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INDUSTRY NEWS

INDUSTRY NEWS

Ace Hardware and ServiceMaster® Brands Announce Multi-Year Agreement

February 29, 2024
Ace Hardware, the world’s largest retailer-owned hardware cooperative, has entered into a multi-year agreement with ServiceMaster® Brands – a leading franchise provider of needs-based residential and commercial services in the restoration, cleaning, moving, and bioremediation industries. The new partnership will enable local franchise owners within the ServiceMaster® organization the ability to buy business supplies with exclusive benefits from locally owned Ace Hardware stores.

Tractor Supply Ties for Top Ranking Amongst Specialty Retailers in American Customer Satisfaction Index (ACSI®) Debut

February 28, 2024
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, announced today it has been ranked first in customer satisfaction in the specialty retailer category according to the American Customer Satisfaction Index (ACSI®) Retail and Consumer Shipping Study 2023-2024. Tractor Supply is one of four specialty retailers to achieve a leading score of 82. This is the company’s first appearance in the index, which measures and analyzes customer satisfaction with more than 400 companies in over 40 industries and 10 economic sectors.

Orgill Welcomes Dealers to the 2024 Spring Dealer Market in Orlando

February 25, 2024
From inspiring model stores and more than 1,200 vendor booths to promotional areas and product showcases, retailers were able to take it all in this week at Orgill’s 2024 Spring Dealer Market held at the Orange County Convention Center in Orlando, Florida. The event, which runs Feb. 22-24, brings together thousands of retailers from around the world to connect with an excited vendor community and shop promotional buys, network with industry-leading vendors and service providers and attend a range of educational sessions.

ACE HARDWARE REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS

February 14, 2024
Ace Hardware Corporation reported fourth quarter 2023 revenues of $2.1 billion, a decrease of $66.7 million, or 3.0 percent, from the fourth quarter of 2022. Net income was $0.5 million for the fourth quarter of 2023, an increase of $5.1 million from a net loss of $4.6 million for the fourth quarter of 2022.

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