In driving store growth, Ace Hardware has already opened over 100 new stores in 2023, and is planning to open more than 170 by the end of the year, the company indicated as it prepares for its annual convention. The company has opened more than 1,100 stores in the...
Although discretionary purchases have been soft lately for some retailers, Ace Hardware Corp. managed a solid quarter with comp sales and income gains. For the second quarter, the cooperative posted a net income of $126.7 million versus $124.8 million in the...
Ace Hardware Corp. announced plans to open a new Retail Support Center in Kansas City, MO, spanning approximately 1.5 million square feet. Ace expects it to be fully operational in 2025. Ace Hardware is building the new facility to balance its current distribution...
Unseasonable weather was a contributing factor to the first sales and profit decline at Ace Hardware Corp. in more than six years, the cooperative asserted. In the first quarter, Ace recorded net income of $66.2 million, a decrease of 44.7% or $53.6 million, from the...
Although the Massachusetts Institute of Technology comes in first, the top retailer in the Forbes America’s Best Large Employer study was H-E-B at number five. Among retailers, Trader Joe’s at 16 and Costco Wholesale at 25 come in next. Wegmans at 44 and...
