The Home Depot grew sales by 40% in 8 years with a steady store network

Based in the U.S., the world’s largest home equipment retailer revealed an amazing U-turn in terms of retail strategy, opening an e-commerce website dedicated to professional customers. Indeed, in 2018, professionals accounted for just 3% of its client base, but earned 40% of revenue. Last year, The Home Depot posted net revenue of US$100.9 billion up by 5.5% year-on-year.

The Group’s revenues grew at a compound annual growth rate of 6.2% over the last 5 years, driven by an innovati