News | NRHA estimation 2018


Hardware retail of the US reaches a 5.5 per cent growth

According to estimates by Hardware Retailing, the publication of the North American Retail Hardware Association (NRHA), the hardware retail industry in the USA made sales of USD 394.0 bn in the year 2018, which is now drawing to a close. That would be an increase of 5.5 per cent. Almost a quarter - slightly more than USD 100.9 bn - is accounted for by market leader Home Depot, Lowe's reaches USD 68.6 bn. However included in these figures are also the international sales by these companies. Menards follows with considerable distance and sales of USD 10.0 bn.

In terms of sales channels there is the following breakdown: home centres represent USD 245.5 bn, lumber and building material dealers made sales of USD 97.7 bn and hardware stores USD 50.8 bn.

The NRHA estimates that the number of stores has practically remained the same compared to the previous year. Thus, there are currently around 19 250 hardware stores, 9 785 home centres and 9 730 lumber and building material dealers, so around 38 795 stores in total.

Two chains have been newly included in the analysis. The first is Tractor Supply with sales of USD 7.3 bn and 1 725 stores. It targets farmers and suburban customers with large gardens or yards and are frequently horse or pet owners. Its products include a wide range of basic hardware items, pet supplies, including horse needs, and work clothing.

Also listed for the first time is 84 Lumber with sales of USD 3.3 bn and 263 stores. This is a lumber and building materials retailer. Its showrooms are small and carry only a smattering of products. Its locations are usually on the outskirts of cities where land costs for its sprawling yards are less expensive.

|20 December 2018


Post a comment

* Please complete the areas marked in red correctly and in full!.

(will not be published)

* obligatory fields

Latest news

Kingfisher seeks a new boss

Kingfisher is looking for a new CEO. A press release by the company states that no decision has been taken yet as to the departure date of Véronique View news...

Hagebaumarkt chain grows in Germany by nearly two per cent

The Hagebaumarkt franchise chain in Germany increased its net external sales last year by 1.9 per cent to EUR 1.998 bn. At the end of the year, the View news...

DIY retail remains the second largest distribution channel for bathroom furniture

The DIY trade still continues to play a significant role in the distribution of bathroom furniture, mirror cabinets and illuminated mirrors. With a View news...

2018 DIY picture in Germany dictated by the weather

Sales in the home improvement sector in Germany increased by 1.6 per cent last year to a gross total of EUR 18.75 bn. Sales on the same store area View news...

Actual figures

Statistics Home Improvement Europe

Statistics Home Improvement
This brochure provides a competent overview of the situation in the Home Improvement sector in 31 European countries.

Order now!

6th Global DIY Summit 2018

Dachser, DIY-Logistics


Destination: The World

More than 1 100 participants came to the 6th Global DIY Summit in Barcelona. Here are the portraits of some of the most important companies that exhibited at the International Congress Exhibition.