Hardware stores or home improvement stores are large specialized retail stores that offer construction and finishing materials, different equipment, as well as products for houses and gardens. The modern retail of construction and finishing materials was formed under the influence of the DIY trend (do it yourself). This trend expanded after the Second World War when the shortage of workers and experienced funds for construction services did not allow to repair the devastation of the war at a rapid rate. In the 1970s, the idea of DIY stores as a consumption segment was further developed in the US market. UU to replace the appropriate existing trading options only for professionals.
In modern ferreter and hypermarkets, household items are presented both for general construction work and for repairs, as well as to decorate and repair works of premises and gardens. Depending on the specialization of a particular distribution network and the size of the store, the range of products varies: fastening accessories, steel products, handheld and energy equipment, abrasives, electrical and plumbing products, chemical materials, paints and varnishes, detergents and gardening tools. So, what are the largest hardworking networks in the United States today?
- Home Depot Stores
This US trade network sells various construction materials and different tools for repair works and is the largest DIY retailer in the world.
Home Depot has an annual turnover of $ 74.8 billion.
The company’s headquarters is located in Vinings, GA.
More than three hundred thousand employees work for this company at present.
The chain operates 2,144 warehouses and massive stores in the US. UU, Canada, Mexico and China.
Home Depot is responsible for its customers who prefer to improve their homes and homes with their own hands.
Offering tools and improvement materials for home, this commercial giant promotes its interconnected retail concept. During the period of its development, the company faced a business environment that changes rapidly and a tough competition with similar companies. In addition, your online store began to grow recognition among potential customers due to more competitive prices, transparency and additional opportunities. In addition, its marketing channels and interaction communication points continued to change.
Have a goal of successfully competing in the market, the company’s administration had to take measures to attract customers by various promotional activities, which makes the purchasing process faster, especially during busy hours, and maintaining Long-term emotional relationships with customers. During the last decades, Home Depot has successfully provided technical support for people and owners of small businesses. That mostly include construction and remodeling of works using high reliability elements.
- Lowe Home Improvement Stores
Lowe’s is an American retail corporation that has a chain of 1,616,000 home improvement stores, which are in all the US. UU and Canada.
The company was founded in 1946 in North Wilkesboro, North Carolina.
Now, its headquarters is located in Mooresville, North Carolina.
Nowadays, the billing of the company is $ 50.5 billion per year.
Its commercial services are offered to more than 14 million customers per week.
Along with the products, material and regular tools to buy, the company also promotes services to contractors according to MRO (maintenance, repair and operation), which offers a wide variety of MRO products with a delivery to the site within one or two days . Using wholesale packets of contractors, Lowe’s can provide decent discounts on products that regular customers use most of the time, including nails, sealants, coaxial cables and wiring materials.
- Menard stores
It is the largest non-public data chain of home improvement items in the US. UU., Which is lower only to Home Depot and Lowe networks in wholesale terms.
Nowadays, Menards is a retail business with annual revenue of $ 7.9 billion, and its actions are traded in stock exchanges.
Menard stores were recognized as the most customer-oriented retail sites.
The company is headquartered in Eau Claire, Wisconsin and operates 305 stores in 14 American states.
The success of Menards would have been impossible without the precise vision of the business and an authoritarian management style of John Menard, the founder of the company. The strict principles of him predected the business growth of the company. At present, he is the richest businessman of Wisconsin with a capital of $ 11.2 billion, and ranks 41 on the list of richest Americans.
During the last 10 years, Menards has been considered a low-cost leader in the retail industry, which offers household items, materials and tools. It is known for a vast variety of offers and special daily discounts. While Menards offers different items to improve home, it also sells food products and personal care.
- ACE Herier Stores
This American store network offers several items and household products. His main office is based in Oak Brook, IL, USA. UU The story of the brand began in 1924 when several owners of small household appliance stores decided to create a corporation. After more than 90 years, the ACE Hardware brand is still developing and growing successfully. The first time that the billing of this chain reached $ 1 billion in 1985. By 2019, the Company operated 17 distribution centers in the US. UU, as well as 4,800 retailers in 60 other countries.
It is the world’s largest equipment commercial company and the largest non-food US retailer who provides impeccable service and offers its customers a variety of products for their homes, gardens and adjacent territories. Here, you can buy electrical power tools, plumbing products, lighting, gardening and much more. In general, the range of offers in ACE hardware stores is very diverse and includes more than 12,000 different items. Now, the company actively promotes its products for both professional builders and those who are new to repairs or remodeling.
- Shops of the best corporation.
The company “MAKE BETTER”, previously known as Hardware wholesalers, Inc., is known for its hardware, wood and construction materials.
Arnold Gerberding founded the company in 1945 in Fort Wayne, Indiana.
This retail chain has thousands of affiliates throughout the EE. UU and in 5 other countries.
Your total turnover is $ 3.2 billion.
Regular consumers find an alternative worthy of the largest hardware stores due to their policy to provide the same articles together with different offers and discounts focused by the client.
In our days, the company has focused more on online sales, which offers online purchase options for products previously available only in large home improvement centers. The Corporation is continuously investing in improving its quality of online sales by adding new products, expanding the categories of goods and better improving your customer service.