The home-improvement business is currently dominated by Home Depot and Lowe's, but that wasn't always the case.
Back in the day, there were far more national and regional chains in the market.When we talk about home-improvement retail, we're essentially talking about two different companies: Home Depot and Lowe's.Throughout the 20th century, plenty of home-improvement chains sprung up around the US.
But the business proved increasingly competitive and unforgiving over time.Builders Square launched in 1970 and grew quickly from there. Kmart bought the home-improvement retailer in 1984. Builders Square became a major player in the do-it-yourself business, but its downfall began after Kmart arranged a merger with rival Hechinger. When Hechinger filed to liquidate in 1999, all Builders Square stores shut down.
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