In the United States, with the home improvement and D.I.Y. market under pressure, retail leaders are reorganising. Home Depot and Lowe's, respectively No. 1 and No. 2 in the market, announced waves of job cuts. Both brands are focusing on services dedicated to professionals to support growth.
In the US, on January 28, 2026, Home Depot (2025 revenue: US$164.7 billion, up by 3.2% after 4.5% in 2024, net margin at 8.6% of revenue compared to 9.3% a year earlier) announced the layoff of 800 staff. These include 150 people at the Atlanta headquarters and other remote workers, mainly in technology teams and corporate functions. This represents 0.2% of the workforce. In Q3 2024, traffic at stores fell by 0.4% year-on-year, according to Placer.ai. According to The Home Depot, this is due to
…You are reading this article thanks to your subscription to Mind Retail.
Explore new horizons by checking out our other verticals:
Do you have information to share with us?
Article authors
Morgane Monteiro
Journalist
Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.