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Tag Archives: co-op

Sales Up for the Co-Ops and Big Boxes

Two big boxes and two of the major home improvement cooperatives released third-quarter results last week, and sales were up across the board. Read the following articles for details on the financial performance of each of these home improvement businesses: Ace Hardware …

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True Value Hosting Open Buying Day

True Value’s upcoming Open Buying Day event, scheduled for Dec. 10, is an opportunity for vendors to have direct, one-on-one access to a product buyer. “Vendors should participate in our Open Buying Day because it’s their shot to share possibly ‘the next …

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Ace Hardware Reports Double-Digit Growth in Q3

Ace Hardware

Ace Hardware Corp. today reported double-digit growth in revenue and net profits in the third quarter of 2015. Revenue was $1.3 billion, an increase of 13.2 percent from the third quarter of 2014. Net income for the quarter was $54.2 million, an increase of …

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True Value Announces Q3 Results

True Value Company announced its third-quarter results this week, reporting revenue and same-store sales growth. The co-op’s revenue was $365.5 million for the quarter, an increase of 4.2 percent from the same period in 2014. Destination True Value comparable store sales …

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Cole Hardware Founder Dies at Age 99

The 99th birthday of Cole Hardware founder Dave Karp was a reason for the Karp family and store staff to be grateful this year — and his Oct. 25 death was the loss of the company’s figurehead. Even as he aged, …

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Exclusive Exec Q&A: Ace Launches New Distributor

Today, Ace Hardware Corp. announced the launch of a new distributor to serve independent non-Ace retailers and expand the co-op’s wholesale business across the U.S. Hoyoung Pak, president of Ace Wholesale Holdings, answers questions about the new company, Emery Jensen Distribution, …

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Ace Expands Wholesale Business to Serve Non-Ace Retailers

Ace Hardware

Ace Hardware Corp. today announced that its wholesale distribution network has expanded coast to coast with the launch of a new distribution arm. The new wholesale company, Emery Jensen Distribution, fits like a wholesale puzzle piece in mid-America for Ace, which bought distribution …

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