Ace Hardware kicked off its J.D. Power Award Neighborhood Tour for the second year in a row. Recently ranked “Highest in Customer Satisfaction with Home Improvement Retail Stores” for the eighth year in a row by J.D. Power, Ace will …
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Ace Hardware Reports Second-Quarter 2014 Sales and Profits
Ace Hardware reported total revenues of $1.33 billion for the second quarter of 2014, an increase of $157.0 million, or 13.4 percent, from the second quarter of 2013. Net income was $66.5 million for the second quarter of 2014, an …
Read More »Do it Best Corp. Announces New Divisional Merchandising Manager
Do it Best Corp. is strengthening its Merchandising team with the addition of Nick Talarico as a Divisional Manager, effective Aug. 1. As Divisional Manager, Talarico will oversee the hand tools, plumbing, cleaning, housewares and InCom departments within Merchandising. He …
Read More »Ace Files Emergency Injunction Against TIM-BR MART
According to NRHA Canada and our Hardlines partners, Ace Hardware has filed an emergency injunction against its Canadian partner, TIM-BR MART Group, through TIM-BR MART’s parent company, TBM Holdco Ltd. According to the report, the injunction centers around the licensing agreement …
Read More »Ace Hardware Honors 2014 Coolest Hardware Stores
Ace Hardware Corporation is proud to recognize six local Ace Hardware stores with the company’s fourth-annual “Coolest Hardware Store” awards. Of 4,850 locally owned and operated Ace Hardware stores worldwide, these six winners were named as winners of this prestigious …
Read More »Do it Best Corp. Announces Executive Leadership Transition
Do it Best Corp. announced the retirement of one of its senior leaders while also transitioning another proven executive into a new position. Effective Oct. 24, Do it Best Corp. Vice President of Lumber and Building Materials Quent Ondricek will …
Read More »True Value Announces Second Quarter Results
True Value Company reported gross billings of $568.0 million for the quarter ending June 28, 2014, up 4.6 percent or $25.1 million from $542.9 million for the same period a year ago. Revenue was $429.5 million, an increase of 4.5 …
Read More »RONA and Ace Form New Partnership
RONA and Ace Hardware have announced a long-term agreement for master licensing of the Ace brand in Canada. Under this agreement, RONA has specific rights and privileges with respect to Ace Hardware brands, retail operating systems and web portals. RONA …
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