HODNIK SHARES HIS 'VISION' OF ACE HARDWARE'S LATEST GROWTH INITIATIVE.

Do-It-Yourself Retailing, June, 2000

* In a recent interview with Do-It-Yourself Retailing, Ace Hardware President and CEO Dave Hodnik offered insight into Ace's latest growth initiative, Vision 21, which calls for Ace retailers to operate more as a chain in order to improve efficiencies at retail and project more of a unified image to consumers in the marketplace.

Do-It-Yourself Retailing: What has been the dealer reaction to Vision 21 and how many retailers have signed up?

Hodnik: It's been very positive and enthusiastic. Most everybody believes we have to make a change. We signed up a little less than 700 retailers at the show via the commitment process. Since the show, we have a total of 800 retailers on board. But this isn't a numbers game. In the long term (three or four years), I...

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