Eyes on the Aisles: This is Not Your Dad's Home Depot
The Home Depot plans to roughly double its total investment spending over the next few years to nearly $11.1 billion in an effort to expand and modernize its business.
As part of the plan, the retailer will invest about $5 billion in its stores. Store enhancements include redesigned checkout areas, lockers for online orders, electronic shelf labels, more intuitive sign packages and better lighting. For competitive reasons, a Home Depot spokesperson told P2PI they couldn't get into details about what enhancements the retailer is currently testing and where it's testing them. However, P2PI editors recently visited a Home Depot location in Mount Prospect, IL, that has some of these aforementioned store upgrades and more. Take a look at what we found below.