Ace Hardware is celebrating 100 years in business in 2024, and in the first half of the year, has opened over 100 new stores, including its 5,000th domestic location. Ace plans to open more than 200 new stores by the …
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Ace Hardware Reports Increase in Q1 2024 Revenues
Ace Hardware Corp. reported first quarter 2024 revenues of $2.1 billion, an increase of $51.6 million, or 2.5%, from the first quarter of 2023. Increases were seen across many departments with outdoor power equipment, power tools and lawn and garden …
Read More »Celebrating a Century in Business, Ace Reinforces Its Relevancy at the 2024 Spring Convention
Under the big Dallas skyline, Ace retailers from around the world began celebrating Ace Hardware’s 100th Anniversary at the 2024 Spring Convention. Along with the usual product discovery, training and networking opportunities, Ace retailers reflected on the success of the …
Read More »Ace 2023 Revenues Down, Alongside Record Operating Income
Ace Hardware Corp. reported fourth quarter 2023 financials, which included revenues of $2.1 billion, a decrease of 3% from the fourth quarter of 2022. Net income was $0.5 million for the fourth quarter of 2023. Full-year revenues were $9.1 billion, …
Read More »2024 Market Measure: Industry Insights
In the 2024 Market Measure Report, published by the North American Hardware and Paint Association, executives from the industry’s distributors and buying groups offered insights into their operations in 2023 and their plans and goals for 2024. Read the reports …
Read More »Industry Insights: Ace Hardware
In the 2024 Market Measure Report, published by the North American Hardware and Paint Association, industry partners offered insights into 2023 operations and their goals for 2024. Read the insights from Ace Hardware‘s John Venhuizen below and download the complete report …
Read More »Ace Hardware Updates Retailers on Cybersecurity Incident
In an email to retailers on Nov. 3, Ace Hardware president and CEO John Venhuizen updated retailers on the progress being made in remediating the cybersecurity incident that occurred over the weekend of Oct. 28-29. Venhuizen shared that the Care …
Read More »Ace Hardware Experiences Cybersecurity Incident
Ace Hardware shared an email Monday with its retailers that the organization detected a cybersecurity incident impacting its IT systems. According to the email, ACENET, Warehouse Management Systems, Ace Retailer Mobile Assistant (ARMA), Hot Sheets, Invoices, Ace Rewards and the …
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