David Rosenthal
speaker
40,888 appearances
64 recordings
4 series
first heard Aug 2022
last heard 14 Sep
David Rosenthal’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 12 in all, peaking in Oct 2025 with 3.
Appearances
Problem number two, we didn't talk about this as much in the model because it didn't survive the early days, but part of the philosophy of Home Depot as it was getting built was radical decentralization.
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Yep, yep.
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But as Home Depot scales...
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The benefits of doing that really start to get outweighed by what you're leaving on the table
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economies with purchasing power if you were to centralize your merchandising organization.
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From your suppliers if you've got 57 different regional or even store level buyers negotiating with them.
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Right.
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There wasn't even an opportunity to do national buying for hardware before Home Depot because nobody was buying nationally.
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Like, sure, absolutely.
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There were still regional differences in what like Arizona needed versus what Alaska needed.
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But like a table saw is a table saw.
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You don't need different table saws for different parts of the country.
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Yeah.
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So that's two.
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And then three, the market is changing.
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As we get into the end of the 1990s and into the early 2000s, the U.S.
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housing market is rapidly inflating.
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This is everything that would lead to the financial crisis and the subprime crisis.
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Yes.
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Yes.
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Showing 1141–1160 of 40,888 · page 58 of 2045
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