Content about Co-op news

September 19, 2014

Ace Hardware is expanding its use of the services of eBay Enterprise to deliver omnichannel In-Store Pickup services to its customers, which is due to be implemented in a total of 1,000 stores nationwide.

September 18, 2014

Orlando, Florida – Ace’s current merchandise strategy is heavy on the paint department, but there were plenty of other categories making news in the 850,000 square feet of exhibits here at the Orange County Convention Center.

Ace Hardware General Merchandise Manager Frank Carroll, speaking during the General Session here at the 2014 Fall Ace Convention & Exhibits, described the market as “a retail wonderland” with paint leading the way.

September 2, 2014

Lenexa, Kansas-based Westlake Ace Hardware’s summer fan drive to benefit the elderly generated some $30,000 worth of cooling equipment. 

The retailer partnered with The Salvation Army for the drive July 17 to Aug. 3. More than $30,000 was donated, equating to more than 2,000 fans donated -- at cost -- to The Salvation Army.

August 28, 2014

Ace Hardware Corporation has employed the wares of Digital Lumens in upgrading the lighting of its 1-million-sq.-ft. Retail Support Center in Rocklin, California.

The facility has been outfitted in Digital Lumens Intelligent LED Lighting since October 2013, saving Ace an average of 81% on lighting-related energy use, the company said.

August 13, 2014

Hardware Distribution Warehouses, Inc. CEO and President Kenneth R. Beauvais said HDW will be expanding its wholesale services into the Florida panhandle beginning Sept. 1.

“In addition to our recent expansion into Northwest Texas, we have made the decision to extend our service area into the Florida panhandle,” Beauvais said. “This expansion will result in additional opportunities for our employee owned company.”

The announcement was made at the company’s 2014 Fall Market, which ended Aug. 10 in Shreveport, Louisiana.

August 13, 2014

With heavy investment in its Paint Studio and a corresponding media blitz to promote it, wholesale sales at Ace Hardware Corp. jumped double digits in the second quarter, the co-op reported Wednesday morning.

August 13, 2014

Gina Schaefer, CEO of nine-store, D.C.-area Ace chain A Few Cool Hardware Stores, was recognized recently as a top female CEO during the SmartCEO Brava! Awards.

Schaefer was among 32 women (of 200 applicants) recognized by Washington SmartCEO Media during the July 30 ceremony.

Schaefer has been at the helm of the Ace chain since opening her first hardware store in 2003. Today, she sits on the Ace Hardware Corporate Board and is the board president for Think Local First D.C., a board vice chair for House of Ruth and a member of the Advisory Board for Jubilee Jobs.

August 11, 2014

Fort Wayne, Indiana-based Do it Best Corp. added Nick Talarico as a divisional manager, effective Aug. 1.

In his new role, Talarico will oversee the hand tools, plumbing, cleaning, housewares and InCom departments within merchandising. He had previously served as the co-op’s manager of internal audit since May 2011.

July 31, 2014

As is its annual custom (now in its fourth year), Ace Hardware Corporation recognized a new spate of Ace stores in its 2014 "Coolest Hardware Store" awards. Six stores nabbed the title out of 4,850 Ace stores worldwide, named officially during Ace's Platinum Conference held in Las Vegas.

July 29, 2014

Ace Hardware has struck a deal with RONA, a Canadian retailer and distributor of hardware, building materials and home renovation products, to forge a long-term agreement for master licensing of the Ace brand in Canada.

July 29, 2014

True Value Company reported strong results in the second quarter, with a revenue boost of 4.5% driven largely by an expanded assortment of farm, ranch, automotive, pet, seasonal and plumbing products.

Reported revenue for the co-op was $429.5 million for the three months ended June 28, compared with $411.2 million year-over-year.

July 10, 2014

Customers in Utah, Nevada and Wyoming can now buy NuvohH2O's water softeners at certain Ace Hardware stores, the supplier announced Thursday. 

Instead of using salt like most water softeners, NuvoH2O's products work with the help of a citrus agent and don't require electricity, brine tank, drain or soft water loop to work/. The absence of salt reduces buildup on fixtures and shower doors.

July 10, 2014

Ace Hardware affiliate Klinker's Lumber & Building Supply of Waverly City, Ohio, was recognized by the state's House of Representatives for opening a new paint studio in May.

