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Tag Archives: co-op

Ace Hardware’s Revenue Up Again in Q3

Ace Hardware

Ace Hardware Corp. reported growth in revenue and net income for the third quarter of 2017. The cooperative released its financial results Nov. 16, calling revenues of $1.34 billion a record for the company. Revenue for the quarter grew 9.1 percent ... Read More »

Westlake Ace to Acquire 7-Store Operation in Chicago

Westlake

Westlake Ace Hardware announced today it has entered into an agreement to acquire Buikema’s Ace Hardware, an independently owned business that operates seven stores in the Chicago area. The acquisition will be finalized on Jan. 2, 2018. According to Westlake, Buikema’s ... Read More »

Ace-Sponsored TV Show ‘Make48’ Goes National

Make48

A TV show that Westlake Ace Hardware has sponsored in the past now has a sponsorship from Ace Hardware Corp. and debuted nationally this fall. “Make48” features several teams of inventors competing against each other to create new consumer products ... Read More »

New Hampshire Store a Haven for Local Beekeepers

beekeepers

In the town of Plymouth, New Hampshire, locals have taken it upon themselves to help the bee population flourish. Not only do they collect honey, but the main goal is for the bees to stay strong and pollinate other plants as well. ... Read More »

Why Did Ace Hardware Buy an E-Commerce Business?

The Grommet

John Venhuizen, Ace Hardware president and CEO, recently took questions from Hardware Retailing about the co-op’s purchase of The Grommet, an e-commerce startup company. Ace announced the purchase Oct. 3. Hardware Retailing (HR): Why did Ace purchase a majority stake in The Grommet?  John Venhuizen (JV): There ... Read More »

Ace Hardware Buys E-Commerce Company

Grommet

Ace Hardware Corp. announced Tuesday that it has purchased the majority stake in e-commerce startup The Grommet. The Grommet operates an e-commerce website that markets and sells new and innovative products created by independent entrepreneurs, also known as makers, according to Ace. The Grommet has ... Read More »

Ace Hardware Hosts Maker to Market Event for Product Inventors

Maker to Market

Ace Hardware Corp. hosted its first Maker to Market™ Day, an event created to allow entrepreneurs and inventors to pitch product ideas that could end up for sale in co-op stores. Ace employees who make purchasing decisions for more than 5,000 ... Read More »

True Value Fall Reunion Pushes Retailers to ‘Act Now’

True Value Fall Reunion

As retailers begin planning ahead for their busy spring selling season, those attending the True Value Fall Reunion were also encouraged to think in the moment. The buying show, which the co-op hosted in Chicago at McCormick Place, ran Sept. ... Read More »