Ace Hardware Corp. has completed the acquisition of Handyman Matters, a home repair, maintenance and improvement services franchise based in Denver, the company confirms in a statement. Ace confirms Handyman Matters will soon become Ace Handyman Services and operate as …
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Inside the Acquisition Strategy of Gordon’s Ace Hardware
Mergers and acquisitions are powerful forces in home improvement retail. The rate by which they’re completed has risen by 58 percent in the U.S. in the last decade, and in 2017, the total of all such deals amounted to $1.9 …
Read More »High Performance Retailing Fall 2019: Inside U.S. Home Construction
Welcome to the first issue of High Performance Retailing, a collaboration between the North American Retail Hardware Association and market research firm The Farnsworth Group. Each quarterly installment aims to deliver actionable, relevant data to independent home improvement retailers to …
Read More »CNRG Acquires 14 Midwest Mac’s Hardware Stores
The Central Network Retail Group (CNRG) will acquire 14 Mac’s Hardware locations throughout the Midwest, it confirms in a press release. Mac’s Hardware employs roughly 200 employees in North Dakota, South Dakota and Minnesota. The business was established in 1965 …
Read More »Hardware Manufacturer Representative Saleslink Acquires Group MW
Saleslink, an organization that represents hardware manufacturers, has announced it is acquiring a similar organization, Group MW, effective April 1. Both organizations provide sales and marketing expertise for suppliers of consumer products to wholesalers and retailers, including brick-and-mortar and e-commerce …
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