Throwback Thursday

Throwback Thursday: An Orange Beginning

The first Home Depot stores opened in Atlanta in 1979.

BY HBSDealer Staff

The July 16, 1979 issue of National Home Center News, the forerunner of HBSDealer, reported that the “no-frills home center has come to Atlanta” in the form of two, 60,000 sq. ft. stores.

The headline reads: “Marcus moves on Atlanta with no-frills Home Depot,” referring to CEO Bernard Marcus, a co-founder along with Arthur Blank and Pat Farrah.

And that’s where it all began.

The article contains the following legitimately historical quotes from Marcus:

  • “We’ve done something here that’s never been done before, and our operation is going to allow us to maintain a competitive pricing schedule throughout the store.”
  • “We want the Home Depot to look and feel like a warehouse. We want them to know all at once what we have to offer here.”
  • “Except for automotive, which is a convenience category, we’re looking for dominance. We believe if you are supposed to stock an item, you’d better have it.”

Depot at the NYSE.

The Home Depot celebrated its 40th anniversary in a bell-ringing ceremony at the New York Stock Exchange recently. Here’s the video.

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