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View Diary: Why What Happened at Home Depot's Annual Meeting Matters (263 comments)

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  •  No.. (1+ / 0-)
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    Here the local stores are always owned by ACE.  The prices are usually 3X that of home depot or Lowes.  They are also closed on Sundays.

    by naufragus on Wed Jun 14, 2006 at 07:14:05 PM PDT

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    •  It is worth it to get the quality and the service (1+ / 0-)
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      And the lack of aggravation.

      inspire change...don't back down

      by missliberties on Wed Jun 14, 2006 at 07:47:47 PM PDT

      [ Parent ]

    •  Come on now! (4+ / 0-)
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      hhex65, lgmcp, teeb, means are the ends

      Their prices are often lower than the big boys.  I just bought a set of 24 wrenches for $19.99 at my local Ace hardware.  Lowes wanted $29.95 for a smaller set.

    •  Sorry to quibble, but those are dealers. (0+ / 0-)

      Ace owns no stores, to my knowledge. It is in essence a co-op.

      The stores are independently owned, but they are stocked by Ace's warehouses and benefit from Ace's nationwide advertising program.

      Now you will sometimes see Ace Hardware locations under one owner--Westlake, for example, is a pretty good-sized chain in its own right. But they're still independent of Ace in terms of ownership.

      In any case, the principle is pure-d co-op: individuals banding together to achieve economies of scale.

      I always found it interesting that broadcast partners Pat Summerall and John Madden were competitors in the hardware game. Summerall was True Value's spokeman, Madden is still Ace's.

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