The 2020 Mid-Year Economic Update_long

Home Depot Wholesale Division Officially Branded HD Supply””


The Home Depot’s, Atlanta, GA, fast-growing family of wholesale distribution businesses will be united under the common brand HD Supply. In the coming months, each HD Supply business will transition to the name HD Supply, including Hughes Supply, and recent buys Edson Electric Supply and Grafton Utility Supply


 


‘The HD Supply brand represents the rich legacy of each company in our division and the expanded opportunity afforded to our customers as a result of The Home Depot’s financial strength, supplier relationships and value-add marketing opportunities,’ said Joe DeAngelo, executive vice president/president, HD Supply. A common brand enables us to showcase our unique ability to provide end-to-end solutions for our customers.”


 


Throughout the coming months, each HD Supply business will be transitioning to the new brand identity and reaching out to customers to communicate the change.


 


HD Supply serves professional customers of all sizes including contractors, municipalities, builders, government entities, industrial businesses and maintenance professionals with a continuum of products and services, from infrastructure and construction to maintenance, repair and remodel.


 


The organization has nearly 1,000 locations across the United States and in Canada, and over 26,000 associates, with projected 2006 sales of $12 billion.


 


‘We’ve stated our strategy of repeating on the professional side the same type of industry transformation The Home Depot pioneered in the do-it-yourself retail space,’ said DeAngelo. ‘The combined strength of HD Supply provides the solid platform to get us there. After building leadership positions in a broad range of offerings over the last few years, we are now aligning each business under a single entity capable of providing a complete range of solutions. We plan to draw on the expertise of our combined $69 billion supply chain and best practices to provide professional customers an unmatched supplier relationship.’


 


The family of HD Supply businesses provides products and services in the following platforms:




  • Infrastructure: Products and services to construct and support the public works systems for residential and commercial projects


  • Construction: Interior and exterior structural building components for residential and commercial projects, primarily serving plumbing, electrical, mechanical and general contractors; homebuilders; industrial companies; original equipment manufacturers; and commercial businesses


  • Maintenance: Products and services for the routine maintenance, repair and operations (MRO) needs of multifamily housing, hospitality, healthcare, government and industrial facilities


  • Repair/Remodel: Home improvement products and building materials, serving the consumer, professional handyman and light remodeler markets

  • Home Depot Supply reported 325% sales growth in the second quarter, thanks to its rapidly expanding base of newly acquired wholesale businesses. Sales at HD Supply were $3.38 billion for the quarter or 13% of Home Depot’s overall $26 billion in sales for the period. The Home Depot Supply reported $2.1 billion in first quarter 2006 sales, putting its year-to-date sales at about $5.4 billion.


    HD Supply’s year-over-year organic growth was 12%.

    Related Links:
    HD Supply’s New Web Site
    HD Supply Brand Presentation
    Home Depot Supply Acquisition History

    About the Author
    Leave a Reply

    Leave a Comment

    Sign Up for the MDM Update Newsletter

    The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

    By subscribing, you are agreeing to MDM’s Privacy Policy.

    2

    articles left

    Want more Premium content from MDM?

    Subscribe today and get:

    • New issues twice each month
    • Unlimited access to mdm.com, including 10+ years of archived data
    • Current trends analysis, market data and economic updates
    • Discounts on select store products and events

    0

    articles left

    This is your last free article

    Subscribe to MDM Premium today and get:

    • Unlimited access to MDM.com
    • 1 year digital subscription, with new issues twice a month
    • Trends analysis, market data and quarterly economic updates
    • Deals on select store products and events

    1

    article
    left

    You have one free article remaining

    Subscribe to MDM Premium to get unlimited access. Your subscription includes:

    • Two new issues a month
    • Access to 10+ years of archived data on mdm.com
    • Quarterly economic updates, trends analysis and market data
    • Store and event discounts

    To continue reading, you must be an MDM Premium subscriber.