Ace Wraps Up Successful Fall 2022 Convention

Ace Wraps Up Successful Fall 2022 Convention

  • Posted by Wanda Lenoir
  • On August 24, 2022
  • Cutting Edge Products Magazine, Industry News
Ace Hardware held its Fall 2022 Convention in Chicago on August 16-18, allowing more than 12,000 attendees to buy, sell, and network. The 840,000 sq. ft. exhibit hall in McCormick Place highlighted products and services offered by 1,349 vendors.
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Tractor Supply Begins Construction on New Distribution Center in Maumelle, Arkansas

Tractor Supply Begins Construction on New Distribution Center in Maumelle, Arkansas

  • Posted by Contributor
  • On August 24, 2022
  • Cutting Edge Products Magazine, Industry News
Tractor Supply Company, the largest rural lifestyle retailer in the United States, today officially announced the groundbreaking of its new distribution center in Maumelle, Ark. The 1.2-million-square-foot facility represents an initial investment of $128 million and will be the tenth and largest distribution center in the Tractor Supply network. The distribution center will create nearly 500 new full-time jobs when it opens in late 2023 and service over 300 Tractor Supply stores at full capacity. The facility includes 50,000 square feet of mezzanine space devoted to the Company’s growing eCommerce business.
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Ace Hardware Reports Record Second Quarter 2022 Results

Ace Hardware Reports Record Second Quarter 2022 Results

  • Posted by Contributor
  • On August 24, 2022
  • Cutting Edge Products Magazine, Industry News
Ace Hardware Corporation today reported record second quarter 2022 revenues of $2.5 billion, an increase of $66.1 million, or 2.7 percent, from the second quarter of 2021. Net income was $124.8 million for the second quarter of 2022, an increase of $8.8 million from the second quarter of 2021.
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Build a Healthy Housewares Niche to Drive Sales

Build a Healthy Housewares Niche to Drive Sales

  • Posted by Wanda Lenoir
  • On August 24, 2022
  • Cutting Edge Products Magazine, Industry News
Retail sales revenue from those categories, compared to 2019, has continued to grow by double-digits. This growth indicates that health and wellness is an enduring pandemic trend, which could provide opportunities for consumer spending.
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