblower lawsuit against the Home Depot, alleging that his discharge was in retaliation for refusing to make unwarranted back charges against vendors. Davis alleges that the Home Depot forced its employees to meet a set quota of back charges to cover damaged or defective merchandise, forcing...
Patent law controversy
Powell v. Home Depot USA, Inc. (2008cv61862) (2011) was a decision by the United States District Court for the Southern District of Florida concerning patent infringementon a "safe hands" device that Michael Powell, an independent contractor for Home Depot, created in response to injuries to the hands of associates using in-store radial arm saws. The district court jury returned a verdict in favor of Powell. In 2011, Home Depot appealed against the decision to the United States Court of Appea...
Tilt-up construction design of stores
In the wake of the 2011 Joplin tornado in which the walls of a Home Depot collapsed after being hit by an EF5 tornado, The Kansas City Star, citing engineers, criticized Home Depot's practice of using tilt-up construction in hundreds of its big-box stores (other nearby big-box stores in Joplin, including a Walmart and Academy Sports + Outdoors, which had concrete block construction, lost their roofs but the walls remained intact). In tilt-up construction, the concrete is poured onsite, lifted...
Menards, privately held American chain of home improvement centers that competes with The Home Depot in the Midwestern United States.