Ace Hardware grew system sales by $3.58 billion in 2020 from the year before, a notable increase in any year but especially during the COVID-19 pandemic. Ace ranks No. 1 in largest sales growth by dollars on the newly released Franchise Times Top 400 list. See all of the top 10 franchises here.
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McDonald's posted $93.3 billion in system sales in 2020, down 6.8 percent from the year before, and retained first place on the newly released Franchise Times Top 400, which ranks the largest U.S.-based franchises by global systemwide sales. Here are the rest of the Top 10.
A cold call to Andy Bell, founder of Handyman Matters, from Ace Hardware's CFO Bill Guzik proved fruitful. “I started, frankly, making phone calls and reaching out to different franchise systems around the country, ones that would fit a certain profile,” said Guzik. He was seeking systems “that would be able to use what we sell in our stores,” and a franchise agreement “where we could compel the franchisees to buy from the local store.”
New signage, truck wraps and uniforms for Ace Handyman Services will be revealed March 2, following an acquisition last September.
Ace Hardware is two weeks away from re-launching its new franchise, to be called Ace Handyman Services after an acquisition last September, and has hammered out details about one of 2020's most intriguing new offerings in an amended franchise disclosure document.
One Cannabis is re-branding its retail marijuana dispensaries to Unity Rd, with its sleek store design shown here.
A crew member helps customers at a uBreakiFix store, now a subsidiary of Asurion.
NuSpine COO Aaron Hedlund sent a handwritten note to get an investor’s attention.