The Home Depot announced that Cree won the retailer's 2013 Innovation Award for its LED light bulb.
The annual award recognizes the most revolutionary new products that provide true benefits to consumers and the companies that exceeded expectations in sales, service and program execution.
Mohawk Soft Spring Carpet received first runner-up honors for Soft Spring Carpet, and Plantation Patterns Patio won second runner-up honors for its Create Your Own Collection patio furniture.
“The Home Depot’s goal is to offer customers the most innovative, ground-breaking products that will help them improve their homes while saving them time and money,” said Craig Menear, executive vice president, Merchandising for The Home Depot. “Our merchants consistently work with our manufacturing partners to develop pioneering products that differentiate The Home Depot and attract customers.”