Ace Hardware is a hardware store chain in the United States and abroad. It is a division of the Ace Hardware Corporation. The company was founded in 1924 by Richard Hesse and Oscar Fisher in Chicago, Illinois.
Ace Hardware is the largest retailer-owned hardware cooperative in the world. As of 2019, it operates approximately 4,700 stores in 60 countries. In addition to its retail locations, Ace Hardware also has a wholesale division, which sells Ace-branded merchandise to hardware stores and other retailers that are not part of the Ace Hardware cooperative.
The majority of Ace stores are independently owned and operated by local retailers. However, there are some locations that are owned by the Ace Hardware Corporation. These locations are typically larger stores that are located in major metropolitan areas.
Ace Hardware Corporation is headquartered in Oak Brook, Illinois. It is a privately held company that is owned by its member retailers.
There is no one single owner of Ace Hardware Corporation. Instead, it is owned by a group of retailers who have each invested in the company.
