Ace Hardware
An American hardware and home-improvement retail cooperative whose independently owned stores share a national purchasing, distribution, service, and brand platform.
Last updated August 31, 2026
Overview
Ace Hardware is an American hardware and home-improvement retail cooperative headquartered in Oak Brook, Illinois. Founded in 1924 by independent Chicago-area hardware merchants, the organization was created to increase purchasing power while preserving local ownership and store-level independence. It initially operated as a purchasing and wholesale organization under the name Ace Stores, adopting the Ace Hardware name in 1931. In 1973, after the retirement of longtime president Richard Hesse, the business was sold to its retail members and reorganized as a retailer-owned cooperative. That structure remains central to the brand: Ace Hardware Corporation supplies merchandise, distribution, technology, marketing, retail support, and other services, while participating stores are generally owned and operated by independent retailers. The cooperative model allows stores to benefit from common scale and branding without becoming conventional corporate branches. Ace’s assortment typically includes hand and power tools, fasteners, paint, decorating supplies, lawn and garden products, plumbing and electrical goods, cleaning products, household repair items, seasonal merchandise, and selected outdoor products. Store ranges and services differ by location because local owners adapt their businesses to community demand. The brand traditionally competes through neighborhood convenience, knowledgeable associates, personal service, and access to products for everyday repairs rather than through the very large warehouse formats associated with some home-improvement chains. Alongside its retail network, Ace has expanded wholesale distribution to independent non-Ace retailers through Emery Jensen Distribution and has developed home-repair services under Ace Handyman Services and Ace Home Services. Its international presence is delivered through licensing, distribution, franchise, and affiliate arrangements, so ownership and operating practices vary by market. By 2019, the cooperative reported more than 5,200 locations in 60 countries, supported by U.S. distribution centers and additional facilities abroad. Ace continues to operate as a private cooperative rather than a publicly traded company, combining centralized supply-chain capabilities with locally managed stores.
History
Ace Hardware began on October 25, 1924, when Richard Hesse, E. Gunnard Lindquist, Frank Burke, and Oscar Fisher combined the purchasing interests of independent hardware stores in the Chicago area. They named the organization Ace Stores after the First World War fighter pilots associated with the term “ace.” The purpose was to improve buying power and profitability without eliminating the independence of participating merchants. Ace Stores was incorporated in 1928 and opened its first warehouse in 1929. The company changed its name to Ace Hardware Corporation in 1931. By 1933, the network included retailers in Illinois, Indiana, and Wisconsin. It introduced the Super Ace Store concept in 1946 and expanded substantially after the Second World War. The number of stores and wholesale activity grew rapidly through the late 1940s and 1950s, and in 1954 participating stores agreed to adopt the Ace Hardware name. By 1959, the organization supplied hundreds of stores and had more than tripled its wholesale sales from the late-1940s level. During the 1960s, Ace strengthened its logistics infrastructure, relocating its warehouse and corporate offices to Bedford Park, Illinois, and adding facilities in Northern California and Georgia to support expansion into western and southeastern states. Founder Richard Hesse retired in 1973. The following year, corporate offices moved to Oak Brook and a distribution center opened in Addison. Ace was then sold to its retailers and restructured as a cooperative. Independent retailers became the company’s exclusive shareholders, while the corporate entity continued primarily as a wholesaler, distributor, and provider of cooperative services. Under chief executive Roger Peterson in the late 1980s and early 1990s, Ace expanded sales and distribution capacity. Its “New Age of Ace” strategic plan, announced in 1994, focused on retail performance, operational efficiency, international growth, and faster store openings. Ace became the largest hardware cooperative in 1996 and the largest American hardware wholesaler by 2001. It continued investing in information systems, distribution centers, retail support facilities, and national marketing. In the 2010s, the company broadened its portfolio through new paint programs, logistics investments, wholesale acquisitions, digital initiatives, and expansion of member services. It launched Clark+Kensington premium paint in 2011, opened major distribution and retail-support facilities, and acquired Emery-Waterhouse and Jensen Distribution Services before forming Emery Jensen Distribution to serve independent retailers outside the Ace network. Ace also acquired Westlake Ace Hardware in 2012 and ACO Inc. in 2019. The company expanded beyond merchandise retail into home services as changing consumer behavior increased demand for professionally performed repairs. Handyman Matters became Ace Handyman Services, while later acquisitions added plumbing, heating, air-conditioning, electrical, and related capabilities. By 2024, Ace Home Services had expanded to hundreds of locations across much of the United States. Internationally, Ace has used licensing and affiliate arrangements rather than a single centrally owned store network. The brand entered Guam in 1963 and subsequently developed operations or licensing relationships across Canada, Mexico, the Caribbean, Latin America, the Middle East, Asia, and Oceania. Its international history includes changes in licensees and local ownership, including the ending of the Ace Canada relationship announced in 2024 and the rebranding of Indonesian stores after the prior license ended. Ace’s present identity remains based on the same combination of cooperative ownership, centralized sourcing and logistics, national brand support, and locally responsive retailing.
