October 3, 2017
Ace Hardware Corporation and The Grommet, today announced that Ace Hardware has completed its acquisition of a majority stake in e-commerce startup, The Grommet.
The Grommet operates an e-commerce website that markets and sells new and innovative products created by independent entrepreneurs, also known as Makers. It has discovered and launched dozens of now household brand names, including FitBit, IdeaPaint, OtterBox, SimpliSafe and SodaStream.
• Record third quarter revenues of $1.4 billion, an increase of 6.3 percent from last year • U.S. same-store-sales up 1.8 percent during the quarter • Third quarter net income…
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94-year-old chain stresses mom-and-pop traditions
“We are proud to be recognized by Franchise Times as a top franchise for the fourth year in a row,” said John Tovar, Vice President Operations and New Business for…
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McGuckin Hardware is ending its 30-year partnership with the True Value co-op as of Dec. 31, 2016, and will start buying from the Ace Hardware co-op as of Jan. 1,…
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How optimistic are 765 Ace Hardware retailers surveyed in the recent biennial Retailer Satisfaction Survey? Almost 90% say they “intend to grow and expand operations in the near term,” the…
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Brooklyn, New York-based retailer Matt Mazzone’s idea to sell chocolate for charity has been a huge hit. It started out local, and sweetened into a national program whereby Ace stores…
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