Monterrey, Mexico — As Ace Hardware continues to grow globally, Ace Hardware International Holdings, Ltd., a subsidiary of Ace Hardware Corporation, opened its first store in Monterrey, Mexico, on October 28, 2021, with plans to open 13 additional stores by the end of 2022. The store is the first under Ace’s new turnkey franchise model announced in 2020. Ace now operates in approximately 70 countries and has opened more than 900 stores globally in the past 5 years. The new Ace Hardware store occupies more than 14,000 square feet, with …
Ace Hardware Corporation
Oak Brook, Ill. — Ace Hardware, the largest retailer-owned hardware cooperative in the world, has opened 110 new stores in 2021, and is planning to open at least an additional 60 stores by the end of the year. Ace operates more than 5,500 locally owned hardware stores in all 50 states and 70 countries, with global sales topping $20 billion. Ace’s unique cooperative business model offers local entrepreneurs not only the ability to become owners of their local store operation, but they also become one of a limited number of …