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Tag Archives: john venhuizen

2024 Market Measure: Industry Insights

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 …

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Industry Insights: Ace Hardware

ace insights

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 …

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Ace Hardware Experiences Cybersecurity Incident

Ace 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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Ace Hardware Sees Financial Gains in Q2 2023

ServiceMaster Brands

Marking increases across the board from the second quarter of 2022, Ace Hardware shared its financial reports for the second quarter of 2023. The company’s revenues reached $2.6 billion, up 3.9% from last year, and operating income was $141 million, …

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Ace Hardware Reports Q1 2023 Results

Ace cybersecurity incident

Ace Hardware released its financial report for the first quarter of 2023, marking first quarter revenues of $2.1 billion, a decrease of 5.8% from last year. Net income for Ace in Q1 2023 was $66.2 million, down 44.7% from the …

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Ace Hardware Donating 1 Million American Flags

Ace American Flag

In a collaboration with the Veterans of Foreign Wars (VFW), Ace Hardware is honoring the brave men and women who made the ultimate sacrifice for our country by giving away 1 million American flags nationwide during Memorial Day weekend.  Customers …

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