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 …
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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 …
Read More »Ace 2023 Spring Convention Builds Hope for Future
From inflation to a challenging labor market, many challenges continue to plague retailers in 2023, but the Ace Hardware 2023 Spring Convention brought a breath of hope during an uncertain time. Hosted March 14-16 at the Henry B. Gonzalez Convention …
Read More »Ace Hardware Shares Q4 and Full-Year 2022 Financials
Ace Hardware Corporation reported record Q4 2022 revenues of $2.2 billion, an increase of $124.5 million or 6% from the fourth quarter of 2021. Net loss was $4.6 million for the fourth quarter of 2022, a decrease of $13.9 million …
Read More »Sunshine Ace Hardware Garners Local Award for 20th Consecutive Year
As Residents and business owners of Catalina Island, located off the southern coast of California, Mike Cassidy and his wife Cinde MacGugan-Cassidy are familiar with water restrictions and the toll they can take on residents and businesses. When Mike and …
Read More »Ace Ranked as One of Top 10 Franchises in the World for 2023
Ace Hardware earned another industry recognition, being named as one of the leading franchise opportunities based on its retailer support, yearly sales growth and strong brand recognition. The company secured a spot in the Top 10 franchise business opportunities in …
Read More »Industry Insights: Forward Thinking With John Venhuizen
What were some challenges in 2022 and how did Ace address them? Inflation is a beast and the “tools” to tackle it—Federal Reserve tightening and interest rate hikes—are all designed toward demand degradation. In uncertain times like these, the natural …
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