StockNews.AI
HD
StockNews.AI
209 days

Uber Eats and The Home Depot Team Up to Bring On-Demand and Scheduled Delivery to Customers Nationwide

1. Home Depot partners with Uber Eats for product deliveries. 2. Customers can browse and order Home Depot items via Uber Eats app. 3. Convenient delivery options enhance home improvement project accessibility. 4. Partnership expands Home Depot's e-commerce and delivery capabilities.

6m saved
Insight
Article

FAQ

Why Bullish?

This partnership is likely to increase sales by enhancing customer convenience, similar to recent e-commerce growth leading to strong earnings in retail sectors.

How important is it?

The partnership builds Home Depot's brand presence in e-commerce, crucial for long-term competitiveness.

Why Long Term?

The ongoing shift to e-commerce and delivery models will benefit HD over an extended period, as seen with other retailers like Target during the pandemic.

Related Companies

UBER
Uber Eats and The Home Depot , /PRNewswire/ -- Uber Eats (NYSE: UBER) is excited to announce a new partnership with The Home Depot (NYSE: HD), the world's largest home improvement retailer. Starting today, customers can order Home Depot products through the Uber Eats app for convenient on-demand or scheduled delivery. This collaboration will make home improvement projects easier than ever, providing quick access to essential tools, supplies, and more delivered to doorsteps and job sites. Whether you're a professional contractor on a tight deadline or a DIY enthusiast tackling a weekend project, Uber Eats and The Home Depot are here to help get the job done. Home Improvement Convenience Meets EfficiencyThrough this new offering, Uber Eats users can browse an extensive selection of Home Depot products from more than 2,000 store locations across the country, including tools, building materials, gardening supplies, and more, directly within the app. Deliveries can be requested for on-demand service or scheduled at a convenient time, ensuring flexibility for customers' busy lives. A Shared Commitment to Innovation"Teaming up with The Home Depot is a new step forward in serving consumers through delivery in even more aspects of their lives," said Hashim Amin, Head of North American Grocery and Retail Delivery at Uber Eats. "Together, we're breaking down barriers and making it easier for people to access the products they need for their projects, all from the convenience of their phone or computer, with the reliability Uber is known for.""Our stores are core to The Home Depot's business, and expanding our e-commerce capabilities is a key part of our efforts to deliver a seamless interconnected shopping experience," said Jordan Broggi, executive vice president of customer experience and president of online The Home Depot. "By complementing our current same-day and next-day delivery services on homedepot.com with Uber Eats' speedy and user-friendly platform, we're offering more options to serve our customers however they prefer to shop."How It Works Browse: Open the Uber Eats app, navigate to a Home Depot store, and explore a curated selection of products. Order: Add items to your cart, choose your delivery time (on-demand or scheduled), and check out. Track: Follow your delivery in real-time, from the store to your door. About Uber Uber's mission is to create opportunity through movement. We started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 55 billion trips later, we're building products to get people closer to where they want to be. By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities.Media Contact: [email protected] About The Home DepotThe Home Depot is the world's largest home improvement specialty retailer. At the end of the third quarter of fiscal 2024, the company operated a total of 2,345 retail stores and over 780 branches across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs over 465,000 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. Media Contact: [email protected]  SOURCE Uber WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News