There were 182 Home Depot stores across Canada as of 2020. Ontario was home to 88, the most stores by far. Alberta and British Columbia were ranked in second and third places, with 27 and 26 stores located in each province respectively.
Home Depot origins
Home Depot, the American home improvement retailer, was founded in 1978. The company’s original aim was to build retail superstores larger than any of their competitors and the first two stores were opened in Atlanta, Georgia in the next year. In 1981, the retailer branched out of Georgia and began to open more stores in different states and later entered neighboring markets. By the end of the fiscal year 2021, Home Depot operated over 2,300 big-box home improvement stores across North America.
The Canadian home improvement market
Canadian home improvement industry sales have mostly witnessed year-on-year growth, reaching around 52.6 billion Canadian dollars in 2020. When it comes to retailers, Home Depot was the industry leader in terms of annual sales. In 2020, Home Depot brought in approximately 10 billion Canadian dollars of sales. Lowe’s Canada and Home Hardware Stores follow in second and third places, with sales of 7.9 and 7.7 billion Canadian dollars respectively in that year.
Number of Home Depot stores in Canada in 2021, by province
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Home Depot. (March 23, 2022). Number of Home Depot stores in Canada in 2021, by province [Graph]. In Statista. Retrieved July 02, 2022, from https://www.statista.com/statistics/240033/total-number-of-home-depot-stores-in-canada-by-province/
Home Depot. "Number of Home Depot stores in Canada in 2021, by province." Chart. March 23, 2022. Statista. Accessed July 02, 2022. https://www.statista.com/statistics/240033/total-number-of-home-depot-stores-in-canada-by-province/
Home Depot. (2022). Number of Home Depot stores in Canada in 2021, by province. Statista. Statista Inc.. Accessed: July 02, 2022. https://www.statista.com/statistics/240033/total-number-of-home-depot-stores-in-canada-by-province/
Home Depot. "Number of Home Depot Stores in Canada in 2021, by Province." Statista, Statista Inc., 23 Mar 2022, https://www.statista.com/statistics/240033/total-number-of-home-depot-stores-in-canada-by-province/
Home Depot, Number of Home Depot stores in Canada in 2021, by province Statista, https://www.statista.com/statistics/240033/total-number-of-home-depot-stores-in-canada-by-province/ (last visited July 02, 2022)