Bob Nardelli
Bob Nardelli
Robert Louis "Bob" Nardelliis an American businessman. He was the chairman and chief executive officer of Chrysler. He had earlier served in a similar capacity at The Home Depot from December 2000 to January 2007. Prior to that, Nardelli had risen to become one of the top four executives at General Electric. Condé Nast Portfolio named Nardelli as one of the "Worst American CEOs of All Time"...
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Our initial direct cash contribution to the American Red Cross, The Salvation Army and other emergency management agencies was made to meet the immediate need of those affected communities. With Rebuilding Hope & Homes, we can channel the support of our large and loyal customer base to help fund the largest long-term rehabilitation and rebuilding project in our country's history.
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Our thoughts are with everyone who has been affected by this tragic natural disaster. The Home Depot has an extensive history of providing support to our communities as they recover from natural disasters. Through these donations and future volunteer support from our associates, we will continue to play an integral role in our local communities and their rebuilding efforts during the upcoming months. As always, our associates shine their brightest when our communities face their darkest hours.
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Retail is a pretty simple business, but what adds complexity is the size and scale. We couldn't do it without technology.
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Tom Taylor brings decades of company and retail experience to his new role. He has touched virtually every part of company and has in-depth knowledge of stores, products, associates, suppliers and customers. Tom has served in numerous leadership roles that have directly influenced merchandising and marketing efforts.
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We are poised for dramatic growth over the next five years across our business. Our planned acquisition of Hughes Supply is a great example of how we are rapidly replicating in the professional market the same type of transformation that we brought to the home improvement retail market.
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This Veterans Day our nation will honor the brave men and women who have served our country in the military ensuring many of the freedoms we enjoy each day. By offering military personnel, veterans and their families a discount, we want to thank them for their outstanding service to this nation and to help make their homes more comfortable and safe.
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We have embarked on a transformation of The Home Depot from a young, decentralized business toward a more mature and balanced company with predictable and sustainable growth potential,
believe home strength strongly
We believe strongly in the fundamental strength of Home Depot,
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We thank Dick Brown for his five years of service and leadership, and his expertise in information technology.
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We are evolving into a company with multiple platforms for growth. Over time, we expect an increasing penetration of our businesses in the professional contractor space. Consistent with our growth strategy, you shouldn't be surprised when we make strategic acquisitions like National Waterworks.
believe consumers contribute costs efforts empower energy help products reduce
As we help empower consumers to reduce their energy costs through products and services, we also believe it is right for us to reduce our company's own consumption and help contribute to the country's energy conservation efforts at this time.
continue grow home leverage operating opportunity
This consolidation is an opportunity for Home Depot to better leverage operating efficiencies as we continue to grow our business,
existing store
It's all about getting more out of our existing assets. It's all about store productivity.
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The tough economy has put tremendous pressure on fourth-quarter sales performance and increased competition for share of the consumers' wallets, ... While home improvement is a high priority for our customers, they are also facing immediate and dramatic pressures in a number of areas, including record cold weather and rising energy costs, investment losses, higher interest rates and increasing consumer debt levels.