On Feb. 14, Ace Hardware Corp. reported revenue and same-store sales growth for fourth-quarter and full-year 2018. The co-op saw quarterly revenues of $1.4 billion, an increase of 5.7 percent from the fourth quarter in 2017. Revenues for the entire year …
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Revenue, Store Sales Up for Ace Hardware
Ace Hardware Corp. reported revenue and same-store sales growth for the third quarter of 2018. The co-op’s quarterly revenues were $1.43 billion, an uptick of 6.3 percent from third-quarter 2017. The growth was the result of adding new stores, increasing retail …
Read More »Ace Hardware, Lowe’s Release Q2 Financial Results
Ace Hardware Corp. and Lowe’s both recently released their second-quarter 2018 financial results. Earnings were up for both companies, but dive into their separate reports to get the full story on how these home improvement companies are faring at the …
Read More »Ace Hardware Reports Revenue and Sales Increases for Second Quarter
Ace Hardware Corp. reported Aug. 22 that it achieved growth in revenues, sales and income during the second quarter of 2018. The company’s revenues were $1.6 billion for the quarter, an increase of 6.4 percent from second-quarter 2017. The co-op …
Read More »Ace Hardware on Getting ‘Faster Than Amazon’
The Ace Hardware Fall 2018 Convention & Exhibits started Thursday with stories of retailers’ successes and generosity—and a promise from president and CEO John Venhuizen to improve the co-op’s logistics performance. Venhuizen spoke at the convention’s general session, which kicked …
Read More »Winning Customers in a Price-Conscious Culture
Click the picture to download a PDF of this story. Hardware Retailing staffers Kate Klein, Melanie Moul and Todd Taber contributed to this article. Winning Customers in a Price-Conscious Culture Many independent retail businesses have an image problem. Consumers often …
Read More »Island Ace Hardware Tailors Its Approach to Support Community
Mark Schulein had just become a local business owner when a storm dumped torrential rain on the north shore of the Hawaiian island of Kauai. Schulein and business partner Matt Fales bought Island Ace Hardware in March in Princeville, which …
Read More »Ace Hardware Names Kim Lefko as Chief Marketing Officer
Ace Hardware Corp. has announced the appointment of Kim Lefko to the position of senior vice president, chief marketing officer (CMO). Lefko will report directly to John Venhuizen, president and CEO of the co-op. As the company’s new CMO, Lefko …
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