Several years into a hot housing market, Home Depot has continued to build on its peerless growth. Sales jumped 7.2% last year, helped by a big assist from its digital business, which grew 24.1%. Helping it fend off Amazon, the home improvement chain has made its stores destinations, with many product demonstrations and classes. Home Depot even provided store workers with handheld tools that put a customer’s shopping history at the tip of their fingers, and equipped its locations to handle e-commerce orders, half of which were picked up in store. Though Home Depot will have to contend with a drop in housing start, the retailer has given itself the tools to weather that trough.
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