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Tag Archives: co-op

Ace Hardware Reports Second-Quarter 2014 Sales and Profits

Ace Hardware reported total revenues of $1.33 billion for the second quarter of 2014, an increase of $157.0 million, or 13.4 percent, from the second quarter of 2013. Net income was $66.5 million for the second quarter of 2014, an ... Read More »

Do it Best Corp. Announces New Divisional Merchandising Manager

Do it Best Corp. is strengthening its Merchandising team with the addition of Nick Talarico as a Divisional Manager, effective Aug. 1. As Divisional Manager, Talarico will oversee the hand tools, plumbing, cleaning, housewares and InCom departments within Merchandising. He ... Read More »

Ace Files Emergency Injunction Against TIM-BR MART

According to NRHA Canada and our Hardlines partners, Ace Hardware has filed an emergency injunction against its Canadian partner, TIM-BR MART Group, through TIM-BR MART’s parent company, TBM Holdco Ltd. According to the report, the injunction centers around the licensing agreement ... Read More »

Ace Hardware Honors 2014 Coolest Hardware Stores

Ace Honors 2014 Coolest Hardware Stores

Ace Hardware Corporation is proud to recognize six local Ace Hardware stores with the company’s fourth-annual “Coolest Hardware Store” awards. Of 4,850 locally owned and operated Ace Hardware stores worldwide, these six winners were named as winners of this prestigious ... Read More »

Do it Best Corp. Announces Executive Leadership Transition

Do it Best Corp. announced the retirement of one of its senior leaders while also transitioning another proven executive into a new position. Effective Oct. 24, Do it Best Corp. Vice President of Lumber and Building Materials Quent Ondricek will ... Read More »

True Value Announces Second Quarter Results

True Value Company reported gross billings of $568.0 million for the quarter ending June 28, 2014, up 4.6 percent or $25.1 million from $542.9 million for the same period a year ago. Revenue was $429.5 million, an increase of 4.5 ... Read More »

RONA and Ace Form New Partnership

RONA and Ace Hardware have announced a long-term agreement for master licensing of the Ace brand in Canada. Under this agreement, RONA has specific rights and privileges with respect to Ace Hardware brands, retail operating systems and web portals. RONA ... Read More »

Exclusive: Ace Tells All About Mitre 10 Alliance

Beginning July 1, Ace Hardware  became the wholesale supplier to Mitre 10, a New Zealand cooperative comprised of 81 member-owned stores. Hardware Retailing magazine interviewed Robert Moschorak, president of Ace Hardware International regarding some of the details of the agreement in the following exclusive ... Read More »