Written on April 7, 2005 at 12:02 pm by

Ace Hardware evolves

Filed under Gossip, Interesting one comment

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

Similar Posts:

Article by Ryan Knoll

Ryan is an attorney and valuation specialist residing in Chicago. He chronicles his thoughts and research on FranchisePundit.com. You may reach him by email ryanknoll@gmail.com or mobile telephone 312-715-8115. Read 448 articles by
One Comments Post a Comment
  1. dewey says:
    April 9, 2005 at 12:10 am

    I get as good of service at HomeDepot and Lowes as I do Ace Hardware.  I have found some things cheaper at Ace Hardware (shower rings for $1.99 for example). 

    Reply

Leave a Reply




RSS Discussion Forum

  • Re: De-Identify February 7, 2012
    There are several issues here.1)   Ethics – though your franchisor may not have lived up to your expectations if they are meeting the letter of the law then I am not sure you have the moral upperhand.  If you signed on to pay and advertising fee without... […]
  • Re: De-Identify February 5, 2012
    it would be leaving early..Its a Franchise that has lost over 30 units in the past few years. and is not living up to what we bought into.. advertising fee's are not being used on anything for the franchisee. and there is no support from the franchise... […]
  • Re: De-Identify February 4, 2012
    Quote from: jerichox on February 01, 2012, 08:27:34 AMJust wondering if you guys think its a smart idea for a franchisee to de-identify his store? Also.. Franchises normally have a list of items that need to be changed to the color of ... […]
  • De-Identify February 1, 2012
    Just wondering if you guys think its a smart idea for a franchisee to de-identify his store? Also.. Franchises normally have a list of items that need to be changed to the color of the walls to the lights that hang.. How would you go about doing this.... […]
  • Re: franchise directory January 8, 2012
    Remember if  you approach a franchisor and that franchisor uses brokers you should be able to reduce your franchise fee by the price of the commision they would pay to a broker.    You have bargaining power before you sign the FA not after!!!!Moreover... […]

Blog Categories

Old Posts