The company, which was founded to provide a centralized
purchasing organization to supply the found.. read moreers' stores and
others, was incorporated in 1928 as Ace Stores Inc. Its retail
network expanded to hundreds of dealers by 1949, when
annual sales reached about $10 million.
A mural advertisement for Arrow Ace Hardware in St. Peter,
Minnesota.
After Hesse retired in 1973, Ace was sold...
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