Orchard Supply Hardware
RetailUSAClosed 2018
Total Raised
Undisclosed
Peak Valuation
$205M
Employees
5,400
Year Collapsed
2018
Business model
Neighborhood hardware and garden supply stores, smaller-format than big-box home improvement chains.
In brief
An 82-year-old San Jose hardware chain that spent years as a Sears Holdings subsidiary before Sears' own financial distress forced a sale. Lowe's acquired the majority of its stores for $205 million in 2013, intending to use the smaller-format stores to expand into neighborhoods…
See the What Happened tab for the full account.
Key facts
- Founded
- 1931
- Closed
- 2018
- Headquarters
- San Jose, USA
- Industry
- Retail
- Employees
- 5,400
- Revenue
- $657M
- Founders
- Founded as a farmers' cooperative by 30 local orchardists
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Often compared with: Ace Hardware, True Value.