The Home Depot, the number one home improvement store in Mexico, closed 2018 exceeding its business objectives, operating more than 120 stores in the 32 entities of the country and reaching 61 consecutive quarters of positive growth in Mexico.
This year, it plans to invest 1,950 million pesos (US $ 101.1 million) to meet its expectation of growth in the country. This includes the opening of new stores, the implementation of efficiencies in their logistics and the strengthening of their interconnected retail strategy, which seeks to offer the customer the best shopping experience, whether in the physical stores or online.
“Our intention is to continue growing in Mexico, generate quality jobs and continue innovating in the way of being in contact with the client. We want to help more and more Mexicans to realize their renovation projects in their homes, by offering the best products, with the lowest prices and with the level of service they expect from us, “said José Rodríguez Garza, President and CEO of The Home Depot México.
During 2018, the company strengthened its presence in the country with the opening of two new stores, the expansion of its multi-channel distribution centers and the complete renovation of its online store, which offers more than 25,000 items, consolidating as the catalog of Mexico’s largest online home improvement products.
In 2019, projects will be implemented that will increasingly link physical stores with electronic commerce, as well as improving communication with customers and serving them at any time and from anywhere in a more agile and efficient manner.
The Home Depot is committed to the development of procurement in Mexico and year after year increases its commercial partnerships with national suppliers. Currently, more than 80 percent of its suppliers are local.
In addition to investing, developing local suppliers and generating quality jobs, year after year The Home Depot implements various initiatives that seek to contribute to the development of the communities where it operates. In 2018 alone, the company held 790 volunteer days in which more than 8,600 associates of the company donated 22,800 hours of their time to improve housing and public spaces, benefiting more than 1 million people through 564 institutions in Mexico.
It also made a donation of 97 million pesos in merchandise to more than 400 social assistance institutions in the country, positively impacting more than 4 million people.
During 2019, it will continue to promote projects of its social responsibility program, which will allow it to return to the community and continue contributing to the development of Mexico.