Ace Hardware Corp. has announced two top leadership changes for Ace Retail Holdings, the branch of the cooperative that operates the 100 corporately owned Westlake Ace Hardware stores. As of Aug. 1, Ace Retail Holdings’ chief operating officer Joe Jeffries was promoted to president and chief …
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Outlook Positive at United Hardware Fall and Winter Buying Market
As retailers crowded into United Hardware’s Fall and Winter Buying Market, held July 28-30 at the Minneapolis Convention Center, one message came across loud and clear. There are plenty of opportunities to gain success in the home improvement industry for those …
Read More »Exec: Ace Creates ‘Potent Combination’ With Big-Box Hires
Ace Hardware’s latest high-level hires came from three of the large public companies that compete with Ace stores—and that’s an advantage, according to the co-op. Many of Ace’s corporate positions are filled with people whom Ace has promoted internally. But …
Read More »True Value Responds to Bloomberg Report Regarding Possible Sale
According to a Bloomberg report Monday, True Value Co. is “considering a sale that could value the home-improvement store chain at about $800 million.” People who asked not to be identified as they weren’t authorized to speak publicly say the company …
Read More »Ace’s Retail Holdings Expand to 100 Stores
Ace Retail Holdings, the division of Ace Hardware that owns and operates the Westlake Ace Hardware chain, has expanded to 100 stores. Westlake Ace Hardware in June finalized its acquisition of two Q.P. Ace Hardware stores in the Omaha, Nebraska, area. Westlake …
Read More »Ace Hardware Pushing for New Store Growth With Program
Ace Hardware Corp. has launched a new financing program for Ace Hardware store owners in an effort to help fuel new store growth efforts. The financing program gives qualified Ace store owners access to up to $200,000 in a dollar-for-dollar equity match …
Read More »Ace Hardware Acquires Another Big-Box Executive
Ace Hardware has announced a second big-box home improvement executive hire this week, recruiting Lisa Doyle from Lowe’s to serve as its new head of retail training. Doyle previously was vice president of learning and development at Lowe’s, according to a June 22 statement from …
Read More »Former Home Depot Exec Takes VP Post at Ace Hardware
Ace Hardware Corp. has hired former Home Depot executive John Sommers Jr. to serve as the co-op’s vice president of merchandising. Sommers, who starts with Ace on July 10, is a 23-year veteran of Home Depot and has worked in a variety of positions in …
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