Paladin Clients Highlighted at Ace Spring Show
Last month at its spring show in Dallas, Ace Hardware both celebrated 100 years in the industry and shared its corporate message with its member stores – “Always play to win, it channels intensity.”
President and CEO John Venhuizen also shared numbers that reflected Ace’s phenomenal growth over the past five years. In 2019, the average Ace store’s annual revenue was $2.5 million. Now, it’s $3.6 million.
An account of the meeting produced by HBS Dealer, Ace Senior Vice President of Retail Strategy and Operations, highlighted the success of RT Ace Hardware in Broken Bow, Nebraska. Joe and Liz Franssen purchased the store – Pracht’s Ace Hardware – in 2021.
Under Joe’s leadership and using Paladin Point of Sale, which is fully integrated with Ace programs, the store has nearly doubled its earnings from $186 per square foot to $368 per square foot, earning it Ace’s valued Pinnacle status. The success has the Franssens preparing to open another store in neighboring Gothenburg. Read more
Tim Burke of HBS Dealer also spoke with Rick and Tara, of Advantage Rental in Oceanville, New Jersey. The store has been with Paladin since 2012. Read more
McKelvey’s TV Opens New Store
Nick McKelvey recently opened a second store in Louisville, Kansas, which was noted in the March Hardware Connection.
Nick’s first store, McKelvey’s True Value, located in Drexel, Missouri, joined Paladin in 2022.
Cole’s Ace Hardware Grand Opening
Cole’s Ace Hardware celebrated its grand opening in Independence, Iowa, in March. The store is part of the Paladin family.
Brad Cole’s store serves the residents of Independence, a community of roughly 6,000 east of Waterloo. Read more
Montana Ace Highlighted for Farm, Specialty Items
Stew Weis’s Montana Ace Eastgate store in Missoula was featured in HBS Dealer in March for its unique product offerings.
Assistant Manager Mary Borrelli, who was recently honored as one of the Top Women in Hardware by the publication, explains how stocking a feed and farm department and carrying both pet products and items “Made in Montana” has turned a slew of occasional shoppers into regulars.
Stew and his Montana Ace stores have been with Paladin since 2010. Read more
Jack’s Hardware Featured
Jack’s Hardware, of Ann Arbor, Michigan, was featured for its sign and wry sense of humor in the March edition of Hardware Connection. Marty Nyrkkanen’s store joined Paladin in 2019.
HBS Dealer
- House-Hasson to Buy Bostwick-Braun
- Ten Decades Helpful
- Orgill Nears Relaunch of Georgia DC
- Retail Sales Move Ahead in February
- Ace Walks Tall in Dallas
- Dealer Opinions on the Do it Best, United Hardware Merger
- True Value Reunion Heads to Orlando this Fall
- Going Local: Ace and ServiceMaster Make a Deal
Hardware Retailing
- Do it Best Launches Data-Focused Tools, Welcomes United Retailers to Spring Market
- True Value Receives International Award for EasyCare Paint Line
- Celebrating a Century in Business, Ace Reinforces Its Relevancy at the 2024 Spring Convention
- Do it Best Adds Paslode to Warehouse
- Do it Best, United Hardware to Merge
- Ace Hardware Announces Partnership with ServiceMaster Brands
LBM Journal
Retail Dive
