Cherry Creek store grills its Ace off
In one of the more colorfully named fundraising traditions in all of hardware, a cook out in Colorado raised money for kids.
The 4th annual Grill Your Ace Off outdoor cooking competition was held at Cherry Creek Ace Hardware in Denver on June 9. Fifteen teams competed for the grand prize, a Big Green Egg ceramic charcoal cooker and bragging rights for the next year.
Cherry Creek Ace Hardware is owned by Andy Carlson of Denver.
Each year, the event is hosted by a Colorado Ace Hardware retailer as a fundraiser for Children’s Miracle Network and Children’s Hospital Colorado. With proceeds from this event, it’s estimated that Rocky Mountain Ace Hardware store owners have donated more than $50,000 to Children’s Miracle Network so far in 2012.
As for the actual competition, the "Smoke & Spice" team took home the grand prize for their chicken sushi, Korean short ribs and Banh Mi sliders. A team called “Plumb Crazy Smoke" took home the People’s Choice award for their barbecue ribs.
Hardware Store All-Stars in N.D., Ohio and Okla.
Home Channel News selected 50 hardware stores — one from each state — for inclusion in the second annual Hardware Store All-Star list. The stores distinguish themselves with strong customer service, innovative approaches to retail, and a connection to community and customers.
The alphabetical listing of All-Star stores continues here, with North Dakota, Ohio and Oklahoma. This trio contains a little something for everyone, and a massive format for DIYers in Ohio.
Manager Glenn Metzger said Mac’s dares to be a little different. While it carries a full line of hardware and supplies, it specializes in heavy-duty items for industrial-sized projects, such as pallet racking and skid steer loader attachments. A bargain barn section features an ever-changing assortment of unique and surplus items — from airline seats and exercise equipment, to Humvee tops and road signs.
Owners Howard and Wayne Miller wanted to build a place known as the “destination” for all household needs, remodeling and home building — to become a “must-see place” in northeast Ohio and beyond. At 285,000 sq. ft., the new Hartville Hardware encompasses 18 acres and features a 37,000-sq.-ft. drive-through lumberyard. Full-scale model homes inside the facility sets this store apart. “We wanted to make a statement,” said marketing manager Christa Domer, a fourth-generation Miller.
Rock Hollow Stone, Garden & Hardware
What started as a sizable rock and stone retail business has evolved into a Do it Best hardware store that also sells giant boulders and a wide selection of landscaping materials. Owner Bob Huddlestone has added kitchen and bath for his female customers, but many of them come just to see the stone waterfall inside the store.
Loss widens at Orchard Supply Hardware
San Jose, Calif.-based Orchard Supply Hardware posted deeper losses for its fourth quarter and full year.
For the quarter, the company’s net loss was $33.57 million, compared with a net loss of $7.24 million in the same quarter last year. For the full year, the net loss swelled to $118.38 million, compared with $14.45 million in the previous year.
Sales for the 89-store hardware and garden stores that focuses on paint, repair and the backyard were $153.09 million in the fourth quarter, up from $141.58 million a year ago. For the full year, sales declined slightly to $657.3 million, down from $660.5 million.
Comparable-store sales on a 52-week basis were down 0.2%.
Still, CEO Mark Baker pointed to signs of “significant progress.”
“We continue to expect comparable store sales growth of 9% to 11% in the first quarter, reflecting our team’s focused efforts during the important spring selling season,” Baker said. “Looking at the balance of the year, we hope to carry this momentum into the second quarter and deliver solid operating results for fiscal 2013.”
So far in 2013, Orchard has opened new stores in Portland and Tigard, Oregon and one in Yorba Linda, Calif., and completed remodels on three locations, which bring Orchard’s total number of neighborhood format stores to 16. Including these store openings, Orchard continues to expect to open at least four new stores and to remodel at least six existing locations, reaching a total of about 20 stores, or more than 20% of the portfolio in the new format, by the end of the year.