Supply House Times logo Supply House Times
search
cart
facebook instagram twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Supply House Times logo Supply House Times
  • NEWS
    • ASA NEWS
    • Company News
  • PRODUCTS
    • Interactive Spotlights
  • COLUMNS
    • Natalie Forster: From the Editor
    • Alicia Branham: Marketing Matters
    • Brad Williams: Succession Planning
    • Melissa Rasico: Luxury Plumbing Lounge
    • Letter from ASA President
    • Guest Columnists
    • Safety Columnists
  • MARKETS
    • Codes & Legislation
    • Heating & Cooling
    • Industrial PVF
    • Plumbing
    • Radiant & Hydronics
    • Solar Thermal | Geothermal
    • Technology
    • Women in Industry
  • BATH & KITCHEN PRO
    • Bath & Kitchen News
    • Bath & Kitchen Products
  • SPECIAL EDITIONS
    • B.I.G. Book Directory
    • Premier 150
    • Rep Locator Directory
  • MEDIA
    • Podcasts
    • Videos
    • eBooks
    • Webinars
  • RESOURCES
    • Radiant Comfort Report
    • Industry Calendar
    • Industry Links
    • Custom Content & Marketing Services
    • Market Research
    • Supply House Times Store
  • EMAG
    • EMAGAZINE
    • ARCHIVE ISSUES
    • CONTACT
    • ADVERTISE
  • SIGN UP!
News

March 23, 2007 - Home Depot Undecided On HD Supply

By Steve Smith
March 23, 2007
The Home Depot Inc. hasn’t reached any decisions to sell HD Supply, but it is rolling out additional retail marketing plans and store expansions.

The Home Depot Inc. hasn’t reached any decisions to sell HD Supply as it announced additional retail plans, including paying trade professionals $30 an hour to staff stores as well as building bigger and smaller stores.

“We have not decided one way or another what to do with the supply business,” said Frank Blake, chief executive, at a Merrill Lynch retailing conference in New York yesterday. He also added that the idea that the struggling retailer will definitely sell its wholesale operations is wrong.

The company has not said whether it has received any offers for HD Supply, although most speculation says the first round of bids may already be on Blake’s desk.

Since announcing the possibility of selling HD Supply, however, the company has continued to make moves toward the professional trades - even buying a chain of construction supply centers earlier this month to add to territory not well covered by HD Supply before.

The company has also said it plans to spend $415 million on “Own the Pro” professional customer marketing this year, including credit, direct ship and loyalty programs.

In other news at the retail conference, Home Depot outlined plans to invest in its 2,000-plus retail outlets and build additional stores:

  • The company will offer as much as $30 an hour to hire trade specialists for some of its retail stores.

    Although the company won’t say exactly how many professionals it may hire, Home Depot does intend to add 83,000 new employees by mid-year to staff its stores. The company interviews 350,000 people each year for store jobs.

  • The company will try out even bigger stores as well as much smaller stores.


Home Depot is currently building its largest store ever in Union, NJ, big enough to fit four football fields inside. The store is going up on the site of a closed Home Depot Expo Design Center. The superstore concept will attempt to merge the more upscale Expo merchandise with a regular Home Depot store. If successful, the company may build others in 50 top markets across the country.

Meanwhile, junior versions of Home Depot will soon open in the San Francisco Bay area.  These stores will be about half the size of the Home Depot’s typical big box. Late last year, Home Depot bought a local chain called Yardbirds, which are currently being converted into the new smaller Home Depots. The company already has plans to open two others in Georgia later this year.

“The marketplace for the traditional home improvement store is shrinking, and there’s not much we can do within that realm,” said Mike LaFerle, vice president of real estate. “We said we’re going to open 400 to 500 stores by 2010, so we have to look at multiple new designs as part of that.”

Share This Story

Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!

Steve Smith is Editor of Plumbing & Mechanical. He can be reached at 630/694-4339 or smiths@bnpmedia.com

Recommended Content

JOIN TODAY
to unlock your recommendations.

Already have an account? Sign In

  • Stock financial index show successful investment on property business and construction industry with graph and chart for presentation and report background.

    2025 predictions: Twelve trends supply houses should know

    As 2024 ends, I’ll review last year’s predictions and...
    Plumbing
    By: Brad Williams
  • Background of aerial view of Industrial container port part of shipping in nighttime with a blue overlay.

    2025 Next Gen ALL-STARS: Top 20 Under 40 PHCP-PVF Professionals

    The future of the PHCP-PVF industry is being shaped by a...
    Market Sectors
    By: Natalie Forster
  • Premier 150: The top PHCP-PVF Distributors of 2026

    Premier 150: The Top PHCP-PVF Distributors of 2026

    Combined revenue across this year’s Premier 150 once...
    Premier 150
    By: Natalie Forster
Manage My Account
  • eMagazine
  • Newsletters
  • Manage My Preferences
  • Online Registration
  • Subscription Customer Service

More Videos

Popular Stories

Jeff Dice

Built to Scale, Designed to Stay Local: Lessons From Winsupply at 70

Erin McCusker, Chief Impact Officer, LIXIL

LIXIL Elevates Impact Strategy to the Next Phase, Appoints Chief Impact Officer

Commercial outlook tech looking at pipes

Commercial Market Outlook: Retrofit Projects Lead the Way

2026 Premier Rankings

Events

December 30, 2030

Webinar Sponsorship Information

For webinar sponsorship information, visit www.bnpevents.com/webinars or email webinars@bnpmedia.com.

View All Submit An Event

Poll

Identifying Daily Time Loss Areas for Your Team

Where does your team lose the most time each day?
View Results Poll Archive

Products

The Water Came To A Stop

The Water Came To A Stop

See More Products

Download the FREE 2025 Water Conservation, Quality & Safety eBook

Download the Fifth annual Bath & Kitchen Pro eBook

Related Articles

  • March 14, 2007 - Home Depot CEO Apologizes For Poor Customer Service

    See More
  • PHCC Convention Adds Fourth Seminar

    See More
  • CSST Lawsuit Settled

    See More
×

Stay in the know on the latest PHCP-PVF industry trends.

Get tailored content delivered your way.

JOIN TODAY!
  • RESOURCES
    • Advertise
    • Contact Us
    • Directories
    • Store
    • Want More
    • Plumbing & Mechanical
  • SIGN UP TODAY
    • Create Account
    • eMagazine
    • Newsletter
    • Customer Service
    • Manage Preferences
  • SERVICES
    • Marketing Services
    • Reprints
    • Market Research
    • List Rental
    • Survey/Respondent Access
  • STAY CONNECTED
    • LinkedIn
    • Facebook
    • Instagram
    • YouTube
    • X (Twitter)
  • PRIVACY
    • PRIVACY POLICY
    • TERMS & CONDITIONS
    • DO NOT SELL MY PERSONAL INFORMATION
    • PRIVACY REQUEST
    • ACCESSIBILITY

Copyright ©2026. All Rights Reserved BNP Media, Inc. and BNP Media II, LLC.

Design, CMS, Hosting & Web Development :: ePublishing