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Home Depot Jobs & Careers Search
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The Supply Chain That Saved The World
If you want to cut carbon, cut costs.
America's Recession-Proof Cities To Retire In
These affordable metro areas offer sunny weather, jobs and rosy economic outlooks.
How Billionaires Control Our Lives
The wealthiest Americans control what you eat, what you wear and how you listen to music. Here's a look at their influence on one fictional New Yorker.
The Weekly Layoff Report: ConAgra Adds To The Anguish
The food company will dismiss 300 in North Carolina.
Football's Billionaires
Buying a football team can be more than a vanity investment. Several billionaires command a 10-figure fortune solely because of their gridiron squads.
Blame (Or Credit) Mom And Pop
Where have all the corporate bond bargains gone? Buried under a tide of retail cash.
Stocks Rebound On Retailers' Profit Reports
This is a transcript of the Market Update: Close Report.
GM Ramps Up Production
Auto maker ready to hire back 1,350 workers; housing stocks rally.
Retail Earnings Break Street's Slide
Stocks rally 1% after Home Depot and Target beat analyst estimates; GM announces production hike.
Stocks Halt Slide As GM Boosts Production
The automaker says it will bump output by 60,000 vehicles; Street breaks two-day losing streak.
Upgrades For Goldman, American Express
Financial, retail sectors rebound; Exxon inks a deal with PetroChina.
Europe Rebounds
Stocks recovered during Tuesday afternoon trading after a 3% decline in the previous session.
Help Yourself To Some Home Depot
Shares of the home-improvement retailer have been resurrected, as it reports numbers that surpass views.
Retail Earnings Put Street In Rebound Mode
Home Depot, Target top estimates; investors shake off renewed weakness in residential construction.
Home Depot, Target Energize Retail
Target's profits improve on higher gross margins; housing starts slip.
Home Depot, Target Beat Expectations
This is a transcript of the Market Update: Midday Report.
Street Rallies On Retail Earnings
Stocks open higher after after Home Depot, Target top Q2 estimates.
Europe Thinks Positive
Stocks rise slightly Tuesday afternoon following Monday's 3% drop.
Street Looks To Housing On Tuesday
This is a transcript of the Market Update: Outlook video report.
Retails Earnings In Focus
Home Depot and Target reports results.
Stocks Dive On Weak Consumer
Major indexes see their biggest daily percentage drops in over a month.
Stocks Tank On Recovery Worries
Summer gains are in reverse as traders ponder impact of consumer woes on economic rebound.
Stocks Swoon On Consumer
Weak consumer sentiment and an earnings miss from Lowe's weigh on investors.
Retail Detail Ahead
Home Depot, Lowe's report second quarter results.
John Paulson's Bank Bets
Paulson's hedge funds buys shares of Goldman, Bank of America; retail sales slip.
Forbes.com: hd
The latest Forbes.com news on the ticker hd.
HEALTHSHARES (TM) INC. Financials (EDGAR Online Financials)
HealthShares Throws In Towel; Liquidating All ETFs (IndexUniverse.com)
HealthShares closes its last four ETFs; XShares says it is committed to ETF marketplace.
Yahoo! Finance: HHD News
Latest Financial News for HEALTHSHARES DIAGNOS
Get Ready to Buy
If you think it's too late to get in, think again. 2009 11 07 03:00
Final Glance: Specialty Retail companies
NEW YORK (AP) - Shares of some top specialty retail companies were up at the close of trading: 2009 11 06 17:55
Retail Winners & Losers: Macy's, Bebe
Retailers are trading higher on Friday after positive same-store sales data. 2009 11 06 16:09
Midday Glance: Specialty Retail companies
NEW YORK (AP) - Shares of some top specialty retail companies are mixed at noon: 2009 11 06 12:19
Early Glance: Specialty Retail companies
NEW YORK (AP) - Shares of some top specialty retail companies are mixed at 10 a.m.: 2009 11 06 10:32
The Home Depot Pays Tribute To Military Personnel by Offering a 10 Percent Veteran's Day Weekend Discount
ATLANTA, Nov. 6 /PRNewswire-FirstCall/ -- The Home Depot®, the world's largest home improvement retailer, today announced that the Company is continuing the tradition of honoring our military by 2009 11 06 09:30
Ex-Home Depot manager faces theft charges in Ga.
ATLANTA (AP) - A former Home Depot Inc. manager is facing federal charges that he shared the Atlanta-based retail giant's trade secrets with a potential vendor. 2009 11 06 08:05
MSN Money News - HD
News about Home Depot Inc
Home Depot Agrees to Sell Martha Stewart Brands
Home Depot will begin selling a line of home improvement and other products in January featuring the Martha Stewart brand, the companies said on Monday.
Exhilaration as Giant Mall Springs Up in a Strike Against Blight
The Gateway Center at Bronx Terminal Market may be the maraschino cherry topping a revival of South Bronx neighborhoods that began more than two decades ago.
