Home Depot Franchise Offers Discount
Posted on: 19/12/2006
The Home Depot commemorates veterans day by offering a 10 percent discount to U.S. military personnel company expands commitment to military community with Chem-Dry franchise opportunity.
The Home Depot(R), the world's largest home improvement retailer, today announced that the Company is offering all active duty personnel, reservists, retired military, veterans and their families a 10 percent discount off their purchases in honour of Veterans Day. The offer is valid on purchases of up to $2,000 for a maximum of $200 between Nov. 9 and Nov. 12, 2006, at The Home Depot stores, The Home Depot Floor Store(R) locations, The Home Depot Landscape Supply(R) stores and EXPO Design Center(R) locations.
In addition, Chem-Dry(R), the nation's largest carpet cleaning franchise system and a division of The Home Depot, announces its participation in the Veterans Franchise Initiative (VetFran), a program of the International Franchise Association(R), in order to make small business ownership more easily available to those who have served our nation. Through this program, qualifying veterans are eligible for a 10 percent discount off the initial Chem-Dry franchise fee.
"This Veterans Day we will honour the brave men and women who are serving and who have served our country in the military ensuring many of the freedoms and comforts we enjoy each day," said Bob Nardelli, chairman, president & CEO of The Home Depot. "We want to support these heroes as they look to the future, whether it be to improve their homes or in looking for opportunities once they've completed their military service. The in-store discount and the participation of Chem-Dry in the VetFran program are our ways of showing our support and appreciation for their service."
To qualify for the 10 percent discount at The Home Depot stores, individuals must present proof of military service to the Special Services desk at any The Home Depot store, where they will receive a coupon that is redeemable at any cashier's checkout register. Discount coupons are valid on a single receipt, in-store purchase only. Details and exceptions are printed on the coupon.
Both the in-store discount and the participation of Chem-Dry in the VetFran program extend the overall commitment of The Home Depot to supporting the military community. In 2006, The Home Depot has been recognized as the Disabled American Veterans Large Employer of the Year, and with The President's National Hire Veterans Committee Chairman's Award.
The Company is the largest retailer with a General Services Administration (GSA(R)) Schedule contract and is one of the largest suppliers of building, repair and maintenance products available to the military and all federal agencies through GSA's Hardware SuperStore Multiple Award Schedule program. In effect since July 1, 2003, the GSA Schedule contract makes it easier for The Home Depot and the military to do business together by offering federal procurement customers a more streamlined procurement process.
Other examples of The Home Depot's commitment to the U.S. military include the launch of Project Homefront in 2003, through which The Home Depot donated $1 million and 1 million volunteer hours to help military families with home repairs while their loved ones were deployed. In July 2004, a $1 million donation in tools and supplies was made to support U.S. troops in the rebuilding effort in Iraq.
In September 2004, The Home Depot joined forces with the U.S. departments of Defense, Labor and Veterans Affairs to launch Operation Career Front(SM), an unprecedented program designed to provide career opportunities for America's military personnel interested in transferring their unique skills, knowledge and abilities into a successful second career. That year the Company was honoured with the No. 1 ranking in G.I. Jobs magazine's Top 10 Employers for Military Personnel, and in 2005 received the No. 4 ranking. From 2003 to 2005 The Home Depot has hired 43,000 former military personnel.
Since the beginning of Operation Enduring Freedom and Operation Iraqi Freedom, The Home Depot has had as many as 1,800 of its associates called to active duty. Beyond making sure these associates have a meaningful job when they return home, The Home Depot equalizes pay between associates' military salary and their potential salary at The Home Depot. Health benefits also are extended to all deployed associates and members of their families.
In 2005, The Home Depot received several commendations for the Company's military programs, including a Distinguished Service Award from the Military Officers Association of America(R) (MOAA(R)); a USO Patriot Award from the United Services Organization (USO(R)) Council of Georgia; a Most Distinguished American Award from the Marine Corps Law Enforcement Foundation; a Most Supportive Employer Award for The Home Depot Canada from the Canadian Forces Liaison Council; and a commendation for support of active duty, national guard and reserve military personnel through the Project Homefront initiative from The American Legion(R).
The Home Depot(R) is the world's largest home improvement specialty retailer, with 2,109 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, 10 Canadian provinces and Mexico. Through its HD Supply(SM) businesses, The Home Depot is also one of the largest diversified wholesale distributors in the United States, with nearly 1,000 locations in the United States and Canada offering products and services for building, improving and maintaining homes, businesses and municipal infrastructures.
In fiscal 2005, The Home Depot had sales of $81.5 billion and earnings of $5.8 billion. The Company employs approximately 355,000 associates and has been recognized by FORTUNE magazine as the No. 1 Most Admired Specialty Retailer and the No. 13 Most Admired Corporation in America for 2006. The Home Depot's stock is traded on the New York Stock Exchange and is included in the Dow Jones industrial average and Standard & Poor's 500 index.
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