Home Depot 2001 Annual Report Download - page 19

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17
Even as we divested stores in
Chile and Argentina due to
limited markets and economic
concerns, we concluded the
acquisition of TotalHOME in
Mexico.We continue to see
international markets as an
attractive area for growth.
building
our
future
FINDING NEW WAYS TO EXPAND OUR BUSINESS By growing
our logistics capability through crossdock transit facilities,
we bring new efficiency to our growing store base. Our first
transit facility in Philadelphia has been joined by new facilities
in California, Florida and Texas, and more sites are under
development. By 2003, The Home Depot expects to be
operating up to 15 of these facilities serving the majority of
our stores and providing cost leverage across the business.
Expanding
At The Home Depot,“e-commerce” stands for
“efficient commerce.”By routing web-based orders
through existing stores, we can offer 20,000 items
on a regional basis across the country. Each can
be pulled from the shelves, packed, and delivered
within 24 hours. From a small base, growth in
e-commerce continues to grow.
During 2001, we opened 11
stores in Canada, including
several bilingual stores in
Montreal.