by Mike Duff | May 23, 2022 | Retail Articles
In the first quarter, coop Ace Hardware reported inflation impacted financial results as it pushed an average ticket gain and, with it, comparable sales. Ace also announced that it had once again earned J.D. Power’s highest ranking for customer satisfaction...
by Mike Duff | May 11, 2022 | Home + Housewares
To support the company’s continued growth, Ace Hardware is moving to a new home office campus, exiting one location in Oak Brook, IL, and moving across town to The Reserve, an 80-acre campus that offers more flexibility, amenities and space. For the first time,...
by Mike Duff | Feb 18, 2022 | Retail Articles
With inflation and supply chain issues having an effect, Ace Hardware Corp. drove sales higher in the fourth quarter but net income fell. Company net income was $9.9 million for the quarter versus $43.3 million in the year-previous period, Ace stated. The 3,400 Ace...
by Mike Duff | Nov 19, 2021 | Retail Articles
Ace Hardware Corp. set a revenue and an earnings record in the third quarter. The cooperative posted a record net income of $99.3 million for the quarter, up to $600,000 from the year-before period, according to Ace. Retail comparable sales in the United States...
by Mike Duff | Aug 20, 2021 | Retail Articles
Ace Hardware Corp. posted record revenues for the second quarter, and the hardware retail cooperative pointed to 2019 to highlight a two-year income gain. Ace reported second-quarter revenues of $2.47 billion, up 8.2% versus the year-prior quarter. Total retail...