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Ace Hardware Presses Ahead in Q2 Despite Grommet Demise

Ace Hardware Presses Ahead in Q2 Despite Grommet Demise

by Mike Duff | Aug 24, 2022 | Retail Articles

As it identified second quarter revenues as record-setting, Ace Hardware Corp. also posted net income that included a charge for the closure of The Grommet. Ace Hardware posted net income attributable to the company of $124.9 million for the quarter, up $116 million...
Ace Hardware Presses Ahead in Q2 Despite Grommet Demise

Distribution Expansion Supports Ace Hardware Growth

by Mike Duff | Aug 11, 2022 | Retail Articles

Ace Hardware has announced plans to add 4.4 million square feet of distribution capacity by opening three new warehouses in the next five years. The distribution center plans come in the aftermath of Ace adding more than 2.5 million square feet to its network over the...
NRF: Hot Retail List Demonstrates Post-COVID Complexities

NRF: Hot Retail List Demonstrates Post-COVID Complexities

by Mike Duff | Aug 8, 2022 | Retail Articles

The National Retail Federation’s Hot 25 list, developed with market research and consulting firm Kantar, and analyzing 2021 sales results, gives an indication of which storerunners made initial progress in emerging from the depths of the COVID-19 pandemic. Still, any...
Ace Hardware Presses Ahead in Q2 Despite Grommet Demise

Ace Rewards Day Returns, Not Coincidentally, July 12 & 13

by Mike Duff | Jul 8, 2022 | Retail Articles

Given that Amazon sets the tone for summer event season, it’s likely no accident that Ace Hardware Corp. is bringing back Ace Rewards Day for the fourth consecutive year on the same dates as Prime Day, July 12 and 13 .Ace will offer exclusive online deals and...
Placer.ai: Home Decor, Home Center Retailers Confront Contrary Currents

Placer.ai: Home Decor, Home Center Retailers Confront Contrary Currents

by Mike Duff | Jun 22, 2022 | Home + Housewares

According to a Placer.ai study, the home center and home decor channels — home decor in this case including retailers from At Home to Bed Bath & Beyond to The Container Store — aren’t growing the way they did during the height of the COVID-19 pandemic but that...
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