Home Hardware Earns Canada’s Best Managed Companies Honors

For the 10th consecutive year, Home Hardware is pleased to be recognized with the prestigious Canada’s Best Managed Companies designation, retaining its Platinum Club status. This award recognizes best-in-class Canadian-owned and managed companies with revenues over $50 million that demonstrate leadership in the areas of strategy, capabilities, innovation, culture and commitment and financials to achieve sustainable growth.

“It is an honor to once again be named one of Canada’s Best Managed Companies. The strength of Home Hardware lies in ensuring talent and culture remains a competitive advantage,” says Kevin Macnab, president and CEO of Home Hardware Stores Limited. “Home Hardware is on an incredible journey of growth, and this recognition is a testament to the dedication of Home Hardware’s independent dealer-owners and the teams at our Dealer Support Centers. This dedication ensures we are able to continue helping Canadians across the country with all of their home improvement projects, big and small.”

Last year, Home Hardware dealers worked hard to keep staff, customers and communities safe, and stores continued to offer alternative shopping solutions such as curbside pick-up, call-and-collect and delivery of online orders. The company also marked several important milestones such as the acquisition of Patrick Morin Inc. with Groupe Turcotte, the implementation of a new state-of-the-art warehouse management system in St. Jacobs and the re-launch of its private label brands, BeautiTone and Benchmark. 

Award applicants are evaluated by an independent judging panel composed of representatives from program sponsors in addition to special guest judges.  

“This year’s Best Managed winners displayed courage, resourcefulness and creativity as they explored new avenues for advancement,” says Lorrie King, partner for Deloitte Private and co-leader for the Canada’s Best Managed Companies program. “We’re extremely proud to recognize their impressive achievements in such a rapidly changing business world. Their successes demonstrate the importance of strong leadership and forethought in driving long-term growth.”

In January, the company was named to Forbes’ list of Canada’s Best Employers.