DISTRIBUTORS/CO-OPS

Ace CEO gets air time on Fox

BY HBSDEALER Staff

Ray Griffith, the CEO of Oak Brook, Ill.-based Ace Hardware, explained during an interview on Fox Business that consumers will continue to spend on their homes.

“We had a real good first quarter, and so far it’s carrying into April,” said Griffith during a segment described by the network as “Banking on do-it-yourself.”  

Griffith was interviewed in the aisles of Fuller’s Home and Hardware in Hinsdale, Ill., not far from the co-op’s headquarters in Oak Brook.

The Ace CEO gave a non-partisan answer to a question about the possible impact of the upcoming presidential election on business. “I’m like every other consumer in America, I think,” he said. “I’m scared to death of the gridlock in our political system right now and the fact that our politicians won’t address our issues. But that will not stop a good entrepreneurial company and our retailers from serving the needs of our consumers.”

Griffith also said that spending on the care and maintenance of homes will continue for generations.

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May-18-2012 05:43 pm

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DISTRIBUTORS/CO-OPS

True Value signs new three-year deal with ECi

BY HBSDEALER Staff

ECi Software Solutions announced that ECi RockSolid POS has entered into a new three-year agreement with Chicago-based True Value Company. 

The software solutions provider said that the deal will allow more True Value retailers to benefit from RockSolid POS.

“We are very excited about this new partnership with True Value,” says Scott Stanford, President of the ECi LBMH division. “This is a great opportunity to reach out to more True Value retailers with a software solution that is affordable and a team to support their needs.”

ECi RockSolid POS is a Preferred POS Vendor for True Value.

True Value’s Retail Systems Team has been driving adoption of its Preferred POS Vendors for five years. Because True Value’s principal business is not software, it is moving back to a direct sales model where the Preferred POS Vendors sell directly to the retailer, according to ECi. To facilitate this move, True Value has agreed to transfer the sales function to ECi Software Solutions. It will be more effective to have ECi RockSolid, with its robust, targeted sales group, sell directly both to the existing True Value RockSolid retailers, and to retailers not currently on a preferred system.

The software company also said RockSolid accounts for the vast majority of point of sale (POS) system implementations among True Value retailers over the past five years.

 

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Ace Hardware tunes into The Weather Channel

BY HBSDEALER Staff

Ace Hardware, together with The Weather Channel, is offering a $15,000 customized home maintenance makeover for the winner of its "Forecast Fix Up." Launched on April 2, the contest invites consumers to submit photos and a 100-word description of their homes. Nominations will be accepted until April 30 and official rules and details can be found online at weather.com/fixup, as well as on The Weather Channel’s Facebook page. Visitors to the website can also view exclusive home maintenance videos hosted by Lou Manfredini, Ace’s celebrity spokesman, as well as voting criteria and other submissions. 

"Checking the weather is an important step when beginning any home maintenance project, which exemplifies the program between The Weather Channel and Ace," said Ann Brown, senior VP client solutions for The Weather Channel companies. "Pairing our localized weather content with Ace’s expert home maintenance advice delivers on our promise to help viewers live their best life outdoors and Ace’s goal to be the neighborhood resource for homeowners’ home maintenance needs." 

Throughout April and into September, The Weather Channel will feature segments with Manfredini on popular home maintenance projects, such as interior painting, outdoor lawn care, energy efficiency, spring outdoor living, grill maintenance and moving into a new home. The winner’s makeover will be revealed and featured in an extended programming block on The Weather Channel on May 25 and 26. Ace Hardware, headquartered in Oak Brook, Ill., will provide all of the materials for the fix-up project. 

 

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May-18-2012 05:39 pm

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How much credit should be given to the co-op business model for the success of the independent hardware and building supply dealer over the last half century?