Home Decorators Collection (HDC), which offers catalog and online sales of home décor merchandise, will become part of Home Depot Direct, the direct-to-consumer division of The Home Depot. Home Depot Direct provides home improvement and décor merchandise through in-store catalogs, mail-order catalogs and Web sites with delivery directly to customers' homes.
“Home Decorators Collection is an ideal strategic and operational fit for Home Depot Direct by giving us immediate sales and core skills to expand our direct-to-consumer platform,” Harvey Seegers, Home Depot Direct president said in a statement.
Gil Kemp, founder and president of HDC, will remain in his position, reporting to Seegers. Terms of the agreement were not disclosed.
The Home Depot® To Acquire Home Decorators Collection
May 10, 2006