Sales per store of the Home Depot and Lowe's in 2018
The Home Depot and Lowe’s are two of the key retailers competing within the home improvement and do it yourself (DIY) industry in the United States. In 2018, each Home Depot store averaged about 49.4 million U.S. dollars’ worth of sales. Menards and Ace Hardware are other home improvement retailers in the United States.
Home improvement and DIY retail in the United States
The U.S. home improvement industry has grown steadily over the past years, with continued growth forecast for the coming years. The increasing average home improvement spend of U.S. homeowners highlights the fact that people are putting substantial sums of money into home repair, home improvement and remodeling projects. The Home Depot and Lowe’s dominate the U.S. market, with retail sales dwarfing those of Ace Hardware and Menards. Interestingly, Ace Hardware was the market leader in terms of the number of hardware and home improvement retail stores in operation throughout the United States, while Menards was the most satisfying home improvement retail store for customers.
Home improvement and DIY retail in the United States
The U.S. home improvement industry has grown steadily over the past years, with continued growth forecast for the coming years. The increasing average home improvement spend of U.S. homeowners highlights the fact that people are putting substantial sums of money into home repair, home improvement and remodeling projects. The Home Depot and Lowe’s dominate the U.S. market, with retail sales dwarfing those of Ace Hardware and Menards. Interestingly, Ace Hardware was the market leader in terms of the number of hardware and home improvement retail stores in operation throughout the United States, while Menards was the most satisfying home improvement retail store for customers.
