The Home Depot reverses itself and announces intentions to seek Government business
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Posted 10:43AM on Monday, July 1, 2002
ATLANTA - The Home Depot , the world's largest home improvement retailer, today announced its intention to pursue federal government business. <br>
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The announcement marks a change in the<br>
company's previous policy, which precluded it from selling to any federal governmental agency or entity.<br>
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Home Depot said the decision to change its position was based on feedback from its associates, customers and a further evaluation of the systems and administrative requirements necessary to become a federal contractor.<br>
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"Home Depot has always listened to its associates and customers and responded accordingly," said Bob Nardelli, chairman, president and CEO of The Home Depot. "This time is no different. It is the right thing to do for our company."<br>
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"We've always supported the federal and local governments during emergencies and natural disasters through donations and volunteer efforts," said Bob Nardelli. "Now, we'll be able to support them as part of our regular<br>
business as well."<br>
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