President George W. The Canadian operation consists of stores and employs over 28, people in Canada. The Canadian head office is located in Toronto. The Canadian unit was created with the purchase of Aikenhead's Hardware. Home Depot management had an ambitious plan to overtake its biggest competitor, RONA , which has about four times as many stores. The Home Depot now faces competition from Lowe's as they have moved into the Canadian market effective the end of ; Lowe's now has 35 outlets in Canada.
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In Quebec , where it has 22 stores, The Home Depot is branded simply "Home Depot" using English words but without the definite article "the". The Home Depot operates stores and has become one of the largest retailers in Mexico since it entered the market in The Home Depot increased its presence in Mexico in , with the acquisition of Home Mart, the second largest Mexican home improvement retailer . The Home Depot Mexico employs more than 15, associates throughout the country and as of the end of , it had a record of 50 consecutive quarters with posted growth .
As of September 16, , all seven of the box stores in China had been shut down. The company is taking a "wait-and-see" attitude towards the Chinese market, but does not want to completely pull out because re-entry into the market would be very costly. The Home Depot's lack of success in China has been attributed to the disconnect between The Home Depot's do-it-yourself ethos and Chinese culture. In , the Home Depot conceded that it misread the country's appetite for do-it-yourself products.
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As a spokeswoman for the company said in an interview with the Wall Street Journal, "The market trend says this is more of a do-it-for-me culture". Chinese consumers prefer to see a finished product, such as a renovated room, rather than light bulbs and lumber. Speculation of a takeover began in when the retailer Asda was purchased by Walmart. Talks ending in did not result in any takeover deal. In , Home Depot entered the Chilean and Argentine markets. While the venture was viewed with great optimism by founders Bernard Marcus and Arthur Blank ,  it eventually proved unprofitable.
In , after merging with Sodimac , all stores adopted that brand. The company has since expanded across Latin America very profitably and successfully. In , Argentina's Home Depots were bought out by Chilean company Cencosud and rebranded Easy stores, a company that has also expanded across South America. Schwartz filed a whistleblower lawsuit against the Home Depot, alleging that his discharge was in retaliation for refusing to make unwarranted backcharges against vendors.
Davis alleges that the Home Depot forced its employees to meet a set quota of backcharges to cover damaged or defective merchandise, forcing employees to make chargebacks to vendors for merchandise that was undamaged and not defective.
The Home Depot alleges that it fired Davis for repeatedly failing to show up for work. The trial initially was concluded in June , but in April , U. Akin Gump sent Wood a letter on September 29, , in which the law firm requested that the testimony be stricken. Schwartz asked for the case to be reopened to permit further questioning of the witnesses. On April 6, , Wood ordered the case to be reopened.
Schwartz was quoted by the New York Post as saying, "I have reason to believe these witnesses were intimidated into giving false testimony. Home Depot has settled the dispute in a stipulation of settlement dated March 28, In the settlement, Home Depot changed some of its corporate governance provisions. Powell v. The District court jury returned a verdict in favor of Powell. In , Home Depot appealed against the decision to the United States Court of Appeals for the Federal Circuit , challenging the district court's denial of its renewed motion for judgment as a matter of law on the issues of infringement, willfulness, and damages.
The appellate court found no inequitable conduct and insufficiently egregious misconduct on the part of Powell's attorney. In the wake of the Joplin tornado in which the walls of a Home Depot collapsed after being hit by an EF5 tornado , The Kansas City Star , citing engineers, criticized Home Depot's practice of using tilt-up construction in hundreds of its big-box stores other nearby big-box stores in Joplin, including a Walmart and Academy Sports , which had concrete block construction, lost their roofs but the walls remained intact.
In tilt-up construction the concrete is poured onsite, lifted into place, and then attached to the roof. The engineers told the Star that the practice, while normally safe and efficient, is dangerous in major storms because once the roof is lifted as happened in Joplin the walls collapse in a domino effect. Seven people were killed in the front of the store when the ,pound walls collapsed on them, while 28 people in the back of the store survived when those walls collapsed outward.
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Only two of the slab walls in the Home Depot survived. In contrast, 3 people died in the Walmart but survived. Engineers noted that when concrete block construction fails, structural elements break in pieces and usually not in huge slabs. Home Depot said it fundamentally disagreed with the engineers quoted by the Star and said it would use tilt-up construction when it rebuilds the Joplin store. On September 2, , security news reporter Brian Krebs reported that he was seeing evidence of credit card numbers linked to Home Depot purchases being sold online, which he concluded to suggest that The Home Depot's payment systems were breached by hackers.
Home Depot offered their affected customers free one-year credit monitoring service from AllClear ID. Also in their press release, they made sure to emphasize that there was no evidence to suggest that online customers were affected by the breach. On September 18, , Home Depot released a statement saying that the hackers obtained a total of 56 million credit card numbers as a result of the breach. Since the breach, Home Depot has rolled out new encryption technology for their cash registers and self-checkout systems to protect customers.
A class action lawsuit was filed against the company. S Equal Employment Opportunity Commission , for the alleged failure to provide a reasonable accommodation for a cashier with cancer at its Towson, Maryland , store and then for purportedly firing her because of her condition.
From Wikipedia, the free encyclopedia. The Home Depot, Inc. The HomeDepot Logo. Cobb County, Georgia. Operating income. Net income.trenganleewahri.tk
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See also: List of data breaches in the United States. The Home Depot.
March 28, Retrieved July 19, February 20, PR Newswire. August 24, Retrieved April 9, Census Bureau. Archived from the original on February 12, Retrieved July 4, Home Depot Corporate website: Our History. Archived from the original on June 26, Retrieved June 11, Inside Home Depot.
McGraw Hill. Archived from the original on September 4, Retrieved September 3, Archived from the original on January 23, Retrieved April 11, New York Times. October 31, Retrieved April 21, Retrieved April 22, The New York Times. Retrieved November 28, January 17, Atlanta Business Chronicle. December 13, And Maintenance Warehouse".
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