• Home Depot

    Why Home Depot Has Sucked For You, And Will Probably Continue To

    Ever wondered why Home Depot has sucked so much in the past years? A post-mortem on former Home Depot CEO Robert "Big Bob" Nardelli's departure lays it out. Home Depot:

    • Cut experienced sales staff, which often consisted of retired plumbers, electricians, etc
    • Replaced with inexperienced, cheaper staff
    • Siphoned resources from consumer side to focus on selling to professional builders

    While Home Depot has pledged $350 million to improve customer service, long term trends suggest their heart lies elsewhere. Says NYT:

    "Home Depot argues that the $200 billion do-it-yourself market is mature. Professional builders represent a $410 billion market."

    — BEN POPKEN

    At Home Depot, the New Chief Needs to Sell an Old Story to Wall Street [NYT]

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