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Home Depot acquires SIMPL Automation to boost same-day delivery with AI-driven warehouse tech

Company Fundamentals
17 Apr 2026
PYMNTS
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Bullish
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Home Depot has acquired SIMPL Automation to enhance its same-day and next-day delivery capabilities. SIMPL's advanced AI and engineering technology improves distribution center efficiency by speeding up product picking and maximizing storage density. This acquisition follows a successful pilot and aims to increase product availability and delivery speed by storing more items closer to customers. The move supports Home Depot's broader strategy to optimize its supply chain and expand its B2B business through strategic acquisitions.

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