Retail Industry
Industry: Email Alert RSS FeedAce Hardware signs letter of intent with Hardware Enterprises de Mexico.(Newsmakers: reporting on the industry)(Brief Article)
Do-It-Yourself Retailing, October, 2003
* Ace Hardware Corp. has struck a strategic alliance in the Mexican hardware market with Hardware Enterprises de Mexico, a wholly owned subsidiary of Commercial Mexicana de Pinturas (COMEX), the largest paint manufacturer in Mexico.
Hardware Enterprises de Mexico has a retail format, Practico Home Center, created in 1996.
"Our new alliance with Hardware Enterprises de Mexico will strengthen Ace's market presence in that country, as well as help retailers operating under the Practico Home Center brand," said Murray Armstrong, managing director-Ace International.
Ace opened its first store in Mexico in 1990, and today has 28 retailers operating 84 retail outlets/points of sale in the Mexican market.
As part of the agreement, Ace will...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
