We have become students of these phenomena.

Our alliance with AARP provides valuable insights into the critical 50-plus consumer segment. With the help of AARP, our newest workshops will address the specific interests of customers 50 and over.

Tom Taylor brings decades of company and retail experience to his new role. He has touched virtually every part of company and has in-depth knowledge of stores, products, associates, suppliers and customers. Tom has served in numerous leadership roles that have directly influenced merchandising and marketing efforts.

Home Depot, as part of its DNA, really responds to catastrophic events that take place.

Our initial direct cash contribution to the American Red Cross, The Salvation Army and other emergency management agencies was made to meet the immediate need of those affected communities. With Rebuilding Hope & Homes, we can channel the support of our large and loyal customer base to help fund the largest long-term rehabilitation and rebuilding project in our country's history.

This consolidation is an opportunity for Home Depot to better leverage operating efficiencies as we continue to grow our business,