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Go deeper: Amazon has met its match in Home Depot

Home Depot storefront
Photo: Michael Brochstein/SOPA Images/LightRocket via Getty Images

Home Depot plans to invest $1.2 billion over the next five years to increase its supply chain and distribution abilities in an effort to keep disruptors like Amazon out of its home improvement market, reports the Wall Street Journal's Jennifer Smith.

The big picture: Despite being the number one home improvement retailer, Home Depot recognizes the power of e-commerce giants like Amazon that have a hand in nearly every market. So far, the company's plan to dominate the home improvement market and keep competitors at bay has been working.