The store's paint studio — essentially a remodeled and rethought version of its paint section — now sells Valspar paints, including their Aspire and Professional line of paints, in addition to the Ace line of paint. The paint studio will also allow employees to mix custom paint colors to match customers' color palettes.

July 1, 2014

Ace Hardware is shipping off to New Zealand -- specifically, as a wholesale supplier to Mitre 10, a major home improvement retail cooperative in the country. Individual Mitre 10 stores will also have the opportunity to purchase goods from Ace directly.

June 13, 2014

Oak Brook, Illinois-based Ace Hardware Corporation made some updates to its corporate board of directors, not the least of which includes the planned appointment of Jim Ackroyd as chairman.

Ackroyd is the CEO of Vision Ace Hardware, an 11-store chain in southwest Florida. He was named vice chairman last year as part of a planned changeover within the chairman position. As a member of Ace's board since 2008, he was also re-elected to another three-year term as a member director.

June 11, 2014

Ace Hardware Corporation hired Karen Fedyszyn as VP of information technology (IT) and chief information officer.

Reporting to Ace’s CFO, Fedyszyn will play an integral role in driving strategic technology and systems management for Ace to shape business functions and deliver significant return on investments, the co-op said.

June 10, 2014

As the largest retailer-owned hardware cooperative in the industry, Ace Hardware knows plenty about paint. But it turns out it may also know a thing or two about nail color. In the first-ever collaboration of its kind, Ace Hardware has partnered with nail lacquer brand OPI to create an exclusive color palette by Clark+Kensington, Ace’s premium paint line.

June 9, 2014

The J.D. Power 2014 U.S. Home Improvement Retailer Store Satisfaction Study gave high marks to Oak Brook, Ill.-based Ace Hardware Corp.

J.D. Power’s ranking have Ace Hardware “Highest in Customer Satisfaction with Home Improvement Retail Stores” for the eighth year in a row. Ace has captured this ranking ever since the organization began this study eight years ago. 

June 4, 2014

While staff and service remains the most influential factor in satisfaction once customers are at a home improvement retail store, price is what drives customers to a retailer in the first place, underscoring the importance of competitive differentiation efforts via better price and value perception, according to the J.D. Power 2014 Home Improvement Retailer Satisfaction Study released today.

The survey results also showed Ace Hardware at the top of the 2014 Home Improvement Retailer Satisfaction Study, followed by Menards and Lowe’s.

June 4, 2014

Jeff and Al Bunge of Cedar Lake True Value Hardware were recognized by the Chicago-based True Value Company as one 13 “Best Hardware Store in Town” honorees.

According to the co-op, Jeff got his own department in the family owned store at the age of 11, working under his father and uncle. The store was converted to the Destination True Value format in June 2012.

May 29, 2014

As paint-aisle competition heats up across the home improvement industry, Chicago-based True Value Company says its new True Value Beauty by Design color center is brushing up stores with enhanced technology and merchandising.

May 21, 2014

The NRHA set its sights on Joe Taylor, president and CEO of Taylor's Do it Centers in Virginia, as one of three 2014 "Top Gun" honorees from around the industry.

Taylor was recognized for his role in continuing the robust legacy of the Taylor's tradition, which has given rise to 11 retail locations statewide and spans four generations. In acknowledgment of its history, robust numbers and adaptability, It's credited as one of the nation's most successful family-owned hardware operations.

May 20, 2014

Aniel Wade, an employee of Vision Ace Hardware in LaBelle, Florida, rescued a family from a burning building in February, a feat that earned him a full-page writeup in the recent issue of Men's Health, in which he was dubbed an "Everyday Hero."

According to multiple media reports, 20-year-old Wade was busy making deliveries in Alva, Florida, when he came upon a burning house with an elderly woman out front, gasping for air.

May 20, 2014

Brent Burger, True Value chairman and owner of five Campbell's True Value locations in Maine, was honored recently by the NRHA as one of its three industry "Top Guns" of 2014.

Setting Burger apart is his track record of promoting growth for the chain of hardware stores, as well as his commitment to his community as president of the True Value Foundation.

Burger has been on the True Value board since 2007 and has been serving as chair since 2013. Before joining the company in 1999, he worked for Starbucks Corporation and TCBY Enterprises, Inc.

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