The company houses exclusive third-party products like Ryobi and as well as house brands like Husky. The company also owns distribution and fulfilment centres. On average, a Home Depot store measures approximately 104,000 square feet of enclosed space and about 24,000 square feet of outside garden area, which is slightly smaller than the size of two football fields. It has over 2,300 stores across the U.S., Canada, Mexico, and three U.S. Listed on the New York Stock Exchange, the company offers a broad range of products, aiming to be a one-stop-shop for customers seeking building materials, home improvement products, lawn and garden items, and decor. Source: Open Markets Institute The Home Depot, Inc.įounded in 1978, The Home Depot is the largest low-cost home improvement retailer in the world. In this article, I will provide a detailed analysis of these two dominant players, who essentially form a duopoly in the home improvement market. Together, they held an impressive 81% of the home improvement retail market share in 2017. These companies have quickly gained market share in the industry, leaving competitors behind. When it comes to home improvement, most Americans likely think of two major stores: The Home Depot and Lowe’s.
