MEXICO - The Home Depot, the number one home improvement store in Mexico, closed 2018 exceeding its business objectives, operating more than 120 stores in the country and reaching 61 consecutive quarters of positive growth in Mexico.
This year, it plans to invest MXN 1.95 billion to meet its growth expectations in the country. This includes the opening of new stores, the implementation of efficiencies in their logistics and the strengthening of their interconnected retail strategy, which seeks to offer the customer the best shopping experience, whether in the physical stores or in the online store.
“Our intention is to continue growing in Mexico, to generate quality jobs and continue innovating in the way of keeping in contact with the client. We want to help more and more Mexicans to realize their renovation projects in their homes, by offering the best products, with the lowest prices and with the level of service they expect from us,” said José Rodríguez Garza, President and CEO of The Home Depot México.
During 2018, the company strengthened its presence in the country with the opening of two new stores, the expansion of its multi-channel distribution centers and the complete renovation of its online store, which offers more than 25,000 items as Mexico's largest online catalog of home improvement products.
In 2019, projects will be implemented that will increasingly link physical stores with electronic commerce, as well as improving communication with customers and serving them at any time and from anywhere in a more agile and efficient manner.
The Home Depot is committed to the development of procurement in Mexico and year after year increases its commercial partnerships with national suppliers. Currently, more than 80 percent of its suppliers are local.