Do We Really Need…?
Another Home Depot is under construction in Daly City right now, adding to the two other locations on this side of the bay, and only about a mile away from the other two. My concern is for the local hardware store owners. Will people stay true to the local guys or venture south to the big HD? Anyone that has ever been to the Colma location knows that it is a nightmare, so many people that the only time to go is really late before it closes.
“20 to 40% business loss
….when Home Depot (and its big box cousins) strangles a community like this, hardware and home improvement retailers go out of business in record numbers. Those that do survive typically lose 20 to 40% of their business.” from Cole Hardware