Content about Retailers' cooperatives

August 22, 2012

Civic leaders in Barrington, Ill., 32 miles northwest of Chicago, approved an economic incentive and special use permit sought by an applicant for an Ace Hardware store, according to an article in the Chicago Daily Herald. The agreement allows the hardware store to recoup up to $13,000 per year in municipal sales tax for its first five years. Anything above that would be paid to the village as usual.

August 16, 2012

Handy Hardware Wholesales San Antonio market, Aug. 10 to 12, saw an attendance increase of 11.2% over 2011, the Houston-based hardware co-op reported. 

Handy gave away six Toyota Tundra trucks during the market weekend, and it expects warehouse sales from the event will be at an all-time high, said Mickey Schulte, VP marketing and purchasing.

July 18, 2012

Ace Hardware has launched an “Express” format for both current Ace retailers and other business owners seeking to integrate the Ace brand into their existing offerings. The new, more compact stores average 5,000 sq. ft. or less, include customized merchandising displays and stock more than 11,000 of the most popular and profitable hardware products.

May 31, 2012

The 2012 Home Chanel News Hardware Store All-Star list consists of 50 hardware stores that distinguish themselves with strong customer service, innovative approaches to retail, and a connection to community and customers. 

The alphabetical listing of All-Star stores, one from each of the 50 U.S. states, continues below with Michigan, Minnesota and Mississippi:

May 11, 2012

Sunbury Ace Hardware, an independent dealer outside of Columbus, Ohio, has added U-Haul truck and trailer rentals to its store. Customers can now purchase or rent a variety of moving equipment and supplies, including moving vans, open trailers, closed trailers, furniture pads, appliance dollies, furniture dollies, tow dollies and auto transports. Sunbury Ace Hardware also will offer sales items to protect their customers' belongings and make moving easier, such as heavy-duty boxes, which are made of up to 90% recycled content.

April 27, 2012

Whether it’s a product designed to bring efficiency to the home, save time for the DIYer or allow a consumer a chance to feel good about buying a Made-in-the-USA product, show organizers have taken steps to give permanence to the show-floor activity.

The May 1 to 3 event at the Las Vegas Convention Center will see a few new twists.

For the first time at the show, a “Made in the USA Pavilion” will showcase domestic-made products.

April 5, 2012

Louisville Ace Hardware, a Nebraska dealer that closed after a fire destroyed the store, has decided not to reopen due to the costs imposed by various government regulations.

March 14, 2012

Ace Hardware Corporation recognized seven vendors for outstanding service to the hardware cooperative, its retailers and customers. 

The companies are:

March 8, 2012

By the end of March, Ace Hardware Corp. will convert 13 hardware stores owned by 10 different retailers to the Ace banner. 

The 13 stores will continue to be part of the local buying group Ferrmax, but will end ties with True Value, according to Ace.

“These excellent retailers are a welcome addition to the Ace family,” said Bob Moschorak, president of Ace Hardware International Holdings.

March 1, 2012

Mike Clark is already looking ahead to Christmas. 

During Chicago-based True Value’s 2012 Spring Market general session last month, Clark, the co-op's senior VP and chief merchandising officer, told member retailers: "We know you're looking ahead to fall and winter and thinking about what's going to help you drive your sales."

February 22, 2012

In his first market presentation to True Value retailers, the co-op's new VP marketing and chief customer officer Blake Fohl laid out a plan for -- what else? -- improved marketing. 

He also promised improvements to True Value Rewards (TVR).

February 20, 2012

From coast-to-coast to yet another coast, Chicago-based True Value Company recognized 14 True Value hardware stores as winners of its annual "Best Hardware Store in Town" award.

This year's list included a Bermuda retailer, marking the first time a member outside of the United States was honored by the award.

“Our vision is to help every True Value be the ‘best hardware store in town,’ and these 14 stores represent what it takes to exceed customer expectations,” said Lyle Heidemann, president and chief executive officer of True Value Co.

