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Tag Archives: co-op

Do it Best, United Hardware to Merge

do it best united

In a historic move, United Hardware and Do it Best announce that they intend to merge. The intent to merge, which received unanimous approval from the boards of directors of both companies, brings together two industry leaders with a shared …

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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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Do it Best Spring Market Focuses on Future

Following the success of the virtual Fall Market, the Do it Best Spring Market opened March 7 to an online audience. The Spring Market builds on what worked at the Fall Market, which saw a 63 percent increase in sales, …

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What’s New at Ace Hardware’s Spring Show

Fall 2021 Convention

Ace Hardware Corp. is hosting its third fully virtual convention this week, providing retailers with special pricing on products, networking opportunities and training sessions. The digital show is modeled after Ace’s in-person events, which have been important gatherings for retailers …

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Do it Best Announces New Board Members

board of directors

At the 2020 Do it Best Shareholders’ Meeting held Sept. 10 in Fort Wayne, Indiana, the following member-owners were elected to their first terms on the co-op’s 12-person board of directors: Rob Gardiner—President, Damariscotta Hardware and Randolph Hardware Gardiner serves …

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Lowe’s Sells Ace Canada Assets to Peavey Industries

peavey industries

Lowe’s Canada and Peavey Industries LP, a Canadian farm, ranch and hardware retailer, have announced that Peavey Industries is acquiring the assets of Ace Canada. RONA, a company that is part of the Lowe’s Canada group, will sell the assets …

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Ace Hardware Reports Record Revenue in Q4 2019

Ace Hardware revenue

Ace Hardware Corp. reported a record fourth quarter revenue in 2019 of $1.5 billion, a 6.1 percent increase from the fourth quarter of 2018. Net income was $3.5 million for the quarter, a decrease of $21.7 million from the fourth …

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