Ace Hardware, one of ace hardware post falls the largest hardware stores in the United States, recently posted a blog article discussing how to create an effective social media strategy. The ace hardware post falls article is full of good advice and offers ideas for brands of all sizes. However, one part of the article that caught our attention was the section on post fall strategies. Ace Hardware suggests that you create a “planned post mortem” in order to determine what went wrong with your social media campaign. This is an excellent idea, as it will help you learn from your mistakes and make future campaigns more successful.
Ace hardware posts record quarterly profit
ACE Hardware, Inc.’s (Nasdaq: ACEH) fourth-quarter and full-year 2016 results were ace hardware post falls announced today and show a record quarterly profit. Net income was $44.7 million, or $1.51 per share, up from $35.8 million, or $1.10 per share, in the same period last year. The company’s adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) increased 20% to $103.5 million from $87.4 million in the prior year quarter. “Our strong performance during the fourth quarter was due to our continued focus on operational excellence,” said Chairman and CEO Neil Lucullo. “We generated record sales and Adjusted EBITDA despite having a significant number of retail stores open for only 86 days in the December quarter.” Fourth-quarter net revenue increased 14% to $589.3 million from $512.9 million a year earlier while operating income rose 17% to $101.5 million from $87 million a year earlier. Full-year 2016 net revenue was up 10% to$2 billion compared to 2015 as operating income jumped 31% to$161 million from $136 million the prior year period
Ace hardware revamps website
Since its inception in the early 2000s, Ace Hardware has been a go-to for hardware enthusiasts and do-it-yourselfers. But with the growth of online shopping and the number of options available to consumers, Ace Hardware has seen its sales decline in recent years. To combat this issue, the company has revamped its website and made it more user friendly. The website now features product videos, easy navigation, and a search function. In addition, Ace Hardware is also expanding its product line to include tools and hardware for the home improvement market. This move is hoped to attract new customers and reverse the store’s sales decline.
Ace hardware announces expansion
Ace Hardware is expanding its product lineup with the release of two new routers, the AC1600 and AC3000. Both routers support Nighthawk’s Engenius EAP 628i 802.11ac router chipset, which offers up to 3x the performance of 802.11n technology. Additionally, the Ace Hardware routers both come with three detachable antennas for better range and reliability. The Ace Hardware AC1600 retails for $129.99 and the Ace Hardware AC3000 retails for $239.99.
The Ace Hardware expansion comes as competition heats up in the router market. Other brands like Linksys and Netgear have also released new routers in recent months, vying for a share of the consumer’s dollar. However, with features like Nighthawk’s Engenius EAP 628i chipset, it’s clear that Ace Hardware is aiming higher than its rivals when it comes to performance.