Ace Hardware is an American hardware retailer owned by Ace Hardware Corporation. The company was founded in 1924 by Richard Hesse, E.C.
Simmons, and Frank Burke. It is headquartered in Oak Brook, Illinois, United States.
Ace Hardware Corporation is a hardware cooperative with more than 5,000 independently owned and operated hardware stores in the United States and 70 other countries. As of 2019, it is the largest hardware store chain in the world with nearly 2,200 locations.
Lowe’s Companies, Inc., doing business as Lowe’s, is an American retail company specializing in home improvement. Headquartered in Mooresville, North Carolina, the company operates a chain of retail stores in the United States and Canada. As of November 2018, Lowe’s and its related businesses operate 2,015 home improvement and hardware stores in North America.
Ace Hardware is not owned by Lowes.