Home » Industry News » Lowe’s Condensing Ace Canada Operations
peavey industries

Lowe’s Condensing Ace Canada Operations

Lowe’s is consolidating Ace Canada operations this year so the big-box retailer and the cooperative will share Canadian distribution functions.

Ace Canada will close two distribution centers and its main office in the country. Lowe’s distribution network and head office in Quebec will serve the Ace retailers instead, allowing for cost efficiencies, according to Lowe’s Canada.

“After a detailed and complete business review that included customers, products, programs and facilities, a decision has been reached to integrate the Ace Canada distribution and business centers into existing Lowe’s Canada facilities,” Lowe’s Canada reports.

Lowe’s owns the licensing rights to the Ace Hardware brand in Canada, but the co-op’s stores remain independently owned and operated.

The operational consolidations are part of the big box’s growth strategy for Ace Canada, according to Lowe’s. The big box plans to roughly triple Ace’s presence to 200 independent stores within the next five years.

Ace will benefit by gaining access to lower prices on products and more business help from Lowe’s Canada, according to Lowe’s.

“Integrating these operations in the Lowe’s Canada facilities and systems is a prerequisite of offering dealers a dedicated website with a platform for online sales and allowing them to take advantage of an omnichannel strategy,” says Alain Brisebois, executive vice president of affiliated dealers with Lowe’s Canada.

About Kate Klein

Kate is profiles editor for Hardware Retailing magazine. She reports on news and industry events and writes about retailers' unique contributions to the independent home improvement sector. She graduated from Cedarville University in her home state of Ohio, where she earned a bachelor's degree in English and minored in creative writing. She loves being an aunt, teaching writing to kids, running, reading, farm living and, as Walt Whitman says, traveling the open road, “healthy, free, the world before me.”

Check Also

Ace cybersecurity incident

Ace Hardware Reports Increase in Q1 2024 Revenues

Ace Hardware Corp. reported first quarter 2024 revenues of $2.1 billion, an increase of $51.6 …