80-Year-Old Home Depot Rival SHUTS DOWN! 3 Giants KILLING Local Stores NOW?
Over half of the home improvement market is now controlled by just three giants, leaving decades-old local businesses struggling to survive. Home Depot, Lowe's, and Amazon command 57% of the market, effectively sidelining once-prominent hardware cooperatives like True Value and Ace, and pushing out independent retailers. Consequently, numerous long-standing establishments are permanently closing their doors. Shockingly, the 80-year-old Benjamin Brothers True Value Hardware in New Jersey is the latest victim, announcing its closure in 2026 after serving its community for generations. This trend underscores a brutal reality for small businesses nationwide. Make sure to subscribe to our channel for more crucial business insights and breaking news.
Tags/Hashtags: #amazon
Leave a Reply