Home Depot expands in Mexico

The Home Depot has opened four new stores in Mexico, bringing its store count in the country to 133.

The store locations are as follows: Gonzalitos in Monterrey, Nuevo León; Gómez Palacio in Gómez Palacio, Durango; Lázaro Cárdenas in Guadalajara, Jalisco; and Concordia in Apodaca, Nuevo León.

These new stores represent an investment and commitment to the communities where they are located, said the company.

For instance, to celebrate the opening of the Gonzalitos store, the company donated products to Back2Back México, a non-profit organization dedicated to serving the needs of orphaned and vulnerable children and their families.

“I am very excited to open four stores in Mexico,” said Jose “Pepe” Rodriguez, president of Home Depot Mexico.

“We are going for more. We want to be even closer to our customers and therefore we will accelerate our expansion plan and reach 150 stores in less than five years,” said Rodriguez.

Local officials joined the retailer’s leadership teams for board cutting ceremonies to celebrate the grand openings.

“I am convinced that The Home Depot’s best years in Mexico are yet to come,” said Rodriguez.

You may not know....

Home Depot was founded on June 22, 1979, in Atlanta, Georgia, by Bernie Marcus and Arthur Blank. They opened two stores on that date, 60,000 square feet each, stocked with 25,000 products each.

Today, the retailer has 2,300 stores in the U.S., Canada and Mexico, and employs approximately 500,000 associates. The typical store averages 105,000 square feet of indoor retail space and offers more than one million products.