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The Home Depot, Inc., often simply referred to as Home Depot, is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals.
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Lowe's is the second-largest hardware chain in the United States (previously the largest in the U.S. until surpassed by The Home Depot in 1989) behind rival The Home Depot and ahead of Menards. It is also the second-largest hardware chain in the world, also behind The Home Depot but ahead of European retailers Leroy Merlin, B&Q, and OBI.
Daylin, Inc. was a major retail conglomerate based in Los Angeles and later Beverly Hills, California. Its best-known unit was Handy Dan Improvement Centers, which prefigured The Home Depot; the company also briefly owned London Drugs as well as Great Eastern, which gave rise to Linens 'n Things .
Home Depot's sales continued to soften in the first quarter as the nation's largest home improvement retailer was not only constrained by high mortgage rates and higher inflation for its customers ...
The chain expanded to 89 stores by the mid-1990s, becoming the sixth largest home improvement retailer in the United States. Although it outperformed competitors like Orchard Supply Hardware and Builders Square, it could not match the growth or pricing power of The Home Depot or Lowe's.
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