Home Depot Pours Cash Into Its Bulk Shipping Service
The stampede toward online delivery is increasingly moving toward bigger, bulkier goods. That's one key takeaway from Tuesday's news that Home Depot (NYSE: HD) is expanding its online fulfillment centers and pushing deeper into delivery of heavy, large parcels.
The home improvement giant said it is adding three new distribution centers in Georgia over the next 18 months as part of its $1.2 billion multi-year investment into its digital infrastructure. The facilities will speed up standard services to most of the southeastern U.S. while adding new capabilities around delivery for bulk goods, both to professional contractors and do-it-yourself shoppers. "Customers expect to shop whenever, where and however they want," executive Stephanie Smith said in a press release, "whether they're buying a hammer or a pallet of pavers."
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Source Fool.com