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Tag Archives: co-op

Lowe’s Condensing Ace Canada Operations

Lisa Doyle

Lowe’s is consolidating Ace Canada operations this year so the big-box retailer and the cooperative will share Canadian distribution functions. Ace Canada will close two distribution centers and its main office in the country. Lowe’s distribution network and head office in ... Read More »

Year-End Financials Look Good for Ace, Home Depot

financials

The Home Depot and Ace Hardware Corp. released their fourth-quarter and year-end earnings reports this week, showing positive results for both. Ace Hardware Corp. reported financial growth in its fourth quarter and for fiscal 2016, which the co-op’s top executive called a “challenging year.” Read ... Read More »

Ace Hardware Reports Solid Growth, Despite ‘Challenging Year’

Ace Hardware

Ace Hardware Corp. reported financial growth in its fourth quarter and for fiscal 2016, which the co-op’s top executive called a “challenging year.” The cooperative saw fourth-quarter 2016 revenues of $1.2 billion, an increase of 5.8 percent from the fourth quarter of 2015. ... Read More »

Retailers Celebrate Independence at True Value Spring Reunion

Home improvement retailers came from around the globe to discover new products, attend educational seminars and network with other business owners at the True Value Spring Reunion. The weather was cold and rainy, but spirits were high as retailers used their ... Read More »

Ace Hardware Expanding Distribution Facility for Imported Products

distribution

Ace Hardware Corp. plans to expand its Virginia facility that serves as the co-op’s central location for receiving imported products on the East Coast.  The project will expand the facility in Suffolk, Virginia, by 138,000 square feet, growing its size to 474,000 square feet. ... Read More »

Ace Hardware Sponsoring Pro Golfer Jim Furyk

Ace Hardware is continuing to promote its brand nationally through the PGA Tour. The co-op recently announced it is sponsoring pro golfer Jim Furyk, a 17-time winner on the PGA Tour and 2010 FedEx Cup champion. “On behalf of all of us ... Read More »

Sears Spinoff Building Relationships With Independents

Sears Holdings Corp. may be struggling financially, but its spinoff, Sears Hometown and Outlet Stores, is growing with the help of independent retailers. In fact, James Cabirac, owner of Kief Hardware in Cut Off, Louisiana, opened a Sears store-within-a-store this ... Read More »

Military Vet Benefits From Ace Hardware Program

military

When Mark Rand considered buying a hardware store, he learned Ace Hardware Corp. offers a financial incentive to help military veterans like him start, buy or expand Ace stores. Retailers who join Ace Hardware or open new store locations pay an affiliation fee for their stores to be ... Read More »