Ace Hardware evolves to stay competitive

We all know the competitive pressures The Home Depot and Lowes bring to the market. I see Ace Hardware as the Walgreens or CVS in the face of Wal-Mart or Kroger. I believe Ace Hardware renovating and re-engineering its stores is a smart and necessary move. Will the independent franchisees will come on board so all stores will have a similar layout and selection? I’ve read most those owners who are near retirement age don’t see the payoff for them of making the $150,000 investment, and their Franchise Agreement does not force them to upgrade.

I’ll write more on this another day

• How to Blow the Franchisor’s Business Model
• Strategic Locations
• Junk Hauler
• Using Weather to Increase Sales
• Thoughts on Due Diligence & Exclusive Territories