Ace Hardware Corporation, the largest retailer-owned hardware cooperative in the world, has been ranked No. 6 on the 2016 Franchise Times Top 200, the annual list of largest U.S. franchises by worldwide sales.
“The Ace Hardware team is proud to hold its ranking at No. 6 on the Franchise Times Top 200 for the second consecutive year,” said Dan Miller, vp/Retail Operations and New Business. “Ace’s business model is unique in that it offers entrepreneurs the independence and autonomy to completely tailor their businesses to the needs of their local community, while being backed by an award-winning, globally-trusted and successful brand.”
The October 2016 report issued by Franchise Times noted that Ace Hardware was one of the few franchise systems to experience significant growth in the prior year, gaining $557 million in 2015.
According to the company, Ace is connected to the needs of each of its retailers and makes sure to provide retailers with the tools and support to help entrepreneurs prosper as leaders in their local business communities.