Ace Hardware is a hardware store chain with more than 4,000 locations. It is headquartered in Oak Brook, Illinois.
The company was founded in 1924 by Richard Hesse, E.C. Gilbertson, Frank Burke, and Oscar Fisher as Ace Stores. It was later renamed Ace Hardware Corporation.
Ace Hardware is a retailer of home improvement and construction products. It has a store format that includes a wide range of product categories, including hardware, tools, paint, plumbing, electrical, and more. Customers can purchase items either in-store or online.
The company has a business model that includes franchising and licensing agreements with independent retailers. Ace Hardware also has private label products that are exclusive to the company. These products are typically lower-priced than similar products from other brands.
The Ace Hardware business model is based on offering a wide range of home improvement and construction products at competitive prices. The company has a store format that makes it easy for customers to find the products they need, and it offers both online and in-store shopping options. Ace Hardware also has a strong franchising program that allows independent retailers to sell its products under the Ace Hardware name.
