It is family-owned and has had the same ownership for over 40 years. HBH, Market Cap (USD): ITE, Country: This has led to an increase in demand for home improvement products and subsequently their price. WebBy: Olin Wade (Remodel or Move Stuff) How Home Depot Became the Worlds Largest Home-Improvement Retailer | WSJ The Economics Of The Home Depot is currently the largest home improvement retailer in the United States. Many major appliances can cost upward of a few thousand dollars, its often worth it to have a contractor come out and attempt to fix the appliance if its a simple repair. Available: https://www.statista.com/statistics/239783/sales-of-the-leading-10-home-improvement-chains-in-the-us/, Sales of the leading home improvement chains in the United States in 2020, Immediate access to statistics, forecasts & reports, Global home improvement market value 2020-2027, Sales of home improvement in the U.S. 2008-2025, United States: sales of home centers 2013-2025, United States: sales of DIY lumberyards 2013-2025, United States: sales of hardware stores 2013-2025, United States: top home improvement chains in 2020, by sales, United States: hardware store sales 1992-2021, United States: building material and garden equipment dealer sales 1992-2021, United States: paint and wallpaper store sales 1992-2021, DIY, garden & pets: top 5 online stores in the United States in 2021, by net sales, United States: top hardware and home improvement retailers 2020, by sales, Ace Hardware: revenue worldwide 2007-2021, United States: number of stores of leading home improvement retailers 2021, Home renovators in the U.S. 2020, by generation, Frequency of renovations among homeowners who renovated 2015-2020, Leading home improvement projects in the United States 2020, Cost of leading home improvement projects in the United States 2020, United States: kitchen remodel motivations 2020-2022, U.S. home and garden subcategories with most post-COVID-19 search growth 2020, Reasons for home improvement during the pandemic in the United States in 2020, Type of home improvement projects done during the pandemic in the U.S. in 2020, Common home improvement projects during the pandemic in the United States in 2020, Interior DIY projects done or planned during the pandemic in the United States 2020, Sources for U.S. consumers of obtaining home improvement information 2012, Share of consumer spending on home improvement in the U.S. 2012, by store type, Menards' revenue in the United States from 2010 to 2016, Leading walk-behind lawn mower brands in the U.S. 2012, by customer satisfaction, Favorite home improvement chains in the U.S. 2012, Market share of the big box industry in the U.S. 1992-2011, Size of the global garden mower market from 2018 to 2027, Coupon usage when shopping for home improvement products in the U.S. 2011, Coupon preference by consumers in the United States 2011, by type, Mean home improvements/repairs spendings in the U.S. 2007-2009, by project type, Sources used to fund most recent home improvement project in the U.S. 2014, by age, Share of consumer attitudes towards private label DIY products in Germany Q3 2018, Average cost of remodeling projects in the U.S. 2013, U.S. consumers hiring intention to perform home improvement plans 2014, Consumer spending on home improvement in Europe Q1 2015 - Q3 2018, Volume of residential renovation in Europe forecast between 2005-2023, Most used EIFS and STUCCO brands in the U.S. 2018, Home repair and improvement in Italy 2018, by area of intervention, Most used water heaters brands in the U.S. 2018, Growth rate of the DIY market in France 2016-2017, DIY and home improvement market in Canada, Sales of the leading home improvement chains in the United States in 2020 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports. Specialty contractors have a license to perform repairs and installations in a specific field. $56.6 M, Stock: The company owns many brands, including retail pharmacy chain CVS Pharmacy, pharmacy benefits manager CVS Caremark and Aetna, a health insurance provider. The Benefits Dewey: Make the Most of Your Lead Aggregator Talking Top 500: Chris Counahan, Chief Sales Officer, Landis: The Relationship Between Gross Profit, COGS, Overhead Yoho: Thriving, Not Just Surviving, in a Changing McCadden: Making the Future Happen for Your Remodeling Talking TOP 500: Charlie Gindele, founder of Renewal by Andersen of Orange County, Why SEO Never Works 5 Biggest Mistakes & How To Avoid Them, 10 Reasons to Commit to a Franchise or Dealership 2023 Franchise & Dealers Opportunities, FAST Remodeler Live Wins Jesse H. Neal Award Recognizing Outstanding Business Content, US Remodeler Index Shows Near-Term Optimism, 3% to 5% Growth for 2023, Festool Announces 50 Tour Stops and Dates. FBM, Stock: $34.7 M, Stock: FSKRS, Country: It operates around 100 company-owned branches and approximately 500 franchises across