Industry Analysis & Industry Trends
Home improvement stores are starting to recover as consumers invest in renovations and remodeling again. Improvements in consumer sentiment, disposable incomes and housing markets have boosted purchases of industry products, but intensifying price competition and the continued dominance of the industry's top players may threaten profit. In addition, the do-it-for-me market offers an opportunity for growth, particularly for operators that provide additional services, such as installation... purchase to read more
Industry Report - Starting a New Business Chapter
The Home Improvement Stores industry has moderate barriers to entry. A high degree of market concentration by the industry's top two firms, as well as the high start-up costs necessary to enter the industry may inhibit the creation of new businesses. But given that the industry is particularly labor-intensive, the relative availability of labor keeps the barriers to entry at a medium level, as do overall low levels of regulation in the retail industry.
This industry has a high level of industry concentration with the top players expected to account for more than 90.0% of the available market share in 2015. The industry's two largest companies collectively operate nearly 3,700 stores across the United States... purchase to read more