A Comparison Of Home Depot vs Lowe’s- Discover Which Is The Best Store To Shop In
- Both Lowe’s and Home Depot are top home-improvement stores in the United States that offer similar services in installation services and product workshops.
- Despite the fact that these two stores mostly sell similar products, it was evident that Home Depot is set to attract professionals such as contractors and interior designers unlike Lowe’s.
- Bank of America recently conducted a survey on millennials, which yielded that the better fraction prefer to do their home-improvement shopping at Home Depot.
- We eventually came to the conclusion that Home Depot had more positive points than Lowe's did.
Home Depot and Lowe’s have maintained the top ranks among the home-improvement stores based in the US for decades. They have a vast collection of products from lighting, painting, kitchen and bath fixtures to gardening tools and supplies. Some services such as same-day delivery, do-it-yourself workshops, installation services and store credit cards cut across both stores. Their return policies are also similar and they accept most items for cash or on store credit regardless of whether you have a receipt.
In terms of operation, Lowe’s has been in the field for roughly 30 more years than Home Depot. Lowe’s also slightly outnumber Home Depot with a total store count of 2,370 across North America as compared to Home Depot’s count of 2,284 stores.
Lowe’s typical store size is a bit larger than Home Depots. However, when Business Insider conducted its visit to both stores, they discovered that Home Depot was much larger than Lowe’s by a whole floor.
Each of the two stores target a different market. Home Depot tends to lean to professionals such as Interior Designers, Plumbers, Contractors and DIY-ers while Lowe’s focuses more on tech-lovers. Home Depot is the choice of most millennials according to Bank of America’s survey on 1,000 millennials where 64% chose Home Depot while only 28% preferred Lowe’s for Home-improvement shopping.
During the actual visit, Home Depot felt as a huge warehouse while Lowe’s felt more of a traditional retail store with bright and clear labels on their floor displays. Some of the most noticeable differences between Home Depot and Lowe’s are as below.
I made my first stop in the Flatiron District at a Home Depot store. It felt like a Warehouse fitted with an industrial lighting, high ceiling and a vast open space. To the left were basic household items while to the right was the beginning of their flooring department.
Home Depot had a marvelous selection with all types of flooring displayed in different styles and patterns. Each department had a reasonable number of employees to assist customers. From any point on the main floor, one could see endless aisles with appliances and fixtures, lightning displays and a small section for clearance.