World Library  
Flag as Inappropriate
Email this Article

Ace Hardware

Ace Hardware Corporation
Retailers' cooperative
Founded Chicago, Illinois, U.S. (1924 (1924))
Headquarters Oak Brook, Illinois, U.S.
Number of locations
Over 4,600 (2015)[1]
Area served
Number of employees
~86,000 (2015)[1]
Slogan "The Helpful Place"
Website .comacehardware

The Ace Hardware Corporation is a retailers' cooperative based in Oak Brook, Illinois, United States. As of 2015, it has over 4,600 locations, and does over $13 billion in retail hardware sales annually.[2]


  • History 1
  • Overseas shops 2
  • Canada 3
  • Gallery 4
  • References 5
  • External links 6


Ace Hardware was founded in 1924 by ace fighter pilots of World War I, who were able to overcome all odds. Its retail network expanded to hundreds of dealers by 1949, when annual sales reached about $10 million.

After Hesse retired in 1973, Ace was sold to its retailers, becoming a cooperative,[3] and the headquarters moved to suburban Oak Brook. Independent owners became dealer-owners and shareholders in the company. Because it is a co-op and not a franchise, each Ace Hardware store looks different. However, Ace has placed a focus on Ace stores exhibiting some similar characteristics, such as signaled and core product lines. The Vision 21 program, as this is called, is aimed at making all stores recognizable as an Ace Hardware location.

Ace Hardware's long-time slogan The helpful hardware place has been replaced by The helpful place. Another change came in 1989, when its longtime jingle—"Ace is the place with the helpful hardware man"—was modified, replacing "man" with the more accurate "folks".[4] Celebrities Connie Stevens (from 1974 to 1978) and Suzanne Somers (from 1979 into the early 80s) did TV commercials for Ace Hardware; and since 1987, former NFL coach and NFL commentator John Madden did their commercials. In some of the commercials, Madden used some of his famous football quotes.

Home improvement expert Lou Manfredini serves as Ace's "Helpful Hardware Man" and media spokesperson.

John Venhuizen is the President and CEO of Ace Hardware Corporation and has served in that position since taking over for Ray Griffith in 2013. Ace Hardware Corporation now does over $3 billion in hardware sales annually and had $12.5 billion in retail sales during 2007.

In 2012, Ace Hardware acquired its largest member, Westlake Ace Hardware, for $88 million.[5]

Overseas shops

Pt. Ace Hardware Indonesia Tbk. (IDX: ACES) has opened the world's largest Ace Hardware shop, 14,695 square metres (158,180 sq ft), in Living World Mall Alam Sutera, South Tangerang, Indonesia.[6][7] On December 2, 2011 there were 52 Ace Hardware shops in Indonesia.[8] Ace Hardware comprises 28 branches in Israel. The brand is also sold in Barbados, through the chain Dacosta Mannings.[9] The chain has stores all over the Philippines, usually inside shopping malls, includes Ace Hardware store at Maldives.


In 2010, Tim-Br Mart Group entered into an agreement to acquire licensing rights to the Ace brand name in Canada and appointed Eddie Durocher, as national director of the Ace brand.[10]

The deal included two hardware distribution operations formerly the assets of CanWel Hardware and also provided Tim-Br Marts Ltd. ownership of the ‘Pro’ name plus licensing rights to the ‘Ace’ brand name in Canada. Financing for the transaction was provided by HSBC.[11]



  1. ^ a b c Ace Hardware - Frequently Asked Questions
  2. ^ Ace Hardware - Career Opportunities
  3. ^ "Ace Hardware accounting off by $154 million". Associated Press. 5 Sept. 2007.
  4. ^ Ace Hardware Aims to Win with “The Help” - Marketing World Today
  5. ^ Westlake Ace Hardware sells for $88M
  6. ^
  7. ^
  8. ^ "Ace hardware Opens 7th Store". December 2, 2011. 
  9. ^ About Us, Dacosta Mannings
  10. ^ Ace Canada, Timber Mart
  11. ^ Ace Canada, Timbr Group Ltd

External links

  • Ace Hardware
  • Ace Hardware History
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.