What's Home Depot's Impact?
The announcement this month that The Home Depot has made its biggest foray yet into wholesale distribution with plans to buy Hughes Supply has created a stir. Will Home Depot Supply succeed and do to a largely fragmented wholesale market what it and the other big-box giant Lowe's did for do-it-yourself markets? Should industrial distributors be worried as HD inches closer to their market?
With many of Home Depot Supply's acquisitions happening in just the past year, distributors have yet to see much of an impact from HD's moves into waterworks, building materials and plumbing/HVAC distribution. And it's too early to tell how Home Depot will handle its increasingly diverse offerings.
The only thing that is sure: Home Depot Supply's growth in all ...