The success of Home Depot can be attributed to strategic management as well as its best practices. According to Barney and Hesterly, a good strategy is one applied and followed giving a firm a competitive advantage over its rivals by creating more economic value compared to its competitors. Home Depot’s strategy involves merchandising which entails promoting the sale of its products by presenting them in its 2,274 stores and retail outlets across the US, Mexico, Canada, Virgin Islands, Guam, China, and Puerto Rico.

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