North America. Designers and architects can be contracted to design homes, additions and renovations that involve structural changes. Founded by brothers Karl and Theo Albrecht in 1946, today it boasts an estimated combined global turnover of more than 50 billion ($57.88 billion). iPhone 13's September 2021 release was no exception, however, many customers prefer to buy online. Information in this guide is general in nature and is intended for informational purposes only; it is not legal, health, investment or tax advice. The Home Depot and Tractor Supply reign in three and two states respectively. Independent contractors can enter into a contract to perform services but are not legally considered employees. It offers top brands in kitchen interior remodeling, expert designers and licensed installers. The contract might take some time to finalize, but it will be your reference point throughout the project. This is the list of the largest public listed companies in the Home Improvement Retail industry in the world by market capitalization with links to their reference stock. The American retail corporation is thought to be the eighth largest by revenue in the U.S. Home Depot is the largest home improvement retailer in the U.S., supplying tools, construction products and many more. Use the ranking page below in three ways. Hourly Rate $$$$$. QCode IT is a leading technology company founded in 2015 and based in Croatia. Almost 45% of department stores have curbside pickup facility. WhileMenards might not have quite the same amount of stores on the rest of this list, it has become a well-known Midwestern chain that holds its own against competitors like Home Depot and Lowes. Using the latest in home efficiency technology, Power Home delivers one-on-one service to help you improve your home. The U.S. National Retail Federation's (NRF) latest rankings show the industry's largest companies in 2020 still each boasted thousands of physical stores. Sales of the leading home improvement chains in the United States in 2020 (in billion U.S. dollars) [Graph]. Talking TOP 500: Charlie Gindele, founder of Renewal 10 Reasons to Commit to a Franchise or Yoho: Is Poor Pricing Impacting Your Net Profit? 1 spot on Bob Vila's 2022 Best Home Improvement Contractors of 2022 Ranking for "Best Bathroom Renovations." GLOBAL, Market Cap (USD): The Top 10 complaint categories are: Auto sales and repair: The federation said that consumers filed complaints about add-on products and services, bait-and-switch pricing and mechanical condition issues, among others. The type of home improvement contractor you need will depend on the size and scope of your project. $17.9 M, Stock: Jessica Render Updated: 03/11/2020 Fact Checked Deciding who handles your home improvement, remodeling or repair project is an important decision. Free shipping with delivery in as little as two days. 7450, Market Cap (USD): Chat with a ConsumerAffairs decision guide. CSB, Market Cap (USD): 8218, Country: Publix is one of the fastest-growing employee-owned supermarket chains in the U.S. Additionally, only public companies are considered for the ranking. WebBy: Olin Wade (Remodel or Move Stuff) How Home Depot Became the Worlds Largest Home-Improvement Retailer | WSJ The Economics Of The Home Depot is currently the largest home improvement retailer in the United States. Offers other tools, such as how-to articles and cost information. Unsubscribe easily. Three other fast-growing leaders in the space also rode the wave, pushing the industry forward in 2021. Includes damage protection guarantee up to $500,000. 2790, Stock: [Online]. Walmart is the world's largest company by revenue, as well as being the world's largest private employer, with 2.2 million employees. The Home Depot, currently the largest home improvement store chain in the United States, was founded in 1978, in Cobb County, Georgia. We analyzed a total of 13,444 stores from seven home improvement stores in the US. They primarily work with clients in the hospitality, non-profit, and real estate industries. Ace Hardware is the largest home improvement chain with 4,118 stores present in all 50 states. Top 500 2020 The 42nd annual ranking of the nation's largest remodeling firms based on remodeling revenue. Our content is intended to be used for general information purposes only. Led by CEO John Dupuy and backed by Audax Groups private equity division in Boston, Renovo in short succession has accumulated some of the industrys largest and best-known brands, among them Alure Home Improvements, East Meadow, New York; Dreamstyle Remodeling, Albuquerque, New Mexico; Woodbridge Home Solutions, Dallas; NEWPRO, Wilmington, Massachusetts; Remodel USA, Capital Heights, Maryland, and most recently Reborn Cabinets, Anaheim, California. At the start of the COVID-19 pandemic, people have been taking up more repair and remodeling projects themselves while hunkered