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The competitive scene in America has never been more challenging, especially in major metropolitan markets.
Over the past 25 years, Home Depot has invaded every major metro market with clusters of stores, putting smaller DIY chains and thousands of single-store operators out of business. Then, over the last several years, Lowe’s has mounted a strong challenge to the giant, opening 100 or more stores a year in those markets.
In many metropolitan markets now, consumers have their pick of shopping in as many as 50 or more big-box home centers, which puts continuing pressure on independent hardware retailers, lumber yards and DIY outlets.
Top 10 DIY multiples in the US 2003
Over the past 25 years, Home Depot has invaded every major metro market with clusters of stores, putting smaller DIY chains and thousands of single-store operators out of business. Then, over the last several years, Lowe’s has mounted a strong challenge to the giant, opening 100 or more stores a year in those markets.
In many metropolitan markets now, consumers have their pick of shopping in as many as 50 or more big-box home centers, which puts continuing pressure on independent hardware retailers, lumber yards and DIY outlets.
Top 10 DIY multiples in the US 2003
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