ACE Hardware Named 6th Largest Franchise Operation

November 04, 2011 // Franchising.com // OAK BROOK, Ill. – Ace Hardware Corporation is ranked the sixth largest franchise operation in the world in the recently released 2011 Franchise Times Top 200TM Franchise Systems list. The largest retailer cooperative in the convenience hardware industry, Ace Hardware has held a position in the top six each year since its debut on the list in 2005.

The 12th annual compilation of the list ranked Ace sixth based on its retailers annual worldwide retail sales in 2010, estimated to be $12.5 billion. Ranking ahead of Ace in the top six are other household names that include McDonald’s, 7-Eleven, KFC, Subway and Burger King. Ace is the only hardware/home improvement retailer on the list.

“To be consistently ranked in the top six by Franchise Times is a testament to Ace’s ability to year-after-year attract new investors and motivate current retailers to open additional stores,” said Kane Calamari, vice president of retail operations and new business for Ace Hardware. “Our co-op business model actually offers all of the benefits of a franchise, while still inspiring and encouraging entrepreneurialism among our retailers through growth initiatives and incentives.”

The 2011 Franchise Times list reports that franchising “returned as an economic bright spot” in 2010, with the 200 largest systems experiencing total sales growth of 6.3 percent on an adjusted basis.

About Ace Hardware

For more than 85 years, Ace Hardware has been known as the helpful hardware store in thousands of communities across America. Customers depend on Ace to help them take care of their homes quickly and easily so they can get on with their lives. In 2011, Ace ranked “Highest in Customer Satisfaction among Home Improvement Stores for the Fifth Consecutive Year,” according to J.D. Power and Associates. With 4,500 locally owned and operated hardware stores, Ace is the largest hardware cooperative in the industry. Headquartered in Oak Brook, Ill., Ace currently operates 14 distribution centers in the U.S. It also has distribution capabilities in Shanghai, China; Panama City, Panama; and Dubai, United Arab Emirates. Its retailers’ stores are located in all 50 states and more than 60 countries. For more information on Ace, visit www.acehardware.com.

Contact:
Tim Young or Heather Sexton
L.C. Williams & Associates
800-837-7123 or 312-565-3900
tyoung@lcwa.com or hsexton@lcwa.com

Kate Kirkpatrick
Ace Hardware Corporation
630-990-1478
kkirk@acehardware.com

###

Share this Story:

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

Denny's
Denny's is America's largest full-service family restaurant chain, consisting of 168 company-owned units and 1,692 franchised units, with operations...
Midas
Midas, a recognized brand throughout the world and highly renowned name in complete car care, is proud to be one of North America's original...
Kiddie Academy
Educational Child Care Franchise. Kiddie Academy is one of the nation's most respected providers of quality educational child care.
The Simple Greek
The Simple Greek is redefining the traditional Greek restaurant with an interactive concept that combines premium ingredients, open kitchens and...
Estrella Insurance
Estrella Insurance® specializes auto insurance & car insurance quotes.

Subscribe to Franchising.com Express

A Franchise Update Media Production
Franchise Update Media | P.O. Box 20547 // San Jose, CA 95160 // PH. (408) 402-5681
Copyright © 2001 - 2017. All Rights Reserved.

In Loving Memory Of Timothy Gardner (1987-2014)