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Bernard Marcus (born May 12, 1929) is an American billionaire businessman. He co-founded The Home Depot. He was the company's first CEO and first chairman until retiring in 2002.
The Home Depot, Inc. The Home Depot, Inc. is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States. [4] In 2021, the company had 490,600 employees and more ...
Lowe's is the second-largest hardware chain in the United States (previously the largest in the U.S. until surpassed by The Home Depot in 1989) behind rival The Home Depot and ahead of Menards. [6] It is also the second-largest hardware chain in the world, also behind The Home Depot but ahead of European retailers Leroy Merlin, B&Q, and OBI. [7]
Home Depot CEO Ted Decker blamed high interest rates and economic uncertainty for causing consumers to grow more cautious. "During the quarter, higher interest rates and greater macro-economic ...
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This marks Home Depot's seventh straight quarter of negative sales growth. US same-store sales are down 3.6%. Both foot traffic and the average ticket dropped, down 1.8% and 1.3%, respectively.
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