Home Improvement Value Faceoff: Home Depot vs. Lowe’s [View article]
When the numbers are too close to call, do a reality check. You mentioned that you as a consumer don't like Home Depot. Guess what, other people probably feel that way. Don't discount the Customer Experience (think Wal-Mart vs Target or Circuit City vs Best Buy). The Customer experience is often the only point of differentiation between two very similar retailers that carry about 80% of the same products. The other thing, HD by virtue of its size is potentially more exposed to the housing downturn, the down hill ride is steeper for HD, Lowes on the other hand, still has room to grow, is more nimble and can re-tool itself a lot faster. Though I agree with you, either way, I am willing to waited out for bargain basement prices. Be patient, they will come.
Home Improvement Value Faceoff: Home Depot vs. Lowe’s [View article]
When the numbers are too close to call, do a reality check. You mentioned that you as a consumer don't like Home Depot. Guess what, other people probably feel that way. Don't discount the Customer Experience (think Wal-Mart vs Target or Circuit City vs Best Buy). The Customer experience is often the only point of differentiation between two very similar retailers that carry about 80% of the same products. The other thing, HD by virtue of its size is potentially more exposed to the housing downturn, the down hill ride is steeper for HD, Lowes on the other hand, still has room to grow, is more nimble and can re-tool itself a lot faster. Though I agree with you, either way, I am willing to waited out for bargain basement prices. Be patient, they will come.
Home Improvement Value Faceoff: Home Depot vs. Lowe’s [View article]
Home Improvement Value Faceoff: Home Depot vs. Lowe’s [View article]