Founded in 1971, Home Depot is the largest home improvement store in the nation. Consumers can find tools, building materials, appliances, and services at Home Depot. Cobb County, Georgia, is where the corporation is incorporated, and Atlanta is the mailing address.
All 10 provinces of Canada, all 32 states of Mexico, and Mexico City have big-box stores. They are also spread across the district of Columbia, Guam, Puerto Rico, and the Virgin Islands.
Furthermore, Home Depot owns Interline Brands (formerly The Home Depot Pro), which operates 70 distribution facilities in the United States.
which are the biggest Home Depot Competitors?
- Year founded: 1839
- Headquarter: New Bedford, MA
Berkshire Hathaway Inc. is an American global conglomerate holding corporation based in Omaha, Nebraska.
As a group, GEICO owns several companies, including Duracell, Dairy Queen, BNSF Railway, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, and Shaw Industries, among others.
Customers of this company can choose from diversified investments, property and casualty insurance, utilities, restaurants, food processing, aviation, toys, media, automotive, sporting goods, consumer items, and real estate as well as investment services.
- Year founded: 1946
- Headquarter: Mooresville, North Carolina
Founded by Lucius Smith Lowe on March 25, 1921, Lowe’s Companies, Inc., commonly abbreviated as Lowe’s, is an American home improvement retailer.
The firm, based in Mooresville, North Carolina, owns and runs a retail shop network throughout the United States and Canada.
For purchasing home appliances, Lowe’s is among the best alternatives to Home Depot.
At the beginning of February 2021, Lowe’s and its connected companies had 2,197 stores in North America. As of 2020, its revenue was 72.148 billion US dollars.
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— Lowe's (@Lowes) August 23, 2022
- Year founded: 1962
- Headquarter: Bentonville, Arkansas
The company is an international retail corporation based in Bentonville, Arkansas that operates a network of hypermarkets (also referred to as supercenters) and cheap department stores throughout the United States.
Founded in 1962 in Rogers, Arkansas, Sam Walton’s company is affiliated with Walton family. On October 31, 1969, the company became a Delaware corporation.
In addition to its retail warehouses, Sam’s Club also owns and operates a brand name store in Houston.
Walmart is a powerful competitor for Home Depot
Walmart operates 10,585 shops and clubs in 24 countries under 46 distinct identities as of April 30, 2022.
- Year founded: 1994
- Headquarter: Seattle, Washington
Based in Bellevue, Washington, the United States, Amazon.com, Inc. was founded on July 5, 1994, by Jeff Bezos. This company offers e-commerce, cloud computing, digital streaming, and artificial intelligence.
This company has been described as a “potent economic and cultural force among the world’s most valuable brands.” As of 2021, Amazon had revenue of 469.8 billion US Dollars.
Services provided by Amazon include Retail goods, Amazon Prime, Consumer electronics, Digital content (Amazon Studios, Amazon Games Studios, Amazon Luna), Amazon Video(Video Direct), Delivery(Groceries), Amazon Business, and many more.
- Year founded: 1924
- Headquarter: Chicago, Illinois
Ace Hardware is a home improvement and supply store in the United States. It is headquartered in Illinois and runs over 5000 locations in 60 countries.
The firm was created in 1924 and intends to employ over 30,000 employees globally by the end of 2021.
It uses its competitive advantages, such as product diversity across several categories and distribution channels, to deliver value-added services to clients, such as installation/repair.
Home Depot faces fierce competition from Ace Hardware.
It also offers a line of custom branded items that help it differentiate itself from competitors.
We headed to EGO's headquarters to get the scoop on thee EGO Power+ 750 Blower. ? Get the behind the scenes scoop on this must have power item for fall cleanup. ? We have more of the deets here: https://t.co/TaKErNwWTG. #AceHardware #TheHelpfulPlace pic.twitter.com/qOO7EtxlkQ
— Ace Hardware (@AceHardware) September 9, 2022
- Year founded: 1958
- Headquarter: Wisconsin
The firm was formed in 1960 as a family-owned business in Eau Claire, Wisconsin, and has grown to become one of the major hardware companies in North America.
Menards takes pride in its ability to deliver technical expertise and high-quality items at low rates. It has partnered with a robust network of suppliers to provide an efficient supply chain.
The firm exploits its competitive capabilities to provide a unique shopping experience for customers, such as more extensive product categories and broader retail locations.
— Menards (@Menards) May 30, 2022
- Year founded: 1964
- Headquarter: St. Jacobs, Ontario, Canada
Home Hardware is a Canadian home improvement store and hardware supplies company formed in 1964 as a family business in St. Jacobs, Ontario by Walter Hackborn.
Today, it is one of the largest hardware companies in North America. The business sells timber and building materials, indoor and outdoor power tools, garden supplies and equipment, plumbing and heating, generators and lighting, air conditioning and water treatment, kitchen cabinets and appliances, electrical accessories, and other items.
The Double Play Giveaway is back! Enter for your chance to win 1 of 10 @BlueJays VIP experiences and a $1,000 gift card from Home Hardware. https://t.co/VFpsUl8p0D#HeresHow #DoublePlayGiveaway #Contest pic.twitter.com/ONwCvBvAEC
— Home Hardware Stores (@home_hardware) July 20, 2022
- Year founded: 1932
- Headquarter: Chicago, Illinois
The True Value Company is a wholesaler based in the United States with over 4,500 independent retail outlets globally. It was started in 1948 by John Cotter in Chicago, Illinois, United States.
As a home improvement wholesale business, it is a leader and innovator since it provides consumers with items that are local and relevant to its area. True Value achieved more than $4.94 billion in retail sales in 2019.
Home improvement supplies, home appliances, tools, domestic hardware, plumber, construction materials, paint, plumbing, and equipment rental are among its offerings.
The most accomplished competitor to Home Depot is True Value.
— True Value (@MSTrueValue) September 12, 2022
- Year founded: 1956
- Headquarter: San Francisco, CA
Williams-Sonoma, Inc. is a publicly listed American cookware and home goods retailer.The company is based in San Francisco, California, in the United States.
The firm has 625 physical locations and distributes to over 60 countries, including brands such as Williams Sonoma, Williams Sonoma Home, Pottery Barn, Pottery Barn Kids, and many others.
The firm is one of the top e-commerce merchants in the United States, and it was recognized in the Fortune 500 for the first time in its existence in 2019.
- Year founded: 1902
- Headquarter: Minneapolis, Minnesota
Target Firm is a multinational retail corporation headquartered in Minneapolis, Minnesota. Retailer of a wide variety of goods, it is the ninth-largest retailer in the United States.
The Target discount chain began in 1962 as a part of Minneapolis’ Dayton’s department store. Target operates 1,931 stores in the United States and is ranked 37 on the Fortune 500 list of America’s leading companies by total revenue for 2020.
Beauty and Health Items, Bedding, Clothing and Accessories, Electronics, Food, Furniture, Games, Jewelry, and many more are among its products.
Target is a creative Home Depot competitor.
— Target (@Target) June 10, 2022
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