HARDWARE STORES

Ace stores open, close in N.C. triad

BY HBSDEALER Staff

An Ace Hardware store in Statesville, N.C., closed suddenly last week, according to the Statesville Record & Landmark, which was unable to reach owner Mike Esposito to discover what happened. 

Signs posted in the store window at the store directed customers to the Cloverdale Plaza shopping center in Winston-Salem. A man doing inventory at the store also told the newspaper the merchandise was being taken to an Ace Hardware store in Winston-Salem.

Currently, Winston-Salem has an Ace Hardware store listed on Robinhood Road. But an article in The Business Journal of Greensboro/Winston Salem reported that a pair of investors have leased a 10,000-sq.-ft. space in the Cloverdale Plaza shopping center and plan to begin construction on an Ace Hardware store next week. A grand opening is scheduled for May.

The new Winston-Salem Ace will be run by the same owners of a 10,000-sq.-ft. store that opened at The Village at North Elm in Greensboro last fall, the report said. Doug Brown will handle day-to-day operations for the stores. Brent Boydston is a silent partner in the venture who helped with site selection.

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After two years of declines, hardware sales are up

BY HBSDEALER Staff

Hardware store sales increased slightly in 2010, according to government data released Tuesday.  

The Census Bureau’s Monthly & Annual Trade Report showed December sales for hardware stores — NAICS code 44413 — reached $1.684 billion in December, the most recent month of available data in this business classification. That unadjusted figure is up 4.5% from the unadjusted figure from December 2009.

For the full year, hardware stores sales were $18.756 billion, up 0.7% from 2009.

It was the first increase in NAICS code 44413 sales since 2007 showed an increase over 2006. 

The data was released Tuesday along with advanced monthly retail sales for January.

 

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Obit: Michael Ross, former Ace buyer

BY HBSDEALER Staff

Former Ace Hardware buyer Michael Ross, 51, died unexpectedly on Feb. 13 after a long period of rehabilitation following a motorcycle accident nearly 20 years ago, according to a notice in the Chicago Tribune

Ross grew up in Skokie, Ill. He is survived by his brother, Harry Ross.

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