When Jeremy Melnick’s grandfather opened his first Ace Hardware store along Chicago’s ritzy Gold Coast in 1950, there wasn’t a whole lot of competition. Wal-Mart? An Arkansas five-and-dime. Lowe’s was two stores in North Carolina. Home Depot was still 29 years away from opening its first location. Amazon CEO Jeff Bezos was 14 years shy of being born. Read More
2021 Annual Report
Ace Hardware Opens Over 100 New Stores In 2022 And Continues Distribution Network Expansion
Ace Hardware, the largest retailer-owned hardware cooperative in the world, recently celebrated the opening of its 105th new store in 2022. The company expects to open at least an additional 60 more new stores ...
Ace Hardware Reports Record Second Quarter 2022 Results
Record second quarter revenues of $2.5 billion, an increase of 2.7 percent on top of last year’s increase of 8.2 percent Second quarter net income of $124.8 million, an ...
Ace Hardware Reports Fourth Quarter And Full Year 2021 Results
Record full year revenues of $8.6 billion, an increase of 10.7 percent on top of last year’s increase of 27.9 percent Record fourth quarter revenues of $2.1 billion, an ...