Content about John Venhuizen

February 20, 2014

Ace Hardware Corp. announced today that it has acquired Emery-Waterhouse, the Portland, Maine-based distributor of hardlines products for independent lumber, paint, industrial and hardware outlets. 

“The acquisition of Emery-Waterhouse serves as a tremendous catalyst to leverage wholesale purchasing power,” said John Venhuizen, president and CEO, Ace Hardware. “We are confident that both Ace retailers and Emery-Waterhouse customers will benefit from the additional scale and expanded assortments.”

February 19, 2014

Oak Brook, Ill.-based Ace Hardware Corp. reported total fiscal 2013 revenues of $4.2 billion, an increase of 8.2% over the previous year.

“2013 was a record year for the company," said John Venhuizen, Ace president and CEO. “We outperformed our operating plan, exceeding $4 billion in consolidated revenues and $100 million in net income for the first time in our history.”

December 10, 2013

The stakes are high for the nation’s independent retailers. And the competition is fierce. Stores around the country are fighting for their share of the housingmarket recovery in a highly promotional shopping environment.

November 13, 2013

Ace Hardware Corp. released its third-quarter earnings report today to the generally positive results of 8.9% growth in revenues since 2012, but more of the same in terms of income.

The hardware cooperative netted $1.0 billion in revenues for the third quarter, an increase of $84.4 million over the same quarter in 2012.

Meanwhile, net income came in at $34.4 million, little changed since 2012's figure of $34.3 million.

September 18, 2013

Jim Ackroyd, CEO of Vision Ace Hardware in Naples, Fla., will assume chairman-of-the board status at Ace Hardware Corp. in June 2014.

Ace Hardware, which underwent a CEO transition earlier this year as John Venhuizen replaced the retiring Ray Griffith, delayed the transition of the chairman position to mitigate disruption, according to the co-op.

Ackroyd will replace Dave Ziegler of Ziegler’s Ace, which has nine locations in Illinois. Vision Ace operates 11 locations in Florida.

September 10, 2013

Orlando, Fla. -- Ace Hardware CEO John Venhuizen took the stage in Orlando during the co-op’s Fall Convention and energetically spelled out reasons for Ace stores to be optimistic. He also declared: “We lack the luxury to stand still.”

August 14, 2013

Pointing to sales gains in virtually every department, Oak Brook, Ill.-based Ace Hardware Corp. reported second-quarter revenue growth of 9.7% -- to $1.74 billion from $1.07 billion. Net income increased to $42.3 million, compared with net income of $14.9 million in the same quarter last year.

CEO John Venhuizen said the co-op is pleased with the results so far in 2013. "Sales increased in virtually every department with significant growth at both wholesale and retail from our Discovery Edge, Level 3 merchandising re-sets and branding inititatives," he said. 

May 23, 2013

Oak Brook, Ill.-based Ace Hardware reported first-quarter revenues of $923.2 million, up 1.7% from the same quarter in 2012.

Net income of $4.4 million was down from $10.2 million earned in 2012.

April 8, 2013

From Ace's John Venhuizen

March 22, 2013

The Oak Brook, Ill.-based co-op reported fiscal 2012 revenues of $3.8 billion along with a strong fourth quarter.

March 15, 2013

On March 31, John Venhuizen will step from behind the scenes into one of the most front-and-center posts in the hardware business — that of CEO of Ace Hardware Corp. After standing and delivering a motivational presentation to thousands of dealers at the co-op's Spring Convention & Exhibits in New Orleans, he sat down with HCN.

HCN: What worries you as you step into the CEO role?

February 21, 2013

New Orleans -- Ace Hardware CEO Ray Griffith, who will step down as CEO in late March, gave his last general session talk to the collected membership of the co-op.

December 27, 2012

Oak Brook, Ill.-based Ace Hardware’s recent purchase of the 85-store Westlake Ace Hardware chain -- the co-op’s largest customer -- represented “good offense” and “good defense,” according to the co-op’s message to Ace retailers.

September 4, 2012

Ace Hardware president and CEO Ray Griffith announced his plans to retire from the hardware cooperative on March 31, 2013, and the company’s board of directors has named Ace’s chief operating officer John Venhuizen his successor.

Effective Sept. 1, 2012, Venhuizen assumed the role of president, while retaining his existing chief operating officer duties of Ace Hardware Corp. Griffith will maintain his role as CEO until his retirement.

August 29, 2012

Rallying the troops during the Ace Fall Convention and Exhibits, chairman Dave Ziegler showed the early morning general session audience a video clip of Ace COO John Venhuizen wielding a Home Channel News magazine.

In the magazine was a quote from a Home Depot executive about leading the industry in convenience and service. Venhuizen responded by channeling defiant former NRA spokesman Charlton Heston: Ace will relinquish the title of most convenient “when they can peel it out of our cold dead hands.”

December 20, 2011

Ace Hardware appointed John Venhuizen chief operating officer, effective Jan. 1, 2012.

Venhuizen has spent nearly two decades with Ace and most recently served as executive VP supply chain, information technology (IT) and international. In this position, he helped grow the number of Ace stores around the world, as well as create a variety of successful support and incentive programs for retailers.

April 1, 2011

Chicago -- During a general session that included sales and marketing strategies for success, Ace Hardware Corp. executives also expressed disappointment in the co-op's wholesale performance during its recent supply-chain conversion.

They also expressed optimism that its systems have stabilized and that the transition will bear fruit in the form of sales and growth.

October 3, 2010

There’s an old saying in sports: “They don’t ask, ‘How?’ They ask, ‘How many?’ ”...

October 3, 2010

A reputation for customer service doesn’t come easy, and it doesn’t happen overnight. At the...

September 23, 2007

Starting this month, Ace Hardware will launch a pilot in which it takes more than...

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