Ace Hardware is an American hardware retailer, headquartered in Oak Brook, Illinois. It is a cooperative of independently owned hardware stores, and its members own more than 4,600 stores in all 50 states of the United States and in more than 60 countries.
The company was founded in 1924 as Ace Stores, and it expanded internationally in the 1970s.
Ace Hardware is not related to True Value. While both companies are hardware retailers, they are not affiliated with each other. True Value is a privately-owned company, while Ace Hardware is a cooperative of independently-owned stores.