- 2024Five-thousandth U.S. location opened
Ace opened its 5,000th domestic location.
- 2023Visalia logistics center opened
Ace opened a large logistics center in Visalia, California.
- 2019Ace Handyman Services created
The Handyman Matters network began transitioning to the Ace Handyman Services brand.
- 2015Wholesale sales exceed five billion dollars
Ace passed five billion dollars in wholesale sales.
- 2012Westlake Ace acquired
Ace acquired its largest member, Westlake Ace Hardware.
- 2011Clark+Kensington launched
Ace introduced its Clark+Kensington premium paint line.
- 1996Largest hardware cooperative
Ace surpassed Cotter & Company to become the largest hardware cooperative.
- 1985Wholesale sales exceed one billion dollars
Ace surpassed one billion dollars in wholesale sales.
- 1973Retailer ownership established
Following Richard Hesse’s retirement, Ace was sold to its retailers and became a retailer-owned cooperative.
- 1963First international store
Ace opened its first international location in Guam.
- 1946Super Ace Store concept introduced
Ace introduced a larger store concept during its postwar expansion.
- 1931Name changed to Ace Hardware Corporation
The company adopted the Ace Hardware Corporation name.
- 1929First warehouse opened
Ace opened its first warehouse to support member-store purchasing and distribution.
- 1928Ace Stores incorporated
The organization was formally incorporated.
- 1924Ace Stores founded
Four Chicago-area hardware entrepreneurs formed a cooperative purchasing organization to improve buying power for independent retailers.
Products and positioning
A community-oriented hardware and home-improvement cooperative emphasizing convenience, helpful advice, local ownership, and service supported by national purchasing and distribution scale.
Hardware and home-improvement merchandiseHardware retail
The core assortment covers everyday repair and maintenance needs, including hand tools, power tools, fasteners, adhesives, plumbing supplies, electrical products, storage items, and related accessories. Exact selection varies by independently owned store, local market, and store format.
Paint and decorating suppliesPaint and home maintenance2011
Ace stores sell interior and exterior paints, coatings, applicators, preparation materials, and decorating supplies. Clark+Kensington became a notable Ace-associated paint line, with manufacturing arrangements changing over time.
Lawn and garden productsGarden and outdoor
This range includes gardening tools, lawn-care products, outdoor maintenance supplies, pest-control items, and seasonal merchandise. Store-level assortment is influenced by climate, season, and local customer demand.
Ace Handyman ServicesHome services2020
A home-repair service network developed from the Handyman Matters acquisition. Its service personnel are described as full-time Craftsmen, and the network provides residential repair and maintenance services through franchise locations.
Ace Home ServicesHome services2022
A broader service platform covering professional residential plumbing, heating, air-conditioning, electrical, and related services through acquisitions and operating partners.
