Tag Archives: co-op

Ace Hardware Corp. has announced expansion plans for its retail support center in West Jefferson, Ohio, as part of the co-op’s plans to grow and restructure its distribution network. The renovations will add more than 300,000 square feet to the …

Horizon Ridge Ace Hardware honors military veterans all year long, so joining Ace Hardware’s corporate goal to give away 1 million U.S. flags to customers and Veterans of Foreign Wars posts was an easy decision. On May 26, participating Ace …

Ace Hardware Corp. reported increases in revenue and sales, including double-digit online sales growth, in its first quarter of 2018. Ace, which released its financial results May 23, achieved revenue of $1.3 billion, an increase of 6 percent above the …

True Value Co. has released its final annual report as a cooperative, showing a slight revenue decline in 2017 from the year prior. In April, the company announced the sale of 70 percent of its stock to private-equity firm ACON Investments and …

After months of speculation, 15 roundtable sessions and thousands of individual conversations and emails with members, the votes are in and True Value’s shareholders have overwhelmingly approved the sale of 70 percent of the company’s stock to private-equity firm ACON …

Ace Hardware is working with four Giant Eagle supermarkets in Pennsylvania to open hardware stores within the grocery stores. “We can confirm that select Giant Eagle locations in the Pittsburgh area will be integrating Ace Hardware stores,” Ace Hardware says …

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 …

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 …