The Home Depot is a name that practically every American homeowner knows. When we run out of a staple in the house, we will only ever purchase our trusted brand. In 1978, Arthur Blank, Bruno Marcus, Ron Brill, and Patricia Farrah were the four businessmen that embraced the idea for the company and ran with it.
An early supporter and soon-to-be rich guy named Ken Langone played a pivotal role in the idea’s early marketing successes. They opened two very successful stores in Atlanta, and after that, they opened hundreds more in the years that followed. By 1984, the states of Georgia and Florida had welcomed nineteen establishments with the name.
Since then, sales at The Home Depot have increased by a factor of 10. Incredibly, 950 stores were open in 2005! More than 2200 nations throughout the world now have a Home Depot store. Only very seldom does the firm make it onto the Fortune 500 list.