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54-year-old Home Depot rival closes store, no bankruptcy
Yahoo Finance· 2026-03-23 20:07
Retailer-owned hardware cooperatives True Value Hardware and Ace Hardware have struggled to compete with the giant home-improvement retailers Home Depot, Lowe's, and Amazon, and in some cases, their chain stores have lost the battle and closed businesses. Home Depot dominated the home improvement sector with 28% of the market in 2025, with Lowe's capturing 17% of the market and Amazon generating 11% of the sector's sales, according to the Numerator Home Improvement Tracker. Economic issues, such as the ...