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Ace Hardware Corporation

Ace Hardware Corporation is a retailer-owned cooperative founded in 1924 that supplies over 5,000 independently owned stores worldwide.

Ace Hardware Corporation

Shop Ace Hardware for grills, hardware, home improvement, lawn and garden, and tools. Buy online & pickup today!

General information

Firm type

other

Year founded

1924

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Oak Brook

Corporate office

Oak Brook, IL, United States

Sector focus

Real Estate

Frequently asked questions

Who owns Ace Hardware Corporation?

Ace Hardware Corporation is owned exclusively by its local Ace retail entrepreneurs. Each independently operated store owner holds an equity interest in the parent cooperative, which means the store owners collectively control the enterprise that supplies their businesses.

How is Ace Hardware structured differently from a traditional franchise?

Unlike a conventional franchise where operators pay royalties to a centralized corporation, Ace Hardware is a retailer-owned cooperative. Each store operator owns shares in the parent company and participates in governance, so the corporate entity functions as a shared supply and services platform rather than an external franchisor.

Does Ace Hardware provide distribution and support beyond the United States?

Yes. Ace Hardware states it provides international retail partners with the requirements to build their businesses and operates in over 60 countries. The international division supports store owners abroad with purchasing, branding, and operational frameworks adapted to local markets.

How does the Ace Hardware cooperative generate revenue?

Ace Hardware Corporation generates revenue primarily through the wholesale distribution of products to its member-owners, who then sell directly to consumers. The cooperative's scale in purchasing allows its independent store owners to access competitive pricing, while corporate services support marketing, logistics, and brand development.

What community or philanthropic programs does Ace Hardware run?

Ace Hardware promotes community giving through its 'Ace in the Community' initiative, which focuses on supporting local causes and those in need. Specific foundation or charitable structures are not detailed publicly, but the firm highlights its belief in giving back to the communities its stores serve.

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