Ace Retail Holdings announced the promotion of Tony Houk to vice president of store operations. Houk, who previously served as the chief operating officer of Great Lakes Ace Hardware, will oversee store operations at all Ace Retail Holdings locations. “Tony …
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How Partnering With Local Service Providers Builds Customer Loyalty
Whether it helps customers check off tasks on a household chore list or provides the means for them to enjoy favorite hobbies, a store that offers special services has many opportunities for building customer loyalty. Customers appreciate when retailers make …
Read More »Ace Hardware Achieves Record Q3 Revenue
Ace Hardware Corp. reported record third-quarter 2020 revenues, showing the ongoing growth of same-store and online sales during the COVID-19 pandemic. The growth in the third quarter follows a very strong second quarter, which was strongly shaped by consumer’s pandemic …
Read More »Ace Hardware Sees Income, Revenue Growth in First Quarter
First-quarter 2019 was a period of growth for Ace Hardware Corp. The Oak Brook, Illinois, co-op on May 22 reported first-quarter 2019 revenues of $1.4 billion, an increase of 5.1 percent from the first quarter in 2018. Net income was $22.6 million …
Read More »Ace Hardware Acquires 50 Great Lakes Ace Stores
Ace Hardware Corp. confirmed May 22 that the co-op now has full ownership of the Great Lakes Ace Hardware chain. The co-op’s first-quarter financial report says that Ace Hardware experienced revenue increases in early 2019, in part due to the acquisition of …
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