Ace Hardware Corp (Ace) is a wholesaler and retailer of hardware, paints and home improvement products. The company’s product portfolio includes paint and supplies, lawn and garden, electrical and lighting and heating and cooling products. It also offers automotive, marine and RV, building supplies, home and decor, outdoor living, storage and organization and plumbing products, and tools. Ace’s retailer-owned cooperative provides services such as marketing, store format design, advertising, insurance, retail training, promotional support, merchandising assistance, market research, and store technology services. The company has business presence across Asia-Pacific, the Americas, the Middle-East, Africa, and Europe. Ace is headquartered in Oak Brook, Illinois, the US.
Headquarters
United States of America
Address
2200 Kensington Court, Oak Brook, Illinois, 60523
Website
www.acehardware.com
Telephone
1 630 9906600
No of Employees
10,500
Industry
Retailing
Revenue (2021)
$8.6B
Ace Hardware Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Lawn and Garden Products | Marketing Services | Ace |
| Home and Decor | Store Format Design Services | Clark + Kensington |
| Plumbing Products | Promotional Support Services | Valspar |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | New Products/Services | In April, the company announced to launch new products new under its brands Traeger Timberline, Weber Genesis and EGO Zero Turn Mower |
| 2021 | Corporate Changes/Expansions | In September, the company has plans to open more than 170 stores by the end of FY2021. |
| 2021 | Corporate Changes/Expansions | In August, the company has plans to open a new distribution center in Visalia, California. This could bring over 400 jobs across the area. |
Competitor Comparison
| Key Parameters | Ace Hardware Corp | The Home Depot Inc | Lowe's Companies Inc | Transform SR Brands LLC | Tractor Supply Co |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Oak Brook | Atlanta | Mooresville | Hoffman Estates | Brentwood |
| State/Province | Illinois | Georgia | North Carolina | Illinois | Tennessee |
| No. of Employees | 10,500 | 490,600 | 200,000 | 89,000 | 22,000 |
| Entity Type | Private | Public | Public | Private | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Brett G. Stephenson | Chairman | Executive Board | 2019 | - |
| John S. Venhuizen | President; Chief Executive Officer | Senior Management | 2013 | - |
| William M. Guzik | Chief Financial Officer; Executive Vice President; Chief Risk Officer | Senior Management | 2014 | - |
| Kimberly S. Lefko | Senior Vice President; Chief Marketing Officer | Senior Management | 2018 | - |
| Kane C Calamari | Senior Vice President; Chief Human Resources Officer | Senior Management | 2018 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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