As home improvement growth slows, consumers turn to e-commerce

YipitData industry report shows Amazon growing share, ranking second behind The Home Depot NEW YORK, Aug. 17, 2023 /PRNewswire/ — The home improvement industry has seen significant sales shifts towards online shopping, with generalist retailers such as Amazon making significant market share gains against specialty retail leaders such as The Home Depot. YipitData’s State of the Home Improvement Industry Report provides visibility into the dynamics of the $220 billion home improvement market, covering industry trends and growth by channel, retailer and subcategory. Home improvement consumers turning to e-comm in new YipitData report; Amazon ranks #2 in market share behind Home…