Throughout its 85-year history, Ace has been known as the helpful hardware place by both customers and communities.
Throughout its 85-year history, Ace has been known as the helpful hardware place by both customers and communities. For its first 50 years in business, Ace was privately held. In 1976, Ace became a retailer-owned cooperative. Each store is independently owned and operated by local entrepreneurs who, many times, live in the communities they serve.Today, Ace is the largest retailer-owned cooperative and clear leader in the convenience segment of the hardware industry in terms of wholesale and retail sales and strength of the brand. Ace’s 4,600 stores in all 50 states and more than 60 countries generate annual retail sales of approximately $12 billion.Headquartered in Oak Brook, Ill., Ace currently operates 14 distribution centers in the U.S. and one in Shanghai, China. Ace employs approximately 4,500 corporate team members worldwide and has four regional offices, located in Raleigh, N.C; Atlanta, Ga.; Denver, Colo.; and Woodridge, Ill.
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Jun 8, 2018
Lurie Children’s Hospital
|
Grant | $10M | Children | Yes |