Home Depot’s Spending Big To Catch Up To Amazon

3

Home Depot plans to invest $1.2 billion over the next five years to increase its supply chain and distribution abilities in an effort to keep disruptors like Amazon out of its home improvement market, reports the Wall Street Journal’s Jennifer Smith.

The $1.2 billion investment will go toward 170 new distribution facilities in the U.S., which will allow 90% of the country to have same-day or next-day delivery by 2020, writes Smith.

The investment is part of a larger $11 billion plan announced in December 2017 to deflect Amazon and Lowes.

Read more at AXIOS.

{Matzav.com}

 

3 COMMENTS

  1. I think they will have to start with their personnel first in the stores, I was there, and talk about avoidance, they were too busy being too busy, so I went to Lowes and 2 people talked to me immediately and I bought what I needed. Maybe they are good on the internet and don’t have to see people, but????

LEAVE A REPLY

Please enter your comment!
Please enter your name here