February 2, 2012

Costello's Ace Hardware of Long Island, N.Y., is planning its first Costello's Spring Training Product Knowledge Seminar series next week.

The Deer Park, N.Y.-based chain of 17 neighborhood hardware stores is bringing together 24 vendors and more than 300 Costello's employees for the Feb. 8 to 9 event. Each day's event is scheduled to run seven to eight hours, finishing with a vendor-appreciation reception on the night of Feb. 8.

January 18, 2012

The owner of Ace Hardware of Grand Ledge, near Lansing, Mich., received a "Businessperson of the Year" award from the Grand Ledge Area Chamber of Commerce.

Jim Roberts, whose family also owns Ace stores in Mason and Holt, Mich., told Home Channel News that the store's focus on service is what sets it apart 

January 16, 2012

Ace Hardware Corp. officially received the trademark for Clark+Kensington, its new line of paint-and-primer in one.

The trademark application was filed April 26 and was registered Jan. 10 by the United States Patent and Trademark Office, according to US Fed News.

Ace Hardware launched Clark+Kensington paint last year and has seen it surpass its goals of member penetration, available in more than 2,700 member stores at the end of 2011. The co-op is engaged in a five-year plan to grab 8% of the DIY paint market. 

January 9, 2012

Geneva Ace Hardware in Geneva, Ill., opened its doors last week, marking the return of Geneva Ace, but under different owners.

The stores new owners are George and Linda Havlicek. George also owns Havlicek Builders. Linda is an interior designer.

According to an article in the Chicago Daily Herald, the store includes a design center and a demonstration kitchen.

January 4, 2012

Two hardware store owners in Clovis, N.M., one an Ace dealer and the other affiliated with Do it Best, have decided to merge, according to an article in the Clovis News Journal.

Burns Do-it Center will relocate on the site of Triangle Ace Hardware, according to the owners, James Burns and Richard Petty.

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.

December 8, 2011

The Orange County Business Journal honored Crown Ace Hardware as the winner of the 2011 Family Owned Business award in the large business category. 

Crown Ace, described in the retailer's press release as "a throwback to the old-school community hardware store that won over its customers with friendliness and customer service," has been operating since 1949 and has grown to 17 stores. Crown took the name of its hometown, Corona del Mar, which translates to “crown of the sea.”

December 1, 2011

According to an article in the Woodbury Patch, Frattallone's Ace Hardware in Woodbury, Minn., plans to double its size.

With the expansion, the store will have room to bring in Stihl tools, according to the article. Frattallone's Ace Hardware has 16 Minnesota locations.

November 18, 2011

Two family-owned hardware stores, an Ace and a Do it Best, are going up against each other on the same block in Minneapolis, according to a news report on KSTP-TV. Although the owners remain friendly, the competition is not.

November 16, 2011

Four South Dakota hardware stores have joined Ace Hardware, the Oak Brook, Ill.-based co-op announced recently.

The stores, owned by John Niederauer, are located in the South Dakota cities of Dell Rapids, Miller, Redfield and Tea. All four stores underwent the transformation in mid-August.

October 15, 2011

Denver -- Ace Hardware stores are showing strong same-store sales, while the distributor's wholesale sales are running ahead of the budgeted 3% growth, CEO Ray Griffith told dealers.

Speaking Saturday morning at the General Session of the co-op's 2011 Convention & Exhibits here at the Colorado Convention Center, Griffith said data from about 3,000 Ace stores show a 2.4% comparable-store sales increase over last year. In each of the last four months, the stores showed comp-sales increases of more than 4%. 

September 28, 2011

With the message that relevant, up-to-date assortments are the lifeblood of successful hardware retailers, True Value Co.'s Mike Clark, senior VP and chief merchandising officer, identified winners during his presentation at the co-op's Fall Market in Philadelphia.

Clark also introduced the Chicago-based co-op's initial Farm & Ranch assortments.

True Value's farm and ranch offerings range from towing, jacks, oil and air filters, electric fencing, baler twine and Miller plastic buckets, to name a few.

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