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Tag Archives: co-op

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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Ace Hardware Begins E-Commerce Delivery Service

e-commerce delivery

Ace Hardware is introducing a new “buy online, deliver from store” program for Ace locations across the country, according to a press release. The company says the new delivery option is an important component of its enhanced e-commerce offering. “There …

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How Do it Best Provides Retailers the Building Blocks for Success

do it best

The DNA of Service Nearly 75 years ago, Arnold Gerberding went door to door to hardware retailers and lumber dealers throughout the Midwest, asking them to pledge $1,000 to help secure greater buying power for their businesses and to maintain …

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Starr Q&A: Do it Best CEO Talks Co-Op’s Core Values and Strategic Goals

dan starr

Dan Starr President and CEO Dan Starr has served as president and CEO of Do it Best since 2016. He has previously served in a variety of roles since joining the company in 2006. Starr is only the fifth CEO …

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