08.02.21
Oakbrook, IL, USA
www.acehardware.com
PUBLIC COMPANY; YEAR ESTABLISHED: 1926
REVENUE: $990 million*
MARKETS SERVED
Architectural coatings
KEY EXECUTIVES:
John S. Venhuizen, CEO and president; William M. Guzik, CFO, chief risk officer and executive VP; J. Thomas Glenn, president of East Tennessee and Northwest Georgia; Kerilyn M. Johnson, VP, general counsel and secretary; Lori L. Bossmann, executive VP of supply chain and retail support.
For 50 years, Ace was privately held before becoming a retailer-owned cooperative in 1976. Each store is independently owned and operated by local entrepreneurs. Today, Ace is the largest retailer-owned cooperative in the hardware industry in terms of wholesale and retail sales and the strength of the brand. Ace’s 4,600 stores in all 50 states and more than 60 countries generate annual retail sales of approximately $12 billion. Ace currently operates 14 distribution centers in the U.S. and one in Shanghai, China. Ace employs approximately 4,500 corporate team members worldwide and has four regional offices, located in Raleigh, NC; Atlanta; Denver and Woodridge, IL.
Benjamin Moore paints are now available at more than 3,500 participating Ace Hardware stores nationwide, in addition to Benjamin Moore’s existing network of 5,000+ locally owned and operated independent retailers.
Ace Hardware named Benjamin Moore its preferred paint supplier and began offering an assortment of Benjamin Moore paints to participating Ace stores in the U.S. this spring.
“Since 2005, Benjamin Moore and Ace Hardware have worked together to service the DIY customer through the hardware segment. Expanding our relationship with Ace furthers our legacy commitment to the independent retail channel, while broadening access to Benjamin Moore for paint customers,” Benjamin Moore chairman and CEO Dan Calkins said.
Ace Hardware stores will carry an assortment of premium interior and exterior Benjamin Moore paints, notably Regal Select and ben. Benjamin Moore will also assume responsibility for manufacturing Clark+Kensington and Royal, Ace Hardware’s private label paint brands.
www.acehardware.com
PUBLIC COMPANY; YEAR ESTABLISHED: 1926
REVENUE: $990 million*
MARKETS SERVED
Architectural coatings
KEY EXECUTIVES:
John S. Venhuizen, CEO and president; William M. Guzik, CFO, chief risk officer and executive VP; J. Thomas Glenn, president of East Tennessee and Northwest Georgia; Kerilyn M. Johnson, VP, general counsel and secretary; Lori L. Bossmann, executive VP of supply chain and retail support.
For 50 years, Ace was privately held before becoming a retailer-owned cooperative in 1976. Each store is independently owned and operated by local entrepreneurs. Today, Ace is the largest retailer-owned cooperative in the hardware industry in terms of wholesale and retail sales and the strength of the brand. Ace’s 4,600 stores in all 50 states and more than 60 countries generate annual retail sales of approximately $12 billion. Ace currently operates 14 distribution centers in the U.S. and one in Shanghai, China. Ace employs approximately 4,500 corporate team members worldwide and has four regional offices, located in Raleigh, NC; Atlanta; Denver and Woodridge, IL.
Benjamin Moore paints are now available at more than 3,500 participating Ace Hardware stores nationwide, in addition to Benjamin Moore’s existing network of 5,000+ locally owned and operated independent retailers.
Ace Hardware named Benjamin Moore its preferred paint supplier and began offering an assortment of Benjamin Moore paints to participating Ace stores in the U.S. this spring.
“Since 2005, Benjamin Moore and Ace Hardware have worked together to service the DIY customer through the hardware segment. Expanding our relationship with Ace furthers our legacy commitment to the independent retail channel, while broadening access to Benjamin Moore for paint customers,” Benjamin Moore chairman and CEO Dan Calkins said.
Ace Hardware stores will carry an assortment of premium interior and exterior Benjamin Moore paints, notably Regal Select and ben. Benjamin Moore will also assume responsibility for manufacturing Clark+Kensington and Royal, Ace Hardware’s private label paint brands.