Home Depot Founder Arthur Blank: This Is the Most Important Question You Can Ask Your Employees

Arthur M. Blank, co-founder of The Home Depot, was introduced to the startup life as a kid. His father launched a mail-order pharmacy business out of the one-bedroom apartment the family of four shared in the Sunnyside section of Queens, New York. Four years later, darkness set in when Blank’s father died suddenly. His mother picked up the pieces of both the family and the family business. She plowed ahead and became a successful entrepreneur, ultimately selling the company.

“My mother used to say, ‘make decisions for the right reason and live with the consequences,'” Blank tells Inc. That’s why, for instance, he decided to delay the reopening of the Mountain Sky Guest Ranch, a dude ranch he owns in Montana, even though it typically runs at more than 90 percent occupancy and guests were yearning to return. “We knew that if we opened we would bring disease into the

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Many Retailers, From Belk To Home Depot, Retire The Annual Columbus Day Sale

It seems as though the annual Columbus Day Sales promotion has finally run its course. Retailers have largely abandoned the event. Once a profit generator for department stores and downtown shopping districts, the Columbus Day Sale has become a liability.

The depiction of an explorer who enslaved and brutalized native inhabitants of the West Indies brought Columbus front and center during recent demonstrations. Many no longer celebrate Columbus as a skilled navigator and the discoverer of America.

The controversy behind Columbus Day is nothing new and has been brewing for several decades. But after a year that included calls for social reform, the removal of statues and monuments, and retail sales declines and closures, 2020 became the year to retire the Columbus Day Sale.

Last

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Why a Winning $6B Value Fund Likes UPS, Walmart, and Home Depot Stock

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Jeff Kripke manages the the $6 billion Pioneer Fund.


Photograph by Tony Luong

Nearly a century before the idea of socially responsible investing took root, Pioneer Investments founder Phil Carret espoused the importance of investing in “good” companies, which at the time meant avoiding tobacco, alcohol, and gambling stocks. 

Today, sustainable investing has evolved to include a range of environmental, social, and governance factors—and the importance of investing with an ESG lens carries even greater weight in the digital age. “Companies spend billions of dollars building their brands, and all of that can go away when bad news goes viral,” says Jeff Kripke, the lead manager of the $6 billion

Pioneer Fund

(ticker: PIODX).

Kripke, 53, took the helm of Pioneer’s 92-year-old flagship portfolio in 2015 and updated its investment approach—reducing the number of holdings by more than half, to a recent 45, and making ESG factors a

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$1.5M Kirkwood home for sale was once a train depot

There’s a house for sale in Kirkwood with a unique past. Show Me St. Louis Host Dana Dean shows us how this piece of history is still chugging right along.

KIRKWOOD, Mo. — It was love at first sight for Don and Maria Kukla when they saw 1030 Barberry Lane in Kirkwood during a fundraising event 14 years ago.

Maria said, “My first reaction, walking up steps and seeing the stone and the tower was, ‘This is such an unusual place.’”

The weren’t planning on moving but next thing they knew, they were all aboard and became owners of a house that used to be a train depot.

Don said, “The history and grandeur of the place was just amazing.”

Maria said, “I’d never seen a house like this before.”

The Meramec Highlands Frisco Depot was built in 1891.

“And yet everything was restructured and rehabbed and added on to

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Google Chromecast hits Home Depot shelves ahead of official launch, report says

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We’re just two days away from the new Chromecast, but some people have been able to buy it already. 


XDA Developers

Two days before Google’s Pixel 5 event, the company’s rumored new Chromecast has been spotted for sale at Home Depot for $50. People on social media as well as tech site The Verge said they were able to purchase the still unannounced streaming device at the home improvement retailer. The receipt listed the new Chromecast as “Sabrina-Abbey Rock Candy,” the hardware’s codename, according to The Verge. 

Read more: Best streaming device of 2020: Roku, Apple TV, Fire Stick, Nvidia Shield and more compared

CNET has reached out to Google for comment, and we’ll update when we hear back.

The new device apparently isn’t available at all Home Depot locations, so

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The Home Depot is selling a new Google Chromecast that hasn’t been announced

Google’s Pixel 5 event is scheduled for this Wednesday, but some of the company’s other new gadgets are already appearing on store shelves. That includes its all-new Chromecast, which some savvy buyers have been able to purchase directly in-store from retailers like Walmart and The Home Depot over the course of the last week.

The Verge has purchased one such device from The Home Depot and can confirm the retailer is not stopping customers from checking out and taking the pre-release product home.

Not all stores appear to be selling the item; we tried two and only found the new Chromecast at a second location. And inputting the universal product code listed on the receipt into the retailer’s website returns no results, so it would appear you can only purchase it early in person.

The receipt doesn’t even say Chromecast

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Home Depot Has Long Dominated America’s Newest Pastime: Home Improvement Projects

It all started with a firing—a very foolish one.

In 1978, Bernie Marcus and Arthur Blank were executives at Handy Dan, a home improvement chain based in Southern California. Despite the business being very profitable, the pair had begun to tinker with a new idea. By lowering prices, they found, the stores’ volume shot up, making Handy Dan even more money. The executives had planned to implement that strategy systemwide, but they never got the chance. Corporate raider Sanford C. Sigoloff—who liked to call himself the “Skillful Scalpel”—took over the company, and deciding to save himself two salaries, got rid of Marcus and Blank.

That one decision probably prevented Handy Dan from becoming America’s home improvement leader. Instead, that honor would go to a place called The Home Depot.

Recruiting investment banker Ken Langone and retailer Pat Farrah, who’d run National Lumber and Supply Company, Marcus and Blank opened up

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Will a Housing Market Crash Affect Home Depot Stock?

Will the housing market crash again? Maybe. Many aspects of the economy are cyclical, and housing prices do occasionally fall. Is a housing crash imminent? That’s harder to answer.

Some have sounded the alarm on housing for good reason. Consider the famous Case-Shiller Home Price Index, an inflation-adjusted metric created by Standard & Poor’s tracking housing prices. The index’s value was 100 back in the year 2000 and had been close to 100 when applying the index’s criteria backward to the 20th century. But since 2000, it has risen above 180 on two occasions. The first time preceded the housing crash of the Great Recession.

The second time the Case-Shiller index exceeded 180 is right now. In reality, it passed the mark way back in 2016, and it’s currently around 215. So no need to panic: Crossing 180 doesn’t immediately flip a housing-crash switch. It just shows housing prices have

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