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boardroom PYMNTS.com May 20, 2026

Home Depot and Lowe’s Are Turning Into Software Platforms for Contractors

Home Depot and Lowe’s Are Turning Into Software Platforms for Contractors
AI Summary

The retail landscape is showing signs of becoming a platform economy. After staring down the better part of a decade of operational uncertainty, companies are turning to scale as a strategy. That, at least, was the case this most recent quarter for both Lowe’s and The Home Depot , where the two companies collectively indicated that the home improvement sector may be evolving into something structurally different from traditional retail, and even something structurally different than traditional

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