The Home Depot Just Overtook Walmart...

The Home Depot is one of the most popular home improvement stores in America, but did you know that they’re the largest physical retailer in the world? Not only does The Home Depot boast a market cap that’s $50 billion more than Walmart, but they also pull in $3 billion more net profit annually. It wasn’t always like this though; in fact, the Home Depot just pulled ahead of Walmart a couple of months ago. For the longest time, it seemed like it was impossible to beat Walmart’s monopoly on the retail market, and though Walmart isn’t declining, their stock has been stagnating for over 20 years now. In the meantime, the Home Depot stock has grown 10 fold over the past decade itself. This video explains the story of Home Depot and how the Home Depot overtook Walmart to become the world’s most valuable physical retailer.

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Timestamps:
0:00 - Home Depot’s Domination
1:02 - Rough Beginnings
2:52 - Customer Service
4:59 - Mastering One Industry
6:56 - Thriving Against Amazon
8:40 - Reaping The Rewards

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