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Tag Archives: john venhuizen

Ace Cancels 2020 Spring Convention Amid COVID-19 Concerns

covid-19

BREAKING: Ace Hardware Corp. has canceled its 2020 Spring Convention amid growing concern regarding COVID-19, also known as the coronavirus. The event was originally scheduled to take place March 12-14 in Chicago. Late last night, Ace president and CEO John …

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Ace Hardware Reports Record Revenue in 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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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 Presents New Initiatives at Fall Convention

covid-19

Ace Hardware Corp. presented a new growth plan and promoted some new initiatives at its fall buying show in Atlanta. The co-op announced Higher Ground, its new strategic plan, at the Ace Hardware Fall 2019 Convention & Exhibits, which 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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Ace Hardware Reports Second-Quarter Revenue Growth

emery jensen

Ace Hardware Corp. has reported record second-quarter 2019 revenues of $1.7 billion, an increase of 6.3 percent from the second quarter of 2018. Net income was $53.8 million for this period, a decrease of $1 million from the second quarter …

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Global DIY Summit Unites Home Improvement Industry

home improvement industry

The  seventh annual Global DIY Summit came to a close last Friday in Dublin. Throughout the three-day conference, representatives from around the world gathered to discuss issues impacting the home improvement market and the retailers serving it. The event, which …

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Ace Hardware, True Value Top Customer Satisfaction Poll

J.D. Power

Research firm J.D. Power has released its 2019 Home Improvement Retailer Satisfaction Study, and Ace Hardware and True Value have tied for first place for overall customer satisfaction. The survey gathered data from 2,433 customers who purchased a home improvement …

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