Top winter travel destinations on BENJAMIN BALAK, PH.D. ROLLINS COLLEGE Home Depot WHEN BERNARD MARCUS, Arthur Blank, and Ronald Brill found themselves unemployed from Handy Dan’s home center, their creative solution was to do what most cut-rate retail operations, like their former employer, could not do. They would appeal to the majority of the buildingsupply industry’s buyers by offering more than double the 10,000 different items normally sold, and knowledgeable, accessible salespeople who would take the mystery out of how to use the products. This concept allowed the three men to acquire the financing necessary to open the first Home Depot outlets in Atlanta, Georgia, and eventually become the largest home-center retailer in the UNITED STATES, ranking as the 46th-largest company in the world by Fortune magazine in 2002. Home Depot was incorporated in 1978. Creative customer amenities, plumbers and electricians on staff, and contractors giving workshops led to large profits; however, in the 1980s, attempts to expand into new areas brought an increase in the cost of sales that cut profits, and sent stock prices plummeting significantly. Top winter travel destinations 2016.
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