Ace Retail Holdings recently announced the promotion of three key members in the company. Ace Retail Holdings is the parent company of Westlake Ace Hardware, Great Lakes Ace Hardware and other retail brands. Bob Massengill has been promoted to senior …
Read More »Tag Archives: Industry News
Do it Best Announces New Divisional Merchandise Manager
Do it Best announced Dan Clymer has been appointed to be the divisional merchandise manager after previously serving as head of merchandising for the factory channel and licensing at another national retailer. Clymer brings over 20 years of experience in …
Read More »Sunpro Corporation Acquires Building Services Group
Sunpro Corporation recently announced the acquisition of Building Services Group, expanding the company’s operations in Utah and Colorado. “We are thrilled to welcome the Building Services Group member companies to the Sunpro family,” says Greg Templeman, president of Sunpro. “This …
Read More »Holiday Retail Sales Surpass NRF Forecasts
Retail sales during the 2024 holiday season grew 4% from 2023 to $994.1 billion, an unexpectedly high increase, says the National Retail Foundation (NRF). This number surpassed NRF’s forecast for 2024, which was that 2024 holiday sales would increase between …
Read More »Ace Hardware to Debut Ace YardRx on Groundhog Day 2025
This year, Ace Hardware joins in the age-old tradition of Groundhog Day with the introduction of Ace YardRx, a new subscription service offering personalized yard care for homeowners across the country. Ace will then hold the title of “Official Yard Care …
Read More »Ace Hardware Earns Top Spot on Entrepreneur’s Franchise 500 List
Once again, Ace Hardware has ranked No. 5 on Entrepreneur magazine’s Franchise 500® list. The franchise also ranked No. 1 on the ‘Miscellaneous Retail Business’ category list for the fourth year in a row. In 2024, Ace Hardware surpassed its …
Read More »Construction Job Market Remains Stable
According to the National Association of Home Builders (NAHB), residential construction employment is now at 3.4 million, with 961,000 builders and 2.4 million residential speciality trade contractors. In December 2024, construction workers saw a 5.5% unemployment rate. This is slightly …
Read More »Westlake Ace Hardware Acquires Augusta Ace Home Center
Westlake Ace Hardware recently announced its acquisition of Augusta Ace Home Center in Augusta, Kansas. The acquisition will occur on March 17. Augusta Ace Home Center is currently owned by Pat and Diane Herian, who have owned the store for …
Read More »