Ace Hardware Corp. released its fourth-quarter and year-end financial results for 2017, showing increases in revenues and U.S. same-store sales. The home improvement cooperative saw fourth-quarter revenues of $1.3 billion, an increase of 6.8 percent from the same period in …
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Ace Hardware CEO Advises Priorities, ‘Productive Paranoia’ for Leaders
David Novak, retired CEO of the company that owns the KFC, Taco Bell and Pizza Hut brands, recently interviewed Ace Hardware’s president and CEO for a podcast on leadership. John Venhuizen, who is president and CEO of Ace Hardware Corp., …
Read More »Westlake Ace Hardware Buying 5 Stores, Expanding Into Washington
Westlake Ace Hardware is still in acquisition mode, now making plans to buy the Dennis Company, a five-store home improvement chain in Washington. On Jan. 11, Westlake announced the deal, which is slated to close March 26. The Dennis Company …
Read More »Arizona Sisters Put Family in Family Business
Sisters Julie Buchkowski and Tricia Dauwalder-Luna have a special bond. Not only are they best friends, but even as they have built families of their own, they have remained as close as ever by working together in their family business, …
Read More »Former Ace Chain Owner C. Jay Buikema Dies at Age 78
C. Jay Buikema, longtime owner and CEO of Buikema’s Ace Hardware stores in Illinois, died Dec. 5 at 78, according to the Chicago Tribune. Buikema was known in Naperville and Wheaton, Illinois, communities as a leader, defining “what it means …
Read More »Ace Hardware’s Revenue Up Again in Q3
Ace Hardware Corp. reported growth in revenue and net income for the third quarter of 2017. The cooperative released its financial results Nov. 16, calling revenues of $1.34 billion a record for the company. Revenue for the quarter grew 9.1 percent …
Read More »Westlake Ace to Acquire 7-Store Operation in Chicago
Westlake Ace Hardware announced today it has entered into an agreement to acquire Buikema’s Ace Hardware, an independently owned business that operates seven stores in the Chicago area. The acquisition will be finalized on Jan. 2, 2018. According to Westlake, Buikema’s …
Read More »Ace-Sponsored TV Show ‘Make48’ Goes National
A TV show that Westlake Ace Hardware has sponsored in the past now has a sponsorship from Ace Hardware Corp. and debuted nationally this fall. “Make48” features several teams of inventors competing against each other to create new consumer products …
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