Ace Hardware and True Value are two of the most popular hardware stores in the United States. Both stores offer a wide variety of hardware, tools, and home improvement supplies. But are they the same thing?
Ace Hardware is a chain of stores that is owned by Ace Hardware Corporation, a cooperative of independently owned Ace stores. True Value is an independent hardware store chain. While both companies offer similar products, there are some key differences between them.
For one, Ace Hardware Corporation is a publicly traded company, while True Value is privately owned. This means that Ace is answerable to shareholders, while True Value does not have to answer to anyone but itself. This can impact the way that the two companies operate.
Another difference is that Ace Hardware stores are usually much larger than True Value stores. This allows Ace to carry a wider selection of merchandise than True Value. However, it also means that Ace stores may not have the same level of personal service as True Value stores.
Finally, Ace Hardware has its own private label brand, called “Ace Brand”. This brand offers lower prices than other brands carried by Ace, but still has the quality that customers expect from the store. True Value does not have its own private label brand, but it does offer a wide variety of brands at different price points.
So, what’s the bottom line? Are Ace Hardware and True Value the same thing?
While they both offer hardware and home improvement supplies, there are some key differences between them. These differences include ownership structure, size, and private label brands.
