Recently, tariffs on goods entering the U.S. have been hot topics in retail. No matter which industry a business operates within, tariff implementations are causing ripple effects on suppliers and shoppers alike. Retail leaders from some of the U.S.’s best-known …
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Ace Hardware Sees Income, Revenue Growth in First Quarter
First-quarter 2019 was a period of growth for Ace Hardware Corp. The Oak Brook, Illinois, co-op on May 22 reported first-quarter 2019 revenues of $1.4 billion, an increase of 5.1 percent from the first quarter in 2018. Net income was $22.6 million …
Read More »Ace Hardware Is Focused on Retailer-Centric Change and Growth
Click the picture to download a PDF of this story. Onward and Upward By Kate Klein, kklein@nrha.org Ace Hardware Corp. is on a growth path that maintains its retailer-owned cooperative model, continues to pursue its core values and finds new, adaptive ways to …
Read More »Venhuizen Q&A: Ace Maintains Mission While Embracing Change
John Venhuizen President and CEO Venhuizen has worked at Ace Hardware for more than 25 years, serving in a variety of leadership positions. In the past, he has overseen marketing, business development, strategy, supply chain, IT and Ace International. Hardware …
Read More »Ace Hardware Reports Revenue and Sales Increases for Second Quarter
Ace Hardware Corp. reported Aug. 22 that it achieved growth in revenues, sales and income during the second quarter of 2018. The company’s revenues were $1.6 billion for the quarter, an increase of 6.4 percent from second-quarter 2017. The co-op …
Read More »Ace Hardware on Getting ‘Faster Than Amazon’
The Ace Hardware Fall 2018 Convention & Exhibits started Thursday with stories of retailers’ successes and generosity—and a promise from president and CEO John Venhuizen to improve the co-op’s logistics performance. Venhuizen spoke at the convention’s general session, which kicked …
Read More »Ace Hardware Sees Q1 Revenue Increases, ‘Record Sales Growth’
Ace Hardware Corp. reported increases in revenue and sales, including double-digit online sales growth, in its first quarter of 2018. Ace, which released its financial results May 23, achieved revenue of $1.3 billion, an increase of 6 percent above the …
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