Ace Hardware Corp. reported record highs for revenue and net income in the third quarter of 2019. The co-op’s revenues for the quarter hit $1.5 billion, an increase of 7.2 percent from the third quarter of 2018. Net income was …
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Ace Hardware Acquires Home Repair Franchise
Ace Hardware Corp. has completed the acquisition of Handyman Matters, a home repair, maintenance and improvement services franchise based in Denver, the company confirms in a statement. Ace confirms Handyman Matters will soon become Ace Handyman Services and operate as …
Read More »Ace Hardware Names Benjamin Moore Its Preferred Paint Supplier
Ace Hardware Corp. and Benjamin Moore have announced an expanded relationship that will make Benjamin Moore paints more widely available to DIY customers through locally owned Ace Hardware stores. The co-op has named the paint manufacturer its preferred paint supplier …
Read More »Ace Hardware Expanding Texas Distribution Center
Ace Hardware Corp. has announced plans to double the size of its distribution center in Wilmer, Texas. The upcoming expansion will add more than 450,000 square feet to the existing 450,00-square-foot facility, which originally opened in 2014. Construction for the …
Read More »Ace Hardware Sees Income, Revenue Growth in First Quarter
First-quarter 2019 was a period of growth for Ace Hardware Corp. The Oak Brook, Illinois, co-op on May 22 reported first-quarter 2019 revenues of $1.4 billion, an increase of 5.1 percent from the first quarter in 2018. Net income was $22.6 million …
Read More »Venhuizen Q&A: Ace Maintains Mission While Embracing Change
John Venhuizen President and CEO Venhuizen has worked at Ace Hardware for more than 25 years, serving in a variety of leadership positions. In the past, he has overseen marketing, business development, strategy, supply chain, IT and Ace International. Hardware …
Read More »Hardware Retailing March: Ace Hardware Distributor Profile
Check out the March issue of Hardware Retailing to get a close-up look at Ace Hardware’s latest initiatives and goals for the future. The March issue continues the magazine’s distributor profile series, exploring Ace Hardware’s mission and vision, merchandising strategy, latest logistics innovations …
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