Ace Hardware International Holdings, Ltd. opened its first store in Monterrey, Mexico in late October, and the company plans to open 13 additional stores by the end of next year.
The store is the first under Ace’s new “turnkey franchise model” announced in 2020. The company now operates in approximately 70 countries and has opened more than 900 across the world in the past five years.
The Monterrey store is located at Urban Village, Avenida Eugenio Garza Sada 3431, local SA009, Colonia Arroyo Seco.
“We are excited with the grand opening of our first Ace Hardware in Mexico. It is the first of many stores we plan to open,” said Miguel Brunell, Ace Hardware franchisee. