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Tag Archives: co-op

True Value Members Favor Sale, but Co-Op Extends Voting Deadline

true value

As of April 13, True Value Co. has received the retailer votes it needs to sell to a private investment firm, but the co-op is extending its member voting deadline to April 20. The company announced March 15 that it agreed to ... Read More »

CEO Retires From 121-Store Westlake Ace Hardware Chain

Westlake Ace Hardware

Westlake Ace Hardware CEO Tom Knox has retired, and Joe Jeffries, who was president and chief operating officer, has replaced him in the role. Westlake is a 121-store chain that is corporately owned by the Ace Hardware cooperative, which bought ... Read More »

Do it Best Exec Mike Altendorf to Retire in August

Mike Altendorf

Mike Altendorf, vice president of information technology for Do it Best Corp., is retiring after  working more than 30 years in the independent home improvement industry. Altendorf joined Do it Best Corp. in 2009 as director of IT business planning ... Read More »

Ace Hardware CEO: Focusing on Logistics, Labor and ‘Rational Optimism’

ace hardware

The Ace Hardware Spring 2018 Convention & Exhibits brought together independent retailers, vendors and Ace corporate personnel in an environment designed for easy product ordering and sharing information. Ace Hardware CEO John Venhuizen addressed retailers at the convention, emphasizing three ... Read More »

Lowe’s Canadian Operations Evolve With Marcil Brand Change

Marcil

Lowe’s presence in Canada has been evolving over the past four years, with business acquisitions and branding changes included in the company’s growth strategy. One of its newest changes is the rebranding of 17 home improvement stores Feb. 26 in ... Read More »

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 »