Home Depot named internet retailer of the year

Home Depot was named the top internet retailer of the year at the inaugural Internet Retailer Excellence Awards. The chain beat out big e-commerce players such as Amazon and Walmart based on performance in several metrics, including a 37 percent increase in sales in 2014, twice the growth rate of Amazon. In addition, Home Depot added $1 billion in Web sales in 2014, with online sales now accounting for 4.5 percent of all transactions. Other factors include Home Depot's $300 million in e-retail, warehouse and supply chain capabilities. Story