80-year-old Home Depot rival closes hardware store, no bankruptcy

80-year-old Home Depot rival closes hardware store, no bankruptcy

The Street April 21, 2026

The home improvement and hardware retail sectors faced a challenging year in 2025, as sales suffered from a continued housing slump and consumers’ reluctance to spend in uncertain economic conditions. Industry leader Home Depot’s sales declined by 3.8% in its fourth quarter of 2025, ending Feb. 1, …