The Home Depot Canada Announces 2024 Innovation Awards Winners

12.11.24 23:00 Uhr

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TORONTO, Nov. 12, 2024 /CNW/ - Today The Home Depot Canada announced the winners of its annual Innovation Awards, recognizing products that have transformed the home improvement landscape. This year's winners represent a cross-category array of innovations that have provided unparalleled benefits to both Pro and DIY customers.

The winners of the 2024 Innovation Awards include:

Overall Award Winner: Milwaukee M18 Forge Battery
The new M18 FORGE Battery provides 50% more power than previous M18 High Output Batteries of same amp hour. Through innovative electrical and manufacturing processes, Forge batteries deliver faster application speeds and capability to the M18 tool, to complete more demanding applications. Designed to be paired with the new M18 Supercharger, the M18 FORGE batteries charge 6x faster than the M18 rapid charger because of high-speed cooling technology. All FORGE batteries are equipped with advanced thermal management, to protect against water and debris.

First Runner Up: LG WashCombo
The LG WashCombo can wash and dry a 10lb load in only two hours. With a heat pump technology driving up to 60% energy savings, the LG WashCombo comes with ventless installation and 120V plug allowing you to place it anywhere in your home. Taking it a step further, the A.I. load sensing technology automatically identifies the composition of a load and selects the optimal load cycle for you.

Second Runner Up: Stella Jones Timber Tech PVC Decking
PVC decking is backed by a lifetime warranty and 50-year stain and fade where the industry is largely a 25 year in Composite Decking. PVC Decking also features a cool touch 30 degrees cooler and has a 40% higher traction rating for anti-slip.

"Our customers trust The Home Depot Canada to deliver high-quality, innovative products that meet their needs and help them complete their projects. We take pride in the innovation and collaboration our suppliers bring to the home improvement industry, enabling us to provide exceptional value to both our DIY and Pro customers." - Jim Recore, vice president of merchandising at The Home Depot Canada

Outstanding supplier partners in each merchandising category were also recognized as Partner of the Year:

  • Appliances: LG
  • Building Materials: Sika
  • Electrical: Schneider Electric
  •  Flooring: Dal Tile
  • Hardware: Weiser
  • Kitchen & Bath: Pfister
  • Lighting: Feit Electric
  • Lumber: Porcupine Wood Products
  • Millwork: Alexandria Moulding
  • Outdoor Garden: S. Boudrias Inc
  • Outdoor Living & Cleaning: Ryobi
  • Paint: Henkel
  • Plumbing: Rainbird
  • Power Tools: Milwaukee
  • Storage: Great Star

In addition to highlighting the most innovative products, The Home Depot Canada also honored Bennett Tools as Environmental Partner of the Year, Peak as Ecommerce Partner of the Year, Milwaukee as Marketing Partner of the Year, and Logistic Transportation Ltd as Supply Chain Partner of the Year.

ABOUT THE HOME DEPOT
The Home Depot is the world's largest home improvement specialty retailer. At the end of the second quarter, the company operated a total of 2,340 retail stores and over 760 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.  

SOURCE The Home Depot of Canada Inc.

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DatumRatingAnalyst
18.05.2022Home Depot BuyGoldman Sachs Group Inc.
25.03.2021Home Depot OutperformCredit Suisse Group
19.08.2020Home Depot buyGoldman Sachs Group Inc.
18.08.2020Home Depot buyGoldman Sachs Group Inc.
17.08.2020Home Depot OutperformCredit Suisse Group
DatumRatingAnalyst
18.05.2022Home Depot BuyGoldman Sachs Group Inc.
25.03.2021Home Depot OutperformCredit Suisse Group
19.08.2020Home Depot buyGoldman Sachs Group Inc.
18.08.2020Home Depot buyGoldman Sachs Group Inc.
17.08.2020Home Depot OutperformCredit Suisse Group
DatumRatingAnalyst
20.08.2019Home Depot NeutralCredit Suisse Group
16.07.2019Home Depot HoldGabelli & Co
19.08.2015Home Depot HoldDeutsche Bank AG
17.11.2014Home Depot HoldCanaccord Adams
15.11.2012Home Depot neutralNomura
DatumRatingAnalyst
19.03.2008Home Depot DowngradeMorgan Keegan & Co., Inc.
18.07.2007Home Depot reduceUBS
11.07.2007Home Depot fern haltenFrankfurter Tagesdienst
21.05.2007Home Depot reduceUBS
18.05.2007Home Depot meidenFrankfurter Tagesdienst

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