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Tag Archives: ace hardware corp.

How the Pandemic Is Spurring Home Paint Projects

paint applicators

Julie Elrod, business manager for paint at Ace Hardware Corp., took questions from Hardware Retailing about recent research the co-op released. Ace commissioned the survey of 1,300 Americans to see how COVID-19 has impacted consumer interest in paint projects. Hardware Retailing (HR): …

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What to Expect From the Ace Hardware Virtual Convention

For the second time in 2020, Ace Hardware Corp. will be hosting a fully virtual convention. The event, slated for Sept. 9-12, is accessible to retailers through Ace Net, the co-op’s website for communicating with retailers, and a convention mobile …

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Ace Hardware Q2 Revenue Rises 35%

ace hardware q2 revenue

Ace Hardware Corp. saw revenue, income and store sales increase during the second quarter of 2020 as consumers shifted their spending in response to the COVID-19 pandemic. The co-op reports revenues of $2.3 billion for the months of April, May …

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Westlake Ace Hardware Continues Expansion

westlake ace hardware

Westlake Ace Hardware is continuing to grow, recently announcing plans to acquire a store near St. Louis and open a new store in Kansas. The chain is part of Ace Retail Holdings, which is a subsidiary of Ace Hardware Corp., …

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Ace Hardware Sees Q1 Sales and Profit Growth

Ace Hardware

Ace Hardware Corp. reported first-quarter growth in sales and profit that partially reflect changing consumer needs due to the COVID-19 pandemic. The co-op’s revenue was $1.4 billion during the first quarter, an increase of 3.8 percent above the first quarter …

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NRHA, Industry Leaders Urge Lawmakers to Deem Home Improvement Retailers ‘Essential’

home improvement retailers

The North American Retail Hardware Association (NRHA) and home improvement industry leaders are banding together to urge federal, state and local governments to deem home improvement workers as “essential” in the face of the COVID-19 pandemic. The letter was signed …

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Ace Hardware Sees Revenue and Income Climb

covid-19

Ace Hardware Corp. reported record highs for revenue and net income in the third quarter of 2019. The co-op’s revenues for the quarter hit $1.5 billion, an increase of 7.2 percent from the third quarter of 2018. Net income was …

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Ace Hardware Acquires Home Repair Franchise

handyman matters

Ace Hardware Corp. has completed the acquisition of Handyman Matters, a home repair, maintenance and improvement services franchise based in Denver, the company confirms in a statement. Ace confirms Handyman Matters will soon become Ace Handyman Services and operate as …

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