Content about Ace Hardware

May 23, 2013
Ace reports uptick in revenues

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.

May 14, 2013
Valspar sales flat in second quarter

Minneapolis paint giant Valspar reported second quarter net sales of $1.03 billion, essentially flat with the prior-year quarter.

The company, which recently signed a deal to become the key supplier of paint for Ace Hardware, reported net income of $76.9 million, up from $76.5 million in last year's second quarter.

Volume was up 7%, including the Ace deal, up 3% excluding Ace. 

May 8, 2013
Retailers honored at Golden Hammer Awards

Ray Griffith, Rocky’s and Builders received Golden Hammer awards at a ceremony event in Las Vegas Wednesday morning.

May 6, 2013
Ace, Weather Channel announce 'Restore Your Outdoors'

Ace’s alliance with The Weather Channel provides homeowners with tips and tools to complete their outdoor home maintenance tasks.

May 6, 2013
Golden Hammer strikes again

Everybody loves a winner. And there will be plenty on hand for the 29th annual Golden Hammer Awards in Las Vegas May 8.

The breakfast ceremony will honor the best-of-the-best in home improvement, by revealing the Golden Hammer Vendor Award winners in 30 categories

April 19, 2013
Stores-for-sale site enters new phase

Ace’s HardwareStoresForSale.com is designed to facilitate the buying and selling of hardware stores, and now related equipment.

April 12, 2013
Ace hosts Buying Days event in Oak Brook

Industry vendors have a unique opportunity to introduce their products to Ace Hardware’s merchandise buyers during its Buying Days event on June 7 in Oak Brook, Ill.

April 8, 2013
The Patronage Dividend: Who gets 'em? Who needs 'em?

The co-op structure presents to the hardware industry one of the most interesting financial instruments in all of accounting: the end-of-year rebate.

San Antonio-based Alamo Lumber is a small regional lumberyard company serving 14 south Texas markets with a mix of building supplies and hardware store merchandise.

April 5, 2013
Griffith to enter Hall of Fame in May

Ray Griffith, the recently retired CEO of Ace Hardware, will enter the Home Channel Hall of Fame during the National Hardware Show in May.

March 19, 2013
Co-op’s new campaign: “Meet the Aces”

Ace Hardware’s new television campaign marks a return of the co-op’s “Ace is the place” jingle.

March 11, 2013
In Arizona, a new Ace store

Ace Hardware opened in Casa Grande, Ariz., with a 9,950-sq.-ft. store in the Villago Marketplace, according to the TriValleyCentral.com web site.

March 8, 2013
Saturday is free paint day at Ace

Ace Hardware is promoting its nationwide “Free Paint Saturday,” along with a sweepstakes for customers.

March 8, 2013
Westlake unveils a new store design in Missouri

The 86-store Midwest hardware store chain, recently purchased by Ace Hardware, spent the past year planning the new layout.

February 24, 2013
Ace launches Supply Place for B2B sales

Pointing to the importance of business-to-business sales, Ace Hardware launched a new brand for small business customers.

February 24, 2013
Ace unveils vision for Valspar

One of the busiest booths in the Ace Hardware convention in New Orleans, not surprisingly, was the one showing off the new Valspar paint program.

February 21, 2013
Ace show kicks off with a send-off for Griffith

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.

February 21, 2013
Costello's offers advice with a familiar face

The image of "Vinnie" peers at customers from atop a video monitor at Costello's Ace Hardware on Long Island, its nose and fingers hanging over the screen.

"Vinnie" is named after Costello's Ace Hardware founder Vincent Costello, known to longtime customers as Vinnie.

February 13, 2013
Valspar CEO likes his chances with Ace

After signing a long-term deal to supply paint for Ace Hardware, Valspar CEO Gary Hendrickson expects to ride the recovery to increased sales.

January 16, 2013
Rocky’s appoints new VP operations

Springfield, Mass.-based Rocky’s Ace Hardware appointed Bill Madormo to the post of VP operations for the 33-store chain. 

January 9, 2013
Rocky’s Ace’s annual pet food drive a success

Springfield, Mass.-based Rocky’s Ace Hardware collected more than three tons (6,556 lbs.) of pet food, along with beds, leashes, treats, toys and cleaning supplies during its second annual pet food drive. The supplies were delivered to local animal shelters.

Each of the 33 Rocky’s Ace Hardware stores partnered with an area Humane Society or Shelter to collect food during the holiday.

January 7, 2013
$100K incentive for store goes to council

A request by a Bartlesville, Okla., businessman for a $100,000 incentive to build a new Ace Hardware store in town will be heard by the Bartlesville City Council Monday, according to a report in the Bartlesville Examiner-Enterprise. 

The hearing follows previous discussions by the local businessman, Jeff Potter, and the Bartlesville Development Corp. board of directors. 

January 3, 2013
Ace adds instant savings to rewards

Oak Brook, Ill.-based Ace Hardware launched Instant Savings, a program for Ace Rewards members that allows them to receive instant discounts at the register. 

December 27, 2012
Ace points to strategy behind Westlake purchase

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.

December 27, 2012
Rocky’s promotes HR executive

Springfield, Mass.-based Rocky’s Ace Hardware promoted Karen Gravelin to the position of VP corporate administration.

Gravelin, 56, joined Rocky’s Ace Hardware in September 2011 as director of human resources. In her new role, Gravelin will be responsible for information technology, organizational development and training in addition to human resources, payroll and benefits.

December 18, 2012
Ace turns to Valspar, away from Ben Moore

Ace Hardware is in the final stages of inking a deal that will replace Benjamin Moore, its signature national brand, with a program from Valspar paint, HCN has learned.

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