by Mike Duff | Dec 1, 2022 | Retail Articles
Ace Hardware enjoyed record online sales over the peak five-day shopping weekend from Thanksgiving through Cyber Monday, the company declared. Ace experienced record single-day online sales on both Black Friday, up 45% versus 2021, and Cyber Monday, up 33% year over...
by Mike Duff | Nov 21, 2022 | Retail Articles
Ace Hardware Corp. reported higher earnings and record sales in the third quarter, providing evidence that the home repair and remodeling sector is going strong. Ace posted a net income of $100.6 million for the quarter versus $99.3 million in the year-prior period....
by Mike Duff | Aug 24, 2022 | Retail Articles
As it identified second quarter revenues as record-setting, Ace Hardware Corp. also posted net income that included a charge for the closure of The Grommet. Ace Hardware posted net income attributable to the company of $124.9 million for the quarter, up $116 million...
by Mike Duff | Aug 11, 2022 | Retail Articles
Ace Hardware has announced plans to add 4.4 million square feet of distribution capacity by opening three new warehouses in the next five years. The distribution center plans come in the aftermath of Ace adding more than 2.5 million square feet to its network over the...
by Mike Duff | Aug 8, 2022 | Retail Articles
The National Retail Federation’s Hot 25 list, developed with market research and consulting firm Kantar, and analyzing 2021 sales results, gives an indication of which storerunners made initial progress in emerging from the depths of the COVID-19 pandemic. Still, any...