The Aubuchon Co., a 112-store chain in the Northeast, has joined Ace Hardware and will spend three years transitioning 76 of its stores to the Ace brand. Aubuchon is a fourth-generation, family-owned company, headquartered in Westminster, Massachusetts, operating hardware stores …
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Ace Hardware Sees Financial Gains in Q2 2023
Marking increases across the board from the second quarter of 2022, Ace Hardware shared its financial reports for the second quarter of 2023. The company’s revenues reached $2.6 billion, up 3.9% from last year, and operating income was $141 million, …
Read More »Ace Hardware Selects Missouri for New Distribution Center
Ace Hardware announced plans to open a new retail support center (RSC) in Kansas City, Missouri. The new Ace distribution center, spanning approximately 1.5 million square feet, is projected to be fully operational in 2025 and is expected to create …
Read More »Ace Hardware Reports Q1 2023 Results
Ace Hardware released its financial report for the first quarter of 2023, marking first quarter revenues of $2.1 billion, a decrease of 5.8% from last year. Net income for Ace in Q1 2023 was $66.2 million, down 44.7% from the …
Read More »Ace Hardware Donating 1 Million American Flags
In a collaboration with the Veterans of Foreign Wars (VFW), Ace Hardware is honoring the brave men and women who made the ultimate sacrifice for our country by giving away 1 million American flags nationwide during Memorial Day weekend. Customers …
Read More »J.D. Power Releases 2023 U.S. Paint Satisfaction Study
Despite the average price of a gallon of paint increasing by nearly $3 a gallon in the past year, overall paint satisfaction has held steady, according to the J.D. Power 2023 U.S. Paint Satisfaction StudySM. Additionally, the percentage of paint …
Read More »3 Independent Home Improvement Companies Named to Most Trustworthy List
Newsweek, in collaboration with market research partner Statista, has released its second annual listing of the Most Trustworthy Companies in the U.S. The list covers 23 industries and includes 700 companies, ranked by evaluations from U.S. customers, employees and investors. This …
Read More »See What You Missed at Spring Markets
It’s market season and the North American Hardware and Paint Association (NHPA) has been busy covering spring shows from coast to coast. Check out the highlights from each of the events below and be sure to follow NHPA on social …
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