Ultimately, this is a book about grit and determination. "Building the Home Depot was a tough, uphill battle from the day we started," they write. "No one believed we could do it and very few people trusted our judgment." The two cofounders launched the company only after they were fired by a California hardware retailer because of politics. The Home Depot lost $1 million in its first year of operation in Atlanta. Today it's one of the great successes on Wall Street, with more than 700 stores across the country and 160,000 employees.
One reason the book is so engaging is that it includes corporate anecdotes. A favorite: the company banned wild parties after several employees were demoted and a couple were fired in the wake of a drunken annual managers' meeting. Another yarn involves Sears, which made one of the worst financial mistakes in retailing history when it passed on a deal to purchase Home Depot in the early 1980s. The authors are self-serving at times; for example, they whine too much about paying $104.5 million to dispose of a sex-discrimination lawsuit. But there's no denying the smashing performance of Big Orange. Marcus and Blank paint a story with some sparkling advice for practically anyone in business. --Dan Ring --This text refers to an out of print or unavailable edition of this title.
Startling honest and insightful . Doesn't spin but lays out a real story. It's the real dealPublished 1 month ago by mike whalen
My wife bought this book and loves the story, the lessons presented and the background it provides on the founders of Home Depot. Read morePublished 3 months ago by Joseph Banks
I worked for both Bernie and Arthur at the Home Depot after working for Sear over 25 years. As Sears was slowly sinking into the sunset, Home Depot had captured the imagination of... Read morePublished 4 months ago by richard e whitelock
Reimagining Retail: The Emergence of Supercenters and Department Stores
From 1955 to 1978, retailers sold in smaller volumes, had high margins and dealt with multiple... Read more
A great book on the founding of this company that truly is in business for the do-it-yourself customer.Published 8 months ago by peter
I was recently recommended this book by a devoted football fan. One of the authors, Arthur Blank, is currently the owner of the Atlanta Falcons. Read morePublished 15 months ago by investingbythebooks