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Home Depot hardware store rival files Chapter 11 bankruptcy
TheStreet6h agobearish
Home Depot hardware store rival files Chapter 11 bankruptcy

Home improvement and hardware store chains have battled lower sales in the last year as a sluggish housing market and consumers' reluctance to spend on renovation projects in uncertain times affects their business. Smaller hardware chains also face fierce competition from big-box stores, like Home ...

Another Home Depot hardware rival files Chapter 11 bankruptcy
TheStreet68d agobearish
Another Home Depot hardware rival files Chapter 11 bankruptcy

A challenging housing market and consumers’ reluctance to spend on renovation projects have impacted the hardware and home improvement retail sector, affecting giant retailers like Home Depot and Lowe's, as well as their smaller competitors, such as regional chain Chase Ace Hardware. The impact on ...

Home Depot rival hardware chain files Chapter 11 bankruptcy
TheStreet70d agobearish
Home Depot rival hardware chain files Chapter 11 bankruptcy

Independent home improvement chains face intense competition from major big-box retailers like Home Depot and Lowe’s, which has resulted in the smaller competitors having financial distress and, in some cases, filing for bankruptcy. Home Depot dominated the home improvement sector, ...