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The Home Depot was a significant sponsor for Joe Gibbs Racing in NASCAR from 1999 to 2014. Their arrival into the sequence coincided with Tony Stewart leaving the Indy Racing League to affix the NASCAR Cup Series. Stewart drove The Home Depot-sponsored No. 20 automobile for Joe Gibbs Racing till 2008, profitable 2 of his 3 collection championships within the car, and was succeeded by Joey Logano, who took the automobile to victory lane twice. After Matt Kenseth joined the team, The Home Depot’s standing because the No. 20’s primary sponsor was taken over by Dollar General, but the firm still served as its most frequent secondary sponsor through its Husky Tools division.
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Blake agreed to a much more conservative compensation package than Nardelli, which is very heavily dependent upon the success of the company. Although a longtime deputy to Nardelli at GE and Home Depot, Blake was stated to lack Nardelli’s onerous edge and as a substitute most popular to make decisions by consensus. Indeed, Blake repudiated many of his predecessor’s methods, and it has been reported that the 2 men haven’t spoken since Nardelli departed Home Depot. In 2006, the Home Depot acquired Hughes Supply the largest residence retailer within the United States for $three.2 billion. Hughes Supply was integrated into The Home Depot Supply to higher serve business-to-enterprise clients. The Home Depot Supply rebranded under the brand new name HD Supply in January 2007.