The new Home Depot hardware stores would mean further competition for the independent hardware stores in the United States, as well as Sears' 255 freestanding hardware stores. Including about 70 Orchard Supply units, the Sears hardware stores generated $1.3 billion in sales last year.http://www.hardwarejournal.com.au/article.asp...
Seven years ago (1996) it made its most aggressive move to rebuild its fading hardlines image by buying Orchard Supply Hardware, at the time a highly successful 61-unit chain of large hardware stores in California. http://www.doitbestcorp.com/history/home.html
One of the most important facets of HWI's growth in the 1970s was the appearance of the home center. This type of retail store that joined the hardware business to that of the lumber and building supply retailer was unique to HWI from the late 1950s and can trace its lineage to the very beginnings of the company.http://126.96.36.199/search?q=cache:0_hlxnOUwH...
These new stores offer a sense of how fast Home Depot and Lowe's are growing compared to others in this market. The next largest home center, Menard's, Eau Claire, Wis., opened 11 new stores in 2003.
TOP 10 HOME CENTERS
1. Home Depot, Atlanta
2. Lowe's Companies, Mooresville, N.C.
3. Wal-Mart, Bentonville, Ark.*
4. Sears, Hoffman Estates, Ill.**