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Share Name | Share Symbol | Market | Type |
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Home Depot Inc | NYSE:HD | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
3.11 | 0.94% | 335.09 | 335.83 | 330.99 | 331.94 | 2,452,917 | 00:50:17 |
ATLANTA, Oct. 5, 2021 /PRNewswire/ -- New technologies from lithium battery powered pneumatics to antimicrobial flooring topped The Home Depot's 2021 annual list of most innovative products to hit its shelves, both in stores and online. Each year, the retailer recognizes suppliers that deliver new products that make projects easier and more efficient for its DIY and Pro customers.
The 2021 top winners include:
Overall Winner: The Milwaukee M18 FUEL Cordless Framing Nailer saves time by firing three nails per second with zero ramp-up time without the hassle of a compressor and hose or gas cartridge. It delivers the pneumatic performance and durability that professional carpenters and remodelers expect, enabling users to tackle the most demanding framing applications and engineered lumber, even in the coldest weather conditions.
First Runner Up: Hubspace – Powered by Afero makes building a reliable smart home simple with an intuitive platform and easy-to-set-up products including lighting, fans, and outlets. With no hub or extra equipment required, the app provides access from anywhere via a smart device and an internet connection.
Second Runner Up: The Pergo Defense+ line of waterproof and antimicrobial flooring keeps homes clean for longer by prohibiting the growth of microbes that cause mold, mildew and odors with a natural silver ion embedded into its surface. The durable flooring is great for kids and pets and comes in five beautiful finishes.
"It's incredible how our suppliers continue to make home improvement easier, safer and even more fun by applying the latest technologies to common tools and household products in every category across the store and online," said Jeff Kinnaird, executive vice president of merchandising for The Home Depot. "Our annual Innovation Awards ceremony recognizes the remarkable work that goes into providing these new, innovative and exclusive products to our customers at the best value."
In addition to the top three winners, The Home Depot recognized these finalists for their high marks in product innovation:
In conjunction with the Innovation Awards, The Home Depot honors suppliers in several other categories.
Nike Grind Future Foam diverted more than 5 million pounds of waste from the landfill and incinerator in 2020 by using waste products and post-consumer shoes as material to make carpet pads and gym mats, earning the Environmental Partner of the Year award. The Interconnected Partner of the Year is Ryobi, which invested in innovation and doubled down on its e-commerce efforts accelerating its timeline for implementation resulting in an unprecedented speed to market. Kohler creatively used our Buy More Save More capabilities to help customers save as they shop the "full project," positioning it for the Marketing Innovation Partner of the Year award. Finally, MSI received this year's Supplier Diversity Innovation Award for its commitment to creating jobs in regions where it sources materials from, participation and partnership in DEI efforts with The Home Depot, and outstanding philanthropic work throughout 2020.
Additional supplier partner awards by product category are listed below:
The Home Depot's 2021 Innovation Award product winners and finalists are available online and in stores today and will feature the official The Home Depot Innovation Award seal in November. For more information, visit www.homedepot.com/innovation.
About The Home Depot
The Home Depot is the world's largest home improvement specialty retailer. The Company operates a total of 2,300 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2020, The Home Depot had sales of $132.1 billion and earnings of $12.9 billion. The company employs approximately 500,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.
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SOURCE The Home Depot
Copyright 2021 PR Newswire
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