STOCK TITAN

The Home Depot Launches Military Moving Hub To Support Military Relocations

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

The Home Depot has launched a Military Moving hub to support military families with relocations, unveiled on Armed Forces Day. The hub provides tailored information to help military families save time and money during Personally Procured Moves (PPM), including a downloadable permanent change of station (PCS) checklist. With frequent relocations being a significant challenge for military families, this initiative aims to alleviate stress and offer convenience. The hub features moving truck rentals, boxes, décor, cleaning materials, and exclusive discounts, such as a 10% off benefit for active military, veterans, and their spouses. Additionally, Penske truck rentals are discounted by 15% for military personnel, and tax-free shopping is available through military exchange services. The Home Depot has pledged significant investments in veteran causes, totaling over $500 million since 2011, and plans to invest $750 million by 2030.

Positive
  • Launch of Military Moving hub tailored for military families.
  • Offers downloadable PCS checklist to simplify relocations.
  • Provides exclusive 10% discount for active military, veterans, and their spouses.
  • 15% discount on Penske moving truck rentals for military personnel.
  • Tax-free shopping through military exchange services.
  • Significant investment in veteran causes, exceeding $500 million since 2011.
  • Commitment to invest $750 million in veteran causes by 2030.
Negative
  • No specific financial benefits for The Home Depot shareholders mentioned in the PR.
  • Potential costs associated with maintaining the new hub and discounts.

Originally published on Built From Scratch

ATLANTA, GA / ACCESSWIRE / May 16, 2024 / In honor of Armed Forces Day, The Home Depot launched a new Military Moving hub designed to offer information tailored to military families to learn how to save time and money on their next Personally Procured Move (PPM), including a downloadable permanent change of station (PCS) checklist and more to the hundreds of thousands of active-duty military families who relocate every year.

Military families on average relocate every 2-3 years, with military retirees averaging six or more relocations over their military career. According to Blue Star Families' annual Military Family Lifestyle Survey, active-duty service members and military spouses consistently rank frequent military relocations and rising cost of home ownership as top quality-of-life issues accompanying service in the U.S. Armed Forces.

The Home Depot's new military moving hub is designed to be a one-stop-shop for all military relocation essentials. From moving truck rentals and boxes to décor and cleaning materials, the website is designed to help military families take the stress out of PCS. Families can discover how to save time and money on their next PPM with a downloadable military moving checklist, found at www.militarymoving.com.

"At The Home Depot, we hold a special place in our hearts for those who serve our country, and we appreciate the unique challenges and sacrifices military families face," said Erin Izen, senior director of Military Relations for The Home Depot. "Moving is stressful, and each PCS is different. Our goal is to make these moves go a little smoother for our military families." The Home Depot's Military Moving hub offers exclusive resources and shopping discounts to members of the U.S. Armed Forces and military spouses, including:

  • New Military Movers Hub: www.militarymoving.com is a new resource and support hub with information tailored to military families to learn how to save time and money on their next PPM, including a downloadable PCS checklist and more.
  • Military Discount Benefit: Active military veterans and their spouses enjoy 10% off eligible purchases every day, year-round, in stores and online.
  • Penske Moving Truck Rentals: Active military and veterans receive 15% off moving truck rentals with proof of valid military ID or veteran status at pickup. Penske moving trucks can be found at nearly 650 Home Depot locations across the United States, conveniently located near many military installations.
  • Military Exchange Services Partnership: Eligible members of the military community, including veterans, can shop tax free online with special pricing on major appliances sold by The Home Depot through the Army & Air Force Exchange Service and Navy Exchange.

The Home Depot employs approximately 465,000 associates, including tens of thousands of veterans and military spouses. Since 2011, The Home Depot Foundation has invested more than $500 million in veteran causes and pledged to invest $750 million by 2030. Learn more about The Home Depot and The Home Depot Foundation's investments in military families and veterans at www.homedepot.com/military.

Keep up with all the latest Home Depot news! Subscribe to our bi-weekly news update and get the top Built from Scratch stories delivered straight to your inbox.

View additional multimedia and more ESG storytelling from The Home Depot on 3blmedia.com.

Contact Info:
Spokesperson: The Home Depot
Website: https://www.3blmedia.com/profiles/home-depot
Email: info@3blmedia.com

SOURCE: The Home Depot



View the original press release on accesswire.com

FAQ

What is The Home Depot's Military Moving hub?

The Military Moving hub is a resource designed to help military families save time and money during relocations, including a downloadable PCS checklist.

What discounts does The Home Depot offer to military personnel?

The Home Depot offers a 10% discount on eligible purchases for active military, veterans, and their spouses, as well as a 15% discount on Penske moving truck rentals.

When was The Home Depot's Military Moving hub launched?

The hub was launched on Armed Forces Day, May 16, 2024.

What additional benefits does The Home Depot provide to military families?

Military families can shop tax-free through military exchange services and access special pricing on major appliances.

How much has The Home Depot invested in veteran causes?

The Home Depot has invested over $500 million in veteran causes since 2011 and plans to invest $750 million by 2030.

Where can military families find The Home Depot's military moving resources?

Military families can access resources on the Military Moving hub at www.militarymoving.com.

Home Depot, Inc.

NYSE:HD

HD Rankings

HD Latest News

HD Stock Data

402.71B
993.29M
0.07%
72.13%
1.13%
Home Improvement Retail
Retail-lumber & Other Building Materials Dealers
Link
United States of America
ATLANTA