D.I.Y. Chains Adjust to Smaller Projects
Home Depot and Lowe’s are positioning for the wave of small, do-it-yourself repair and maintenance projects as sales suffer.
With Few Exceptions, Retailers Remain Weak
Profit declines and losses continue to weigh on major chains, with only discount-focused names like TJX showing growth.
Card Fees Pit Retailers Against Banks
As the use of credit and debit cards has grown over the last decade, merchants argue that the attendant fees have sharply lifted the cost of doing business.
Home Depot Raises Its Outlook for Year
The home improvement retailer said it now expected its earnings to be anywhere from flat to down 7 percent.
Sales Fall 10%, but Home Depot Tops Forecasts
First-quarter profit at the home-improvement chain climbed 44 percent on fewer charges and the company maintained its annual earnings forecast.
Home Depot Girds for Continued Weakness
The leadership of Home Depot has decided to move from a culture of expansion to one that is less vulnerable to consumer and credit slowdowns.
The Meltdown in Home Furnishings
Many well-known home-related retailers and manufacturers, as well as home design magazines, are faltering in the current economic downturn.
Home Depot to Close Design Centers and Cut Jobs
The home improvement retailer said that it would cut 7,000 jobs and close its Expo chain as the recession continues to batter the nation’s housing market.
62,000 Jobs Are Cut by U.S. and Foreign Companies
Monday’s toll included 20,000 cuts at Caterpillar, 8,000 at Sprint Nextel, 7,000 at Home Depot and 8,000 from the expected merger of Pfizer and Wyeth.
Layoffs Spread to More Sectors of the Economy
Companies across the board are resorting to mass job cuts, suggesting that employers expect a long downturn.
For U.S.O.C., Sponsorships Become a Challenge
The U.S. Olympic Committee is heading into an economically troubled year without several of its biggest and longest-standing sponsors.
Rough Quarter for 2 Major Retailers
Saks said it lost more than expected in the third quarter amid job losses on Wall Street and stock market turmoil, while Home Depot said quarterly profit sank 31 percent on slow sales.
Thriftiness on Special in Aisle 5
Several chain stores have concluded that providing information about how to manage a household on a budget can spur loyalty.
NYT > Home Depot Inc.
Since its founding in 1978, Home Depot and its orange-smocked employees have ruled the American home improvement industry, making it the second-largest retailer in the country, after Wal-Mart.
But now the chain is at a crossroads. After years of staggering growth, it faces stiff competition from Lowe’s and it has struggled to weather a downturn in the housing market.
While Home Depot has emerged from the credit crisis strong enough to borrow at attractive rates now, it has chosen not to do so. Frank Blake, the chairman and chief executive, has charted a course away from expansion, one that he holds out as a template for running a big company in postrecession America. In his view, hard times and less generous credit are restricting consumption and undermining the corporate expansion that drove economic growth in recent years. The best response, he decided, is to focus on Home Depot's most profitable core business: existing retail outlets.
If Mr. Blake is right, a streamlined Home Depot will emerge stronger than its rivals. And if he is wrong, the company could risk losing its dominant position as the nation's favored shopping destination for do-it-your-selfers as well as contractors who build and refurbish homes.
Home Depot has faced internal challenges in recent years as well. In 2000, hoping to avert a slowdown, its founders, Arthur Blank and Bernard Marcus, put the future of the company in the hands of a former top General Electric executive, Robert L. Nardelli.
At first, Mr. Nardelli appeared to be the kind of savior investors craved. He doubled Home Depot’s annual sales and constructed a new wholesale business, called Home Depot Supply, that focused on professional builders, theoretically insulating the company from swings in the housing market.
But Mr. Nardelli could not lift the company’s languid stock price, ran the chain with an authoritarian style that drove away experienced managers and demanded a lavish pay package -- a fatal combination that led to his ouster in 2006.
Since then, his successor, Frank Blake, has tried to undo Mr. Nardelli’s legacy. He sold the wholesale supply business, which had come to be considered a distraction from Home Depot’s struggling stores, and invested heavily in recruiting a top-notch store staff.
Mr. Blake’s first major move, the sale of the supply division, was marred by troubles in the credit market. Originally priced at more than $10 billion, it was eventually sold on Aug. 28, 2007, for $8.5 billion.
During the boom years, total revenue at Home Depot rose with each new store opening, reaching nearly $80 billion in 2007. The average revenue of its stores declined, though, as some customers shifted to the newer outlets.
When the recession hit full force in the fall of 2008, customers simply spent less, and average store revenue really fell, bringing total revenue down to an estimated $65 billion this year. Addressing this issue, Mr. Blake's often-stated goal is to jack up annual sales in existing stores, to $350 a square foot of floor space, on average, from $300.