Ace Hardware’s president and CEO, John Venhuizen, recently sat down with Hardware Retailing for an interview. He discussed weather events that have impacted Ace retailers, strategies for competing with “an incredibly good enemy” in Amazon and the co-op’s opportunities and plans for growth. …
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Ace Hardware CEO: ‘It’s Either Forward or It’s Lights Out’
The Ace Hardware 2017 Fall Convention began with both warnings and encouragement from the cooperative’s top executives. Ace leaders spoke to retailers at the buying show’s general session, which started off the Aug. 17-19 convention in Chicago. President and CEO …
Read More »Ace Hardware Reports Revenue Growth in Q2
Ace Hardware Corp. today reported an increase in revenue over the previous year for the second quarter of 2017. The co-op’s second-quarter 2017 revenues were $1.5 billion, an increase of $66 million, or 4.6 percent, over the second quarter of 2016, which is …
Read More »Ace Hosting Entrepreneurs at Maker to Market Event
Ace Hardware Corp. is inviting entrepreneurs to show off their best product innovations at its first Maker to Market event. Formerly known as Open Buying Day, Ace’s new Maker to Market event will offer attendees opportunities to pitch their products to a panel of …
Read More »Westlake Ace Hardware Makes Executive Changes
Ace Hardware Corp. has announced two top leadership changes for Ace Retail Holdings, the branch of the cooperative that operates the 100 corporately owned Westlake Ace Hardware stores. As of Aug. 1, Ace Retail Holdings’ chief operating officer Joe Jeffries was promoted to president and chief …
Read More »Ace to Open Customer Care Center in Florida
Ace Hardware Corp. announced this week its plan to open a new customer care center in Fort Myers, Florida. The center will employ 110 Ace corporate team members and is part of the co-op’s strategic three-year plan to grow and transform its customer …
Read More »Exec: Ace Creates ‘Potent Combination’ With Big-Box Hires
Ace Hardware’s latest high-level hires came from three of the large public companies that compete with Ace stores—and that’s an advantage, according to the co-op. Many of Ace’s corporate positions are filled with people whom Ace has promoted internally. But …
Read More »Ace’s Retail Holdings Expand to 100 Stores
Ace Retail Holdings, the division of Ace Hardware that owns and operates the Westlake Ace Hardware chain, has expanded to 100 stores. Westlake Ace Hardware in June finalized its acquisition of two Q.P. Ace Hardware stores in the Omaha, Nebraska, area. Westlake …
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