Tag Archives: co-op

First-quarter financials are out for two of the home improvement industry’s big-box chains and two of the co-ops. Check out articles on the Q1 fiscal 2015 numbers by clicking the following links: Ace Hardware Corporation Home Depot Lowe’s True Value

Do it Best Corp. has come to an agreement with a new overseas affiliate to develop its first retail locations in Saudi Arabia. The agreement provides Saudi Arabia-based Albawardi Group exclusive development rights in the country and will lead to Attken …

Carl Bicking, former executive vice president of sales for Ace Hardware Corporation, died May 12 at the age of 94. He is survived by his wife of 69 years, Marian Bicking. Bicking was a World War II veteran who served in the Army Corps …

This week, Ace Hardware Corporation reported record revenue and net income for the first quarter of 2015. First-quarter revenues of $1.2 billion were 10 percent higher than the first quarter of 2014.  Net income was $29.9 million for the first quarter of 2015, …

An Ace International retailer plans to open two new stores in Dubai, an area where the hardware co-op has invested in a distribution center and is refocusing some of its international growth. The Ace franchisee hasn’t released a timeframe for when …

The Do it Best May Market, which began on Friday and is scheduled to run through today, kicked off with the co-op’s announcement of several new member programs and gave retailers plenty of opportunities to see new products, network and …

Employees from Do it Best Corp. assembled and donated bicycles to an Indianapolis community center this week. The co-op, which is based in Fort Wayne, Indiana, had sales and business development workers put together the two dozen bikes as a team-building project prior …

Earlier this week, True Value Company reported gross billings of $494.0 million for the quarter ending April 4, up 7.4 percent or $33.9 million from the same period a year ago. Revenue was $353.8 million, an increase of 6.7 percent …