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Tag Archives: john venhuizen

Ace Slated to Open 170 New Stores This Year

ace new stores

Since the beginning of the year, Ace Hardware, the largest retailer-owned cooperative in the world, has opened 110 new stores. The company is on track to open 60 more before the end of the year.  “Our proposition for consumers is …

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Ace Reports Another Record-Breaking Quarter for Revenues

Ace revenues

After posting a record-breaking first quarter, Ace Hardware continues to shatter revenue numbers in the second quarter of 2021. Ace revenues for the second quarter were $2.5 billion, up 8.2 percent from last year and an increase from the $2 …

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Ace Hardware Reports Record Sales, Revenue in 2020

ace hardware 2020 financial results

Ace Hardware Corp. has reported its fourth-quarter and fiscal year 2020 financial results, confirming a record-breaking year for the home improvement retailer. For the fourth quarter, Ace reported revenues of $2.1 billion, a 39 percent increase from the same period …

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Ace International Replaces Retiring Company President

ace

Ace Hardware Corp. announced Jan. 25 that Ace International is replacing its retiring president and general manager in April. Jay Heubner, current president and general manager of Ace Hardware’s international subsidiary, will retire March 1 after 38 years with the …

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Ace Hardware Achieves Record Q3 Revenue

ace hardware q3 revenue

Ace Hardware Corp. reported record third-quarter 2020 revenues, showing the ongoing growth of same-store and online sales during the COVID-19 pandemic. The growth in the third quarter follows a very strong second quarter, which was strongly shaped by consumer’s pandemic …

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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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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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