Flagship businesses
- Ace Hardware neighborhood stores
- Ace-branded hardware and home-maintenance merchandise
- Store pickup and local delivery
- Ace Handyman Services
- Ace Home Services
Marketing campaigns
- 2016Helpful associates advertising campaign
United States
Ace introduced commercials centered on store associates solving customers’ practical needs, often adapting the familiar jingle to the specific product or situation shown.
Outcome. The campaign reinforced service and product knowledge as brand differentiators.
- 2016Suntukan sa Ace Hardware
Philippines
A fictional Facebook event proposing a mass fistfight at an Ace store became a viral Filipino internet meme. Ace later acknowledged the joke and staged a harmless photo-op activity at the location instead of any real altercation.
Outcome. The incident became a social-media promotion rather than an actual confrontation.
- 1989Ace helpful hardware advertising
United States
Ace modified its long-running advertising jingle by replacing gender-specific wording with the more inclusive phrase “helpful hardware folks.”
Outcome. The revised wording became part of the brand’s continuing advertising identity.
Brand decisions
- 2024Introduce the ELEVATE3 store conceptStrategy
Ace explored new store formats and merchandising approaches for its independent retail network.
What changed. The company unveiled ELEVATE3, an experimental format intended to elevate prominent brands and planned an initial rollout from January 2025.
Aftermath. Long-term results were not established in the available reference material.
- 2019Acquire Handyman MattersM&A
Ace identified demand for professional repair services as some younger consumers became less likely to perform home projects themselves.
What changed. Ace acquired the Handyman Matters franchise network and transitioned it to Ace Handyman Services.
Aftermath. The service network expanded across the United States and became part of Ace’s broader home-services strategy.
- 2011Launch Clark+Kensington paintProduct launch
Ace sought to strengthen its paint and decorating category with a premium private-label offering.
What changed. Ace introduced the Clark+Kensington paint line.
Aftermath. Production arrangements later involved Valspar and Benjamin Moore.
- 1973Convert Ace to a retailer-owned cooperativeStrategy
After the retirement of longtime president Richard Hesse, Ace’s ownership structure was reconsidered.
What changed. The company was sold to its retailers, which became the exclusive shareholders while Ace continued supplying wholesale, distribution, and support services.
Aftermath. The cooperative structure became the foundation of Ace’s modern business model and enabled independent stores to share national scale.
Leadership
| Name | Title | Tenure |
|---|---|---|
| Roger Peterson | Chief executive officerformer | 1986–1995 |
| Richard Hesse | Founder and presidentformer | 1924–1973 |
| John Venhuizen | President and chief executive officerformer | — |
Controversies
- 1999Ace-branded insert controversyControversy
The American Society of Magazine Editors removed This Old House magazine from an award nomination after determining that an Ace Hardware-branded insert was inappropriate advertising.
Recent events
- 2025Ace and DoorDash announce delivery partnership
Ace and DoorDash announced a delivery program for more than 4,000 independently owned U.S. Ace locations, with access through DashPass.
Other - 2024Ace opens its five-thousandth domestic location
Ace announced the opening of its 5,000th domestic location in the United States.
Other - 2024Ace introduces the ELEVATE3 store concept
Ace unveiled an experimental store format designed to give prominent placement to popular brands, with rollout planned from 2025.
CampaignProduct generation - 2024Ace Canada relationship scheduled to end
Peavey Industries announced that it would end its relationship with Ace International, with the Canadian license ending at the end of 2024 and Ace support ending in 2025.
Other - 2023Ace opens new Oak Brook headquarters
Ace opened a new headquarters campus in Oak Brook, Illinois, in a former McDonald’s corporate facility.
Other - 2019Ace acquires Handyman Matters
Ace announced the acquisition of the Handyman Matters franchise network, which was subsequently rebranded as Ace Handyman Services.
M&A - 2019Ace acquires full ownership of ACO
Ace acquired full ownership of ACO Inc., operator of Great Lakes Ace Hardware stores in Ohio and Michigan.
M&A - 2017Ace Hardware acquires The Grommet
Ace acquired the e-commerce marketplace The Grommet; the site was later shut down in 2022 and sold to GiddyUp.
M&A
Sources
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