Ace Hardware Corp. is hosting its third fully virtual convention this week, providing retailers with special pricing on products, networking opportunities and training sessions. The digital show is modeled after Ace’s in-person events, which have been important gatherings for retailers …
Read More »Tag Archives: ace hardware corp.
Ace Hardware Achieves Record Q3 Revenue
Ace Hardware Corp. reported record third-quarter 2020 revenues, showing the ongoing growth of same-store and online sales during the COVID-19 pandemic. The growth in the third quarter follows a very strong second quarter, which was strongly shaped by consumer’s pandemic …
Read More »How the Pandemic Is Spurring Home Paint Projects
Julie Elrod, business manager for paint at Ace Hardware Corp., took questions from Hardware Retailing about recent research the co-op released. Ace commissioned the survey of 1,300 Americans to see how COVID-19 has impacted consumer interest in paint projects. Hardware Retailing (HR): …
Read More »What to Expect From the Ace Hardware Virtual Convention
For the second time in 2020, Ace Hardware Corp. will be hosting a fully virtual convention. The event, slated for Sept. 9-12, is accessible to retailers through Ace Net, the co-op’s website for communicating with retailers, and a convention mobile …
Read More »Ace Hardware Q2 Revenue Rises 35%
Ace Hardware Corp. saw revenue, income and store sales increase during the second quarter of 2020 as consumers shifted their spending in response to the COVID-19 pandemic. The co-op reports revenues of $2.3 billion for the months of April, May …
Read More »Westlake Ace Hardware Continues Expansion
Westlake Ace Hardware is continuing to grow, recently announcing plans to acquire a store near St. Louis and open a new store in Kansas. The chain is part of Ace Retail Holdings, which is a subsidiary of Ace Hardware Corp., …
Read More »Ace Hardware Sees Q1 Sales and Profit Growth
Ace Hardware Corp. reported first-quarter growth in sales and profit that partially reflect changing consumer needs due to the COVID-19 pandemic. The co-op’s revenue was $1.4 billion during the first quarter, an increase of 3.8 percent above the first quarter …
Read More »NRHA, Industry Leaders Urge Lawmakers to Deem Home Improvement Retailers ‘Essential’
The North American Retail Hardware Association (NRHA) and home improvement industry leaders are banding together to urge federal, state and local governments to deem home improvement workers as “essential” in the face of the COVID-19 pandemic. The letter was signed …
Read More »