How Many Home Improvement Contractors In The Us – For American consumers, home improvement stores have forged a unique path by providing quality products for home remodeling projects and imparting the know-how to make projects a reality. Home improvement and hardware product spending has been on a steady rise for a long time, with particular growth in demand. Due to the Covid-19 pandemic, consumers have focused on home improvement with additional time and opportunity for home projects and renovations. This has led to an increase in the demand for home improvement products and subsequently their price.
We analyzed the locations of the best home improvement stores in the US – Ace Hardware, True Value, Home Depot, Tractor Supply Company, Lowe’s, Menards and Harbor Freight Tools.
How Many Home Improvement Contractors In The Us
Ace Hardware is the largest home improvement chain with 4,118 stores in all 50 states. True Value has the second largest presence with 2,266 stores. Home Depot is third with 1,976 stores.
People Not Profit
Many home improvement chain stores are a one-stop shop for all home-related needs, from building materials to furniture, home decor, and accessories.
Ace Hardware has a state-of-the-art advantage over other competing chains. The chain is dominant in 37 states, most of which are in the western and central United States.
Lowe’s and True Value tied for second with the most stores in 4 states. Home Depot and Tractor Supply dominate in three and two states, respectively.
Ace Hardware, the largest home improvement store, has 4,118 stores in the United States. The states with the most stores are California (358), Florida (269) and Texas (223).
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Ace Hardware is the world’s largest hardware retail cooperative and the largest non-grocery American retail cooperative. J.D. According to Power, Ace Hardware ranks first in customer satisfaction, with customers preferring fast service and offline shopping compared to its competitors.
There are 2,266 True Value locations in the United States. The states with the most stores are California (358), Florida (269) and Texas (223).
There are 1,976 Home Depot stores in the United States. The states with the most stores are California (233), Texas (181) and Florida (155).
In terms of retail e-commerce sales, Home Depot ranks fifth behind Amazon, Walmart, eBay and Apple. Home Depot accounted for 47% of retail sales in the fourth quarter of 2019, the highest among competitors. The pandemic led to an increase in the number of people engaged in home improvement activities, which benefited Home Depot, sending the stock price up 15.5%. In 2017, Home Depot launched One Home Depot, a multi-year strategy with an $11 billion investment to create a frictionless connected shopping experience.
Home Renovation For The Pandemic
There are 1,921 Tractor Supply stores in the United States. The states with the most stores are Texas (212), Pennsylvania (98) and Ohio (96).
Tractor Supply Company is driving demand for summer seasonal categories and everyday goods, including consumer, utility and edible products. The company’s omnichannel investments include outside pickup, same-day delivery, next-day delivery, a relaunched website, and a new mobile app that contributed to increased digital sales.
There are 1,727 Lowe’s stores in the United States. The states with the most stores are Texas (142), Florida (126) and North Carolina (113).
At the onset of the COVID-19 pandemic, people are staying at home and working on more renovation and remodeling projects. Foot traffic at Lowe’s stores increased 21% between February and April 2020, a time when retail visits and spending in the U.S. collapsed. Lowe’s also better targeted younger homeowners through a marketing campaign aimed at millennials and expects to outperform Home Depot.
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There are 1,101 Harbor Freight Tools stores in the United States. The states with the most stores are California (358), Florida (269) and Texas (223).
Midwest chain Menards has 335 stores in 15 states. The states with the most stores are Illinois (60), Wisconsin (44) and Minnesota (40).
While Menards doesn’t have the same amount of stores as the rest of this list, it has become a popular Midwestern chain that holds its own against competitors like Home Depot and Lowe’s. Menards prides itself on being the low-cost leader in the home improvement industry and is known for its special deals and discount offers. Although primarily a home improvement retailer, Menards also sells food, mattresses and personal care products.
California is the state with the most home improvement stores with 1,042 stores. Florida (935) and New York (762) are next.
Home Improvement Industry Statistics [2023]: Trends, Spending, And Growth
In 2020, the home is where almost everything makes up the life of a typical consumer. With COVID-19 forcing almost everyone to spend more time at home, there’s no question that the collective shelter experience will have a lasting impact on consumer psychology. Given the current state of the industry, spending in the $900 billion home improvement sector will continue to rise. Over the next three years, its growth rate may even outpace the growth rate of new home construction.
Right now, consumer interest is in remodeling, and homeowners have supported that interest with increased spending at places like Home Depot and Lowe’s, as well as hiring contractors to do professional renovations. But it remains to be seen whether this enthusiasm will last into a prolonged US economic recession.
Data Store tracks store closings and openings and publishes store location reports, drug store locations, urgent care locations, department stores, fast food and restaurant closings, and more location data analysis for location intelligence. You can subscribe to our store data plans and get data sets such as store openings, store closings, parking availability, in-store pick-up options, services, subsidiaries, nearest competitor stores and more. If you’ve watched any HGTV. At some point in your life, show or if you’ve remodeled your own home, you’ve probably heard the word “contractor” thrown around. But what actually
Contractor? In short, a contractor is a design or construction professional you contract to perform a project on your home. While general contractors may be the most popular “type” of contractor, there are actually several subcontractors (as general contractors are often called, more specialized contractors who work alongside GCs) that you should be aware of as well. Check out our lists of the main types of contractors and subcontractors to figure out which one you should hire for your next home improvement project!
Tips For Hiring And Working With A Contractor For Home Renovations
Think of a general contractor as the manager of any building or renovation project. They are the ones responsible for hiring all the suppliers and specialists (a.k.a. subcontractors) to get the job done.
Carpenters are the woodworkers of a building project, some specializing in niches such as framing, cabinet making, or finishing such as crown molding. Oftentimes, general contractors work as carpenters because most reno projects involve quite a bit of wood.
Unless you’re going completely off the grid, you’ll probably need an electrician to wire your home. Besides general electrical systems like lighting and outlets, there are specialized categories for electrical contractors, including cable TV, fire alarm systems, and even sound equipment.
Drywall is actually what makes up a typical wall in a home (usually made of drywall), and there are subcontractors who specialize in installing it.
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Some walls are made of plaster, which is still commonly made of plaster today. Plastering a wall is a more laborious and time-consuming process than drywall, so there are plastering subcontractors who specialize in this technique.
Once your walls are up, you’ll need a painter to paint them! Although some homeowners choose to do this step themselves.
Going bold with patterned wallpaper on your walls? Hire a wallpaper installer to ensure proper application. (Or try a peel-and-stick variety yourself.)
Central heating and air conditioning is one of the blessings of newer homes, and there are heating, ventilating and air conditioning (HVAC) contractors who specialize in installing, repairing and maintaining everything from your furnace to your ductwork.
Home Improvement Magazine — Just H O M E
If you’re interested in installing stonework in your home, from marble countertops to stone pavers in your yard to a stone-clad fireplace, you’ll want to hire a mason.
While the roof may not be the first thing that comes to mind when doing a home renovation, chances are that if you’re a homeowner, you’ll need to replace your roof at some point. Your general contractor will hire a roofer for the job. Some roofers can also help you with your gutters.
If you’re building your home from scratch or building new additions, you’ll need to work with a backhoe to clear your soil in preparation for the foundation.
Demo day may be Chip Gaines’ favorite part of remodeling, but did you know there are subcontractors who specialize in demolition? They will help you remove everything that is not wanted in your home.
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Your yard needs some love, too—hire a landscaping contractor to plant new greenery or mulch your flower beds.
You are interested in using concrete as a decorative element in your home (for example, with a concrete floor).
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