Quote Originally Posted by harsas View Post
Great story Old Dude, but unfortunately it is not true. The Home Depot was started by three executives from another home improvement chain (name escapes me, I believe it was a chain out west) that quit their jobs to start the new company. They had a better idea, and indeed HD was a better company until the last of the original three sold off his shares after the other two passed. That change came about roughly 8-10 years ago and some of you who frequent the HD may remember a time when they all of a sudden turned evil. That's what happens when a company gets taken over by bean counters.

As for Lowe's, it grew out of a smaller home improvement store, again I don't remember the name. I cannot say for sure, but I doubt its origins had anything to do with the original HD three, as that was not the store it grew out of...

Still, I enjoyed your story and I do share your preference for Lowes. Of course, they have been going downhill (less inventory and worse service) in the past 6 or 7 years too...
The Home Depot was founded in 1978 by Bernie Marcus and Arthur Blank. Along with investment banker Ken Langone and merchandising guru Pat Farrah



https://corporate.homedepot.com/ourc...s/default.aspx