Handy Dan Home Improvement Centers

3 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Dec 28, 2017 by Arthur Blank · across every show →

Everything said about Handy Dan Home Improvement Centers, oldest first

Dec 28, 2017 positive
Insight
Blank: Home Depot concept arose by defining an uncompetitive retail model
“Bernie had said, well, you know, if we were ever to leapfrog our own business, Handy Dan Home Improvement Centers, what kind of home improvement center store could we not compete against? And so we said we could never compete against the big warehouse, no fril…”
Arthur Blank Dec 28, 2017 ▶ 13:24 Live Episode! The Home Depot: Arthur Blank
Dec 28, 2017 neutral
Assertion Partly supported
Blank: Handy Dan and drugstore division were Daylin's only profitable units
“We were the only part of the company that was making any money, and they had a small home improvement center company in California called Handy Dan Home Improvement Centers. They were also making a little bit of money, but the rest of the company's all losing …”
Arthur Blank Dec 28, 2017 ▶ 6:52 Live Episode! The Home Depot: Arthur Blank
Dec 28, 2017 positive
Assertion Supported
Blank: Handy Dan was the most successful US home improvement chain
“Well, that company, Handy Dan Home Improvement Centers, was, and we operated kind of a traditional model, 40,000 square feet, 40% gross margin, 40 associates on the floor and it was by far the most successful chain of Home Improvement Center. Stores in the cou…”
Arthur Blank Dec 28, 2017 ▶ 9:55 Live Episode! The Home Depot: Arthur Blank
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