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Jul 31, 2023 · General retailers like Walmart and Target, while not specialized, offer a broad range of home improvement items as part of their product lineup. The regional powerhouses — such as Menards, Home Hardware, ILDC, and Sodimac Homecenter — provide solid competition in their respective markets.
- Lowe’s
- Amazon
- True Value
- Ace Hardware
- Walmart
- Menards
- Target
- Home Hardware
- Costco
- Best Buy
Year founded: 1946 Headquarter: Mooresville, North Carolina Lowe’s is America’s second-largest home improvement retailer after Home Depot. The company offers construction products supplied by about 7,500 vendors worldwide. With over 300,000 employees and 14 million customers served per week, Lowe’s is a powerhouse in its own right. In fiscal 2021, ...
Year founded: 1994 Headquarter: Seattle, Washington Amazon is the world’s leading eCommerce retailer and one of the Big Five tech companies. The company’s online marketplace offers a wide range of products, including construction materials and tools. For the full year of 2020, Amazon’srevenue increased 34% to $386 billion. Amazon has rendered many ...
Year founded: 1932 Headquarter: Chicago, Illinois True Value is one of the world’s leading hardlines wholesalers. The company serves independent hardware retailers via 13 regional distribution centers and 4,500 stores in 60 countries. In 2020, True Value had more than 2,500 associates and generated $8 billion in revenues. Both True Value and Home D...
Year founded: 1924 Headquarter: Chicago, Illinois Ace Hardware is the world’s largest retailer-owned hardware cooperative. With 5,300 stores in 70 countries, Ace Hardware has more than double Home Depot’s locations. The company has 6,900 employees, with global sales topping $20 billion. Like Home Depot, Ace operates an extensive distribution networ...
Year founded: 1962 Headquarter: Bentonville, Arkansas Walmart is a big-box department store and the largest brick-and-mortar retailer globally. The retailer has more than 11,000 stores and over 2.2 million employees across 27 countries worldwide. In the fiscal year of 2021, Walmartgenerated $559 billion in revenues. Both Walmart and Home Depot offe...
Year founded: 1958 Headquarter: Wisconsin Menards is a retail chain that sells construction materials and home décor. This family-run company operates around 300 stores in 14 US states. In 2020, Menards had 45,000 employees and made $10 billion in revenues. Menards’ inventory matches Home Depot across the board, from generators to powered tools and...
Year founded: 1902 Headquarter: Minneapolis, Minnesota Target is one of the world’s largest discount retailers. The retailer offers home improvement products, furniture, home appliances, and more. In fiscal 2021, Target had 1,868 stores and generated $78 billion in revenues. Themain competitive advantage for Target over Home Depot is its low-cost h...
Year founded: 1964 Headquarter: St. Jacobs, Ontario, Canada Home Hardware is a privately held Canadian home improvement retail company. With over 1,100 stores, Home Hardware is Canada’s leading dealer-owned hardware. In 2020, Home Hardware had about 2,100 employees with annual revenue of $4.85 billion. Like Home Depot, Home Hardware offers lumber, ...
Year founded: 1983 Headquarter: Issaquah, Washington Costco is a members-only wholesale retailer. The wholesaler offers home improvement products, including furnishings, kitchenware, home appliances, and construction tools. In fiscal 2021, Costco’s annual revenue increased 17.7% to $192.05 billion. Costco offers high-quality products at affordable ...
Year founded: 1966 Headquarter: Richfield, Minnesota Best Buy is a consumer electronics retailer with 1779 stores in the US, Mexico, and Canada. The electronics specialist offers home appliances that rival Home Depot’s inventory. In fiscal 2021, Best Buyrecorded an 8.3% surge in revenue to $47.26 billion. According to Consumer Reports 2021, Best Bu...
- Lowe’s. Lowe’s is a U.S. retailer of home improvement and supplies, founded in 1946. It is headquartered in North Carolina and offers furniture, appliances, home improvement tools, and electronic products such as computers, software, etc.
- Ace Hardware. Ace Hardware is an American retailer of home improvement and supplies. Headquartered in Illinois, it operates more than 5000 stores in 60 countries.
- Menards. Menards is a chain of home improvement and supplies retail stores based in Eau Claire, Wisconsin. It employs about 45000 people in its 335 outlets throughout the U.S., with local branches and stores in 23 countries.
- Home Hardware. Home Hardware is a Canadian retailer of home improvement and hardware products with 2,658 employees across 138 stores. Home Hardware was founded in 1964 by Walter Hachborn as a family business located in St. Jacobs, Ontario.
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- Lowe‘s. Without question, Lowe‘s is Home Depot‘s biggest competitor. Lowe‘s offers nearly identical products and services in the home improvement space.
- Menard‘s. Founded in Wisconsin and concentrated in the Midwestern US, Menard‘s operates over 320 home improvement stores across 14 states. Menard‘s product selection closely mirrors that of Home Depot, from lumber and flooring to appliances, paint, and garden supplies.
- Ace Hardware. With over 5,300 independently owned hardware stores worldwide, Ace Hardware adopts a unique decentralized, local business model compared to corporate giants like Home Depot.
- True Value. Similar to Ace Hardware, True Value functions as a hardware wholesaler and retailer with over 4,500 affiliated stores, primarily in North America.
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Apr 30, 2023 · Which companies are the competitors of Home Depot? Introduction. Lowe's. Menards. Ace Hardware. Other Competitors. Conclusion.
May 12, 2022 · Amid the uncertainties surrounding the market, mega-cap retailers Walmart (WMT) and Home Depot (HD) should be able to deliver stable returns because of their pricing power, significant market...
Mar 7, 2024 · To protect its market share, Walmart has to fend off strong competitors like Amazon, Target, Costco, and Home Depot. [ 2] Table of Contents. Here is an in-depth analysis of Walmart’s competitors and alternatives: 1. Amazon. 2. Target. 3. Costco. 4. Kroger. 5. Alibaba. 6. Home Depot. 7. Best Buy. 8. CVS Health Corporation. 9. Walgreens. 10.
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