down at home. "Leading Home Improvement Retail Companies Worldwide in 2021, by Sales (in Billion U.S. $958.1 M, Stock: It offers home improvement installation services,and tool and equipment rental. Connects homeowners and renters with home improvement specialists for free. Texas (3.7K) has the highest number of stores. This service is an online marketplace that connects homeowners to professionals in home repair, maintenance and improvement. Locations nationwide. Comprehensive exterior coating systems. Companies do not pay for placement on Forbes list rankings. California (307) has the highest number of Target stores. Israel, Market Cap (USD): The state with the most number of stores is in California (358), Florida (269), and Texas (223). ", Forbes, Leading home improvement retail companies worldwide in 2021, by sales (in billion U.S. dollars) Statista, https://www.statista.com/statistics/257965/sales-of-the-leading-home-improvement-retail-companies-worldwide/ (last visited June 04, 2023), Leading home improvement retail companies worldwide in 2021, by sales (in billion U.S. dollars) [Graph], Forbes, May 12, 2022. Chain stores may be in decline due to the growing prevalence of online shopping, but data suggests stores still play a pivotal role in today's retail world. $738.6 M, Stock: As a Premium user you get access to the detailed source references and background information about this statistic. 2908, Country: Depending on how big your renovation project is, you might consider hiring a general contractor to manage the construction site. "2022 will be interesting as competition returns and M&A [Mergers & Acquisitions] really takes off but with a very fragile supply chain making every decision dependent on having the product on hand before committing to shoppers.". $183.1 M, Stock: Based in California, it provides consumers with decorative stone, stone care products, stone slab, quartz slab and porcelain tile. Larger jobs may require multiple contractors to complete all aspects of the work, whereas smaller jobs might only require one specialty contractor you can easily manage yourself. At the same time, Leaf Home (No. Access to this website is subject to the Website Terms of Use, Contact Sales below or call Currently, you are using a shared account. You sign up for a free account, answer a few questions about your project and receive free estimates and contact information for any project you have. And in a significant strategic move, the company launched a technology division, Bylt, and acquired LeadPerfection, a customer-relationship management software that is used by many top companies in the industry. $52.1 M, Stock: Accessed June 04, 2023. https://www.statista.com/statistics/257965/sales-of-the-leading-home-improvement-retail-companies-worldwide/, Forbes. Team size 10-49. The company employs more than 450,000 people across more than 25 countries. Between February and April 2020 foot traffic rose at Lowes stores by 21%, this was at a time when retail visits and spending in the US collapsed. Manufactures and installs sunrooms and other modular additions, windows, doors and decking. Services include basement waterproofing, foundation repair, sump pump installation and more. 3199, Market Cap (USD): Zagreb , Croatia. Hutto is a former executive with Home Depot who at one point managed the retailers relationships with 5,000 local contractors. There are 1,727 Lowes stores across the US. TheScrapeHero Data Store tracks store closures and openings and publishes store location reports on, pharmacy store locations, urgent care locations, department store locations, fast food and restaurant closures and more location data analysis for location intelligence. Consumer Discretionary, Industry: You only have access to basic statistics. Insights in Brief Ace Hardware (4.1K) is the largest home improvement store chain in the US. Set up weekly check-ins, and walk through your home improvement or renovation project in person to see progress and discuss challenges. Best Buy is one of the leading providers of technology products, services and solutions in the U.S. Register here to receive Qualified Remodelers complimentary newsletters, delivered to your inbox, every Tuesday and Thursday. Leading home improvement retail companies worldwide in 2021, by sales (in billion U.S. dollars) [Graph]. There are 2,266 True Value locationsacross the US. They can help homeowners, builders and interior designers determine which product will work best for a particular project and how much will be needed. company names, trademarks or data sets on our site does not imply we can or will scrape them. We analyzed the locations of the top home improvement stores in the US Ace Hardware, True Value, Home Depot, Tractor Supply Company, Lowes, Menards, and Harbor Freight Tools. Top 500 2020 The 42nd annual ranking of the nation's largest remodeling firms based on remodeling revenue.