January 15, 2020
Ace Hardware Corporation, the largest retailer-owned hardware cooperative in the world, is proud to announce it has once again been named a top franchise by Entrepreneur magazine. Recognized by entrepreneurs and franchisors as a competitive tool of measurement, the prestigious Franchise 500® ranked Ace Hardware No. 6, up a remarkable 7 spots from 2019’s No. 13 ranking. Ace was again named No. 1 in its category on the Franchise 500® ranking.
“Ace Hardware is thrilled to be recognized as a top franchise by Entrepreneur magazine, and the jump into the top 10 is a testament to the hard work our independent store owners put in over the last year,” said John Tovar, Vice President, Retail Operations and New Business, Ace Hardware Corporation. “Our local retailers’ commitment to serving their neighbors with unrivaled service, convenience and the highest quality products is truly unmatched, and this ranking reflects that focus on meeting and exceeding our customers’ expectations.”
• Record second quarter revenues of $2.28 billion, an increase of 35.1 percent from last year • U.S. same-store-sales up 35.3 percent; Acehardware.com revenues up 493 percent • Record second…
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,…