Domestic Depot versus. Lowe’s: What’s the Change?
Home Depot, Inc. (HD) and you can Lowe’s Organizations Inc. (LOW) have been the fresh monsters of the house upgrade retailer globe into the new U.S. for a long time, for each and every operating everything dos,2 hundred locations, per along with 100,000 square feet of retail area. Both retailers follow a similar field, but their branding and supply-chain actions are very different. Since 2020, the average Household Depot store features on 105,000 square feet of shut space and you will in the 24,000 sqft away from back yard for lawn products. Lowe’s stores are even huge, having the average enclosed place of about 112,000 sq ft and you may regarding thirty two,000 square feet away from lawn place.
Inside the 2019, House Depot operated 18 mechanical shipments facilities about You.S. plus one during the Canada. In comparison, Lowe’s operates fifteen mechanical local shipping facilities on the U.S. and you will 7 within the Canada. Whenever Family Depot introduced their modernization program in 2007, nearly all Lowe’s physical shipments locations have been already set up, offering credence into the impact one to Lowe’s had preferred a great logistical advantage on their competitor for many years.
Secret Takeaways
- Given that world’s earliest and you can next-prominent do it yourself shops, Domestic Depot and you may Lowe’s display of numerous parallels.
- It compete for a shared clients along side U.S. and Canada.
- Each other companies are purchased enabling customers to move effortlessly ranging from online and traditional channels.