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31A - 1044 EAST FOURTH
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1/3/2012 4:40:26 PM
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4/11/2007 12:39:56 PM
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City Clerk
Doc Type
Agenda Packet
Item #
31A
Date
4/16/2007
Destruction Year
2012
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<br /> <br />· SUPPLY <br /> <br />WHOLESALE DIVISION OF THE HOME DEPOT TO BE BRANDED "HD SUPPLY" <br /> <br />Atlanta, September 25, 2006 - The Home Depot@, the world's largest home improvement retailer, today <br />announced that its growing family of wholesale distribution businesses will be united under the common brand HD <br />Supply'M. <br /> <br />"The HD Supply brand represents the rich legacy of each company in our division and the expanded <br />opportunity afforded to our customers as a result of The Home Depot's financial strength, supplier relationships and <br />value-add marketing opportunities," said Joe DeAngelo, executive vice president/president, HD Supply. "A common <br />brand enables us to showcase our unique ability to provide end-to-end solutions for our customers. Our goal is to <br />make it easier for customers to do business with us by providing reliable, efficient service for a larger scope of their <br />project needs." <br /> <br />The wholesale division has been operating at a group level under the HD Supply name for some time, but <br />each business has continued to operate under its existing brand. Thoughout the coming months, each HD Supply <br />business will be transitioning to the new brand identity and reaching out to customers to communicate the change. <br />While the brand names of all HD Supply companies will now be streamlined, each still has the same experienced <br />leadership and account teams that customers expect. <br /> <br />HD Supply serves professional customers of all sizes - including contractors, municipalities, builders, <br />government entities, industrial businesses and maintenance professionals - with a continuum of products and <br />services, from infrastructure and construction to maintenance, repair and remodel. The organization has nearly 1,000 <br />locations across the United States and in Canada, and over 26,000 associates, with projected 2006 sales of $12 billion. <br /> <br />"We've stated our strategy of repeating on the professional side the same type of industry transformation <br />The Home Depot pioneered in the do-it-yourself retail space," said DeAngelo. "The combined strength ofHD Supply <br />provides the solid platform to get us there. After building leadership positions in a broad range of offerings over the <br />last few years, we are now aligning each business under a single entity capable of providing a complete range of <br />solutions. We plan to draw on the expertise of our combined $69 billion supply chain and best practices to provide <br />professional customers an unmatched supplier relationship." <br /> <br />The family of HD Supply businesses provides products and services in the following platforms: <br /> <br />. Infrastructure: Products and services to construct and support the public works systems for residential and <br />commercial projects <br />. Construction: Interior and exterior structural building components for residential and commercial projects, <br />primarily serving plumbing, electrical, mechanical and general contractors; homebuilders; industrial <br />companies; original equipment manufacturers; and commercial businesses <br />. Maintenance: Products and services for the routine maintenance, repair and operations (MRO) needs of <br />multifamily housing, hospitality, healthcare, government and industrial facilities <br />. Repair/Remodel: Home improvement products and building materials, serving the consumer, professional <br />handyman and light remodeler markets <br /> <br />For more about HD Supply, visit www.hdsuoolvinc.com. <br /> <br />-ffiore- <br /> <br />VA 07-1 <br />EXHIBIT 4 <br />3''tA~17 <br />
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