Newsroom: How Ace Hardware Turned Corner Stores Into A $4.7 Billion Co-Op

February 11, 2015

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

Featured Stories

Ace Hardware Ranked Among Forbes’ Most Reputable Companies in America for 2019

Ace Hardware Corporation, the largest retailer-owned hardware cooperative in the world, is proud to announce it has been named one of America’s Most Reputable Companies in America for 2019. Conducted…
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Ace Hardware Announces New E-Commerce Delivery Service

Ace Hardware Corporation, the largest retailer-owned hardware cooperative in the world, is pleased to announce the roll out of “Buy Online, Deliver from Store” at participating locations across the country.…
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This Is America’s Favorite Home Improvement Store—It’s Not Home Depot (or Lowe’s)

America sure does have an opinion about their favorite stores! The country named the cheapest grocery store, and it has also chosen a favorite home improvement retailer. While Home Depot…
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Archived Stories

Ace Hardware reports second quarter 2017 results

– Record revenues of $1.5 billion, an increase of 4.6 percent from last year – Net income, including one-time pre-tax charges of $7.8 million for our warehouse reconfiguration to support…
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Backed by Visa, Ace steps up its rewards

October 3, 2010 | By Ken Clark The ability to bring instant credit to the sales floor of Ace Hardware stores is seen as a powerful new sales tool for…
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Boulder’s McGuckin dropping ties to True Value for Ace

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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