Home Depot is a leading retailer of home improvement products and services which operates in North America and other regions. The company was founded in 1978 and has since grown to become one of the largest home improvement retailers in the world.
Home Depot owns several other companies and brands in addition to its retail stores. These help Home Depot offer more products and give a complete shopping experience.
Contents
- But What Companies Does Home Depot Own?
- Frequently Asked Questions
- What is the future of Home Depot’s acquisitions?
- How does Home Depot’s ownership of other companies impact employment and job opportunities?
- How does Home Depot ensure the quality of products and services from its acquired companies?
- Can I return products from Home Depot’s acquired companies?
- How does Home Depot’s expansion through acquisitions impact suppliers and manufacturers?
- Want to Know More about Home Depot?
- Final Thoughts
But What Companies Does Home Depot Own?
Let’s find out…
Compact Power Equipment
Compact Power Equipment is a leading provider of rental equipment for construction, home improvement, and other projects. The firm rents small and large power tools, generators, air compressors, and more. The company was acquired by Home Depot in 2017.
They provide an affordable and convenient alternative to buying your own equipment. With its extensive range of equipment and repair and maintenance services, Compact Power Equipment makes it easy for you to complete your projects, regardless of the size or scope of the job.
Interline Brands
Interline Brands is a distributor of maintenance, repair, and operations (MRO) products for a wide range of industries, including healthcare, hospitality, and education. It offers a comprehensive range of MRO products, including electrical and lighting supplies, plumbing and heating supplies, janitorial and cleaning supplies, and more. It was acquired by Home Depot in 2015.
The Company Store
The Company Store is a leading retailer of bedding and home textiles, offering a wide range of products, including sheets, comforters, towels, and more. It is known for its high-quality products, competitive prices, and exceptional customer service. The company was acquired by Home Depot in 2017.
Blinds.com
Blinds.com is a leading retailer of window treatments, including blinds, shades, and curtains. It offers a wide range of window treatments, including custom fittings. Shopping on the site is easy and convenient. In 2012, the company was bought by Home Depot.
HD Supply
HD Supply is a key subsidiary of Home Depot that serves customers in the maintenance, repair, and operations (MRO) market sector. The company offers a wide range of products and services that are needed to maintain and upgrade facilities in many different industries. It was acquired by Home Depot in 2020.
HD Supply has a large network of distribution centers. It is also famous for its expertise in low-cost sourcing and procurement. These help Home Depot improve its position in the MRO market and make it more competitive overall.
Redbeacon
Redbeacon is a platform for home services that connects homeowners with electricians, plumbers, and other types of handymen in their area.
The company was acquired by Home Depot in 2012. However, Redbeacon’s name was changed to “Pro Referral” in March 2016. Despite the name change, its offerings remain the same, making it easy and safe for you to connect with local service professionals, saving you time and hassle in the process.
US Home Systems
US Home Systems is a division of Home Depot that designs and installs custom home systems like audio and video systems, lighting control systems, home automation systems, and more. It offers a full range of services, from consultation and design to installation and support. Home Depot acquired US Home Systems in 2012.
Askuity
Askuity is a tech company that helps retailers and other businesses with advanced data analytics and demand forecasting. Home Depot acquired Askuity in 2019.
The companies cutting-edge technology helps Home Depot better understand customer behavior and demand patterns, enabling them to optimize product sourcing and inventory management. With Askuity’s advanced data analytics and demand forecasting solutions, Home Depot can make better decisions about what products to stock, when to stock them, and how much to stock.
This helps Home Depot improve its operational efficiency and reduce waste, ultimately leading to cost savings and increased profitability.
Frequently Asked Questions
What is the future of Home Depot’s acquisitions?
This will probably depend on a number of factors, such as market performance and profitability.
Home Depot has shown that it is willing to make acquisitions that help it grow its business and reach new customers. So, it is likely that they will continue to make acquisitions in the future.
How does Home Depot’s ownership of other companies impact employment and job opportunities?
It can have both positive and negative impacts on employment and job opportunities.
On the one hand, buying companies can lead to more job opportunities as Home Depot grows and hires people from the companies it buys. However, some jobs may be lost if the same tasks are being repeated and operations are merged.
Overall, though, Home Depot’s plans for growth and expansion are likely to lead to more jobs in the future.
How does Home Depot ensure the quality of products and services from its acquired companies?
Home Depot takes quality control very seriously and has set up systems to make sure that products and services from companies it has bought meet the high standards of the company. This means putting products through comprehensive testing and evaluation and keeping an eye on customer feedback to find any problems.
Home Depot also works closely with the companies it has bought to find ways to make its products and services better and make sure they still meet customers’ needs.
Can I return products from Home Depot’s acquired companies?
Yes, you can. Home Depot has a customer-friendly return policy that applies to most products sold in its stores and online, including products from its acquired companies.
If you are not satisfied with a product, you can return it for a refund or exchange, subject to the terms and conditions of Home Depot’s return policy.
How does Home Depot’s expansion through acquisitions impact suppliers and manufacturers?
On the one hand, it can give suppliers and manufacturers more business opportunities as Home Depot adds new products and takes on products from companies it has acquired. However, it can also lead to fewer suppliers and less competition, which could affect prices and the quality of products.
Home Depot has demonstrated a commitment to working closely with its suppliers and manufacturers. This helps ensure that products meet the needs of customers and are of high quality.
Want to Know More about Home Depot?
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Final Thoughts
In acquiring these companies, Home Depot has been able to increase the range and number of products it sells as well as its service offerings. Its goal has been to improve your shopping experience and the shopping experiences of other customers.
Whether it’s Compact Power Equipment for outdoor power equipment, Interline Brands for maintenance and repair products, The Company Store for home items, Blinds.com for window blinds, or HD Supply for home and industrial maintenance, Home Depot has a company to meet your every need.
So, why not check one of them out today?