Ten years ago next week, in our Feb. 4, 2013, edition of our Hardlines Weekly Report, we revealed some statistics from our Hardlines Retail Report (which gives market share and estimated retail sales—and a whole lot more—for the home improvement banners in our industry).
We reported in that February 2013 issue that big boxes had a 20.5 percent market share of the retail home improvement industry.
Last year, in the 2023 version of the Hardlines Retail Report, big box market share had increased to 28.2 percent. That means that the big boxes in our industry have grown their market share approximately 38 percent over the past decade. Still, 71.8 percent of our industry is still outside the control of the big boxes.