Home Depot

Home Depot is the largest home improvement retailer in the world, serving both individual homeowners and professional contractors across North America. The company was founded in 1978 by Bernie Marcus and Arthur Blank, who opened the first two stores in Atlanta the following year. These early locations introduced a warehouse-style format, which brought a wide selection of building materials, tools, and home improvement products together under one roof.

A major milestone in Home Depot’s history came in 1990, when it became the largest home improvement retailer in the United States. Over the next decade, the company expanded internationally, entering Canada in 1994 and Mexico in 2001. As of November 2025, Home Depot operates over 2,300 stores throughout the United States, Canada, and Mexico, employing approximately 475,000 people.

In recent years, Home Depot has continued to invest in new store openings and extensive remodels, with a particular focus on high-growth markets in the U.S., Canada, and Mexico. The company has also expanded its supply chain network and digital capabilities to support omnichannel growth, allowing customers to shop seamlessly both in-store and online. Ongoing capital allocation has supported the development of new locations and distribution centers, especially in suburban and secondary markets.

Home Depot’s scale and reputation make it a prominent anchor tenant in retail developments. The company’s diverse formats, steady growth posture, and commitment to innovation have reinforced its position as a reliable partner in commercial real estate projects throughout North America. Home Depot remains independently owned, does not franchise its stores, and continues to operate from its headquarters in the Atlanta metropolitan area.