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Tag Archives: co-op

Do it Best Spring Market Focuses on Future

Following the success of the virtual Fall Market, the Do it Best Spring Market opened March 7 to an online audience. The Spring Market builds on what worked at the Fall Market, which saw a 63 percent increase in sales, …

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What’s New at Ace Hardware’s Spring Show

ace hardware

Ace Hardware Corp. is hosting its third fully virtual convention this week, providing retailers with special pricing on products, networking opportunities and training sessions. The digital show is modeled after Ace’s in-person events, which have been important gatherings for retailers …

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Do it Best Announces New Board Members

board of directors

At the 2020 Do it Best Shareholders’ Meeting held Sept. 10 in Fort Wayne, Indiana, the following member-owners were elected to their first terms on the co-op’s 12-person board of directors: Rob Gardiner—President, Damariscotta Hardware and Randolph Hardware Gardiner serves …

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Lowe’s Sells Ace Canada Assets to Peavey Industries

peavey industries

Lowe’s Canada and Peavey Industries LP, a Canadian farm, ranch and hardware retailer, have announced that Peavey Industries is acquiring the assets of Ace Canada. RONA, a company that is part of the Lowe’s Canada group, will sell the assets …

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Ace Hardware Reports Record Revenue in Q4 2019

Ace Hardware revenue

Ace Hardware Corp. reported a record fourth quarter revenue in 2019 of $1.5 billion, a 6.1 percent increase from the fourth quarter of 2018. Net income was $3.5 million for the quarter, a decrease of $21.7 million from the fourth …

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Do it Best Launches New Website

website

Do it Best recently launched its new company website, offering an engaging, informative and user-friendly experience to a broad range of audiences. The new doitbestonline.com serves as an informational hub and key gateway for current and prospective members, prospective employees, …

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True Value CEO Discusses Benefits of Strategic Investment

true value

The chief executive at True Value recently shared thoughts on how changes to the company have impacted the retailers it serves. In March 2018, True Value struck a deal with ACON Investments, effectively transitioning the company from its long-standing co-op …

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Ace Hardware Acquires 50 Great Lakes Ace Stores

Great Lakes Ace

Ace Hardware Corp. confirmed May 22 that the co-op now has full ownership of the Great Lakes Ace Hardware chain. The co-op’s first-quarter financial report says that Ace Hardware experienced revenue increases in early 2019, in part due to the acquisition of …

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