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Home Depot takes over the online retailer The Company Store

The Company Store, today an online retailer of textiles and home décor products,  was founded in 1911.

The Company Store, today an online retailer of textiles and home décor products, was founded in 1911.

Home Depot announced today that it has acquired The Company Store, a leading online retailer of textiles and home décor products, from Hanover Direct.

The reason Home Depot gives for the acquisition of the traditional company, which was founded in 1911, is the fact that, in addition to its success as an online retailer, The Company Store also has strong relationships and industry leading capabilities in the development and sourcing of high quality textiles across bedding, bath, and related categories. The takeover does not include The Company Store's five retail locations.

"The acquisition of The Company Store provides product development and sourcing capabilities to help us expand our online décor business into broader categories across the entire home," says Craig Menear, chairman, CEO and president of The Home Depot.

|27 December 2017


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