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Ace Hardware Acquires Emery-Waterhouse

Ace Hardware announced today it has acquired Emery-Waterhouse, a 170-year-old distributor of hardlines products for independent lumber, paint, industrial and hardware outlets throughout the Northeast. Emery-Waterhouse will move forward as an independently operated, majority-owned subsidiary of Ace Hardware. The Emery-Waterhouse …

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Ace Reports Record 2013 Sales, Profit Increases

Ace Hardware reported total fiscal 2013 revenues of $4.2 billion, an increase of $313.3 million or 8.2 percent. Net income was $104.5 million for fiscal 2013, an increase of $22.7 million or 27.8 percent, compared to $81.8 million in fiscal …

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January Retail Sales Flat Due to Severe Winter Weather

January retail sales, excluding automobiles, gas stations and restaurants, were flat seasonally adjusted month-to-month due in part to severe winter weather in much of the country, according to the National Retail Federation. “Following a solid holiday sales season, it seems …

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