Ace Hardware Corp. presented a new growth plan and promoted some new initiatives at its fall buying show in Atlanta. The co-op announced Higher Ground, its new strategic plan, at the Ace Hardware Fall 2019 Convention & Exhibits, which was …
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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 to Open Stores in Former Orchard Supply Hardware Locations
Ace Hardware Corp. announced plans to open new Ace Hardware stores in 11 former Orchard Supply Hardware locations in California. “Ace is delighted to fulfill a need by bringing back the local, neighborhood hardware store in 11 California communities,” says …
Read More »Ace Hardware, True Value Top Customer Satisfaction Poll
Research firm J.D. Power has released its 2019 Home Improvement Retailer Satisfaction Study, and Ace Hardware and True Value have tied for first place for overall customer satisfaction. The survey gathered data from 2,433 customers who purchased a home improvement …
Read More »Retail Leaders Discuss Impact of Tariffs
Recently, tariffs on goods entering the U.S. have been hot topics in retail. No matter which industry a business operates within, tariff implementations are causing ripple effects on suppliers and shoppers alike. Retail leaders from some of the U.S.’s best-known …
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 »Ace Hardware Acquires 50 Great Lakes Ace Stores
Ace Hardware Corp. confirmed May 22 that the co-op now has full ownership of the Great Lakes Ace Hardware chain. The co-op’s first-quarter financial report says that Ace Hardware experienced revenue increases in early 2019, in part due to the acquisition of …
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