Home Depot to Open New Distribution Centers in Bid For More Pro Customers

By Will Feuer

The Home Depot said it will open four new distribution centers this year in a bid to capture more professional customers.

The home-improvement retailer said the new centers will expand its pro-focused ecosystem to Detroit, southern Los Angeles, San Antonio and Toronto.

"Pros need a partner with the right product, depth of product, fulfillment capabilities, sales support and management tools to help them get their jobs done," said Chip Devine, senior vice president of outside sales for Home Depot.

"Over the last several years, we have been investing to deliver a faster, more convenient, differentiated experience for our pros," Devine said.

The company said it has already opened similar pro-focused hubs across the U.S. and expects to have 17 of its top pro markets equipped with new capabilities for pros by the end of 2024.

The Home Depot and rival Lowe's are battling for new professional customers, as opposed to do-it-yourself customers.

Write to Will Feuer at [e-mail]

(END) Dow Jones Newswires

03-14-24 0851ET