Home Depot Industry Analysis Paper

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. Each store designed as a warehouse, stocking a large amount of supplies. In 2006 The home depot builded the first fuel center. The first Home Depot Fuel was located in Brentwood, Tennessee. They also build four more stores across the country. The centers were expected to earn about 5-7 million per year, but the actual numbers was much higher. The fuel centers sell beer, hot food, snacks along with providing gas and car wash.The car washes are large enough to accommodate full-size pickup trucks and large commercial vehicles.

Economic Forces

Improvement in the economic condition of the country is crucial for a retailer like Home Depot. Many people are positive about the improvements in the national economy. The Home Depot looking to achieve greater economies of scale. The current market is focusing on green energy. Therefore Home

And company doing a great job. For the past 20 years The Home Depot has led the industry. The company made a lot of investment last year to upgrade the technological equipment for employees and consumer needs.Home Depot also made a big accent on green energy. By reducing the pollution and saving the energy at factories and the stores. Home Depot also changed the culture in past five years. Now the concentrated more on process, hadr data, and accountability. And here are some results of it. Employes survey showed a rise of job satisfaction. It also showed a positive change in customer's behavior interacting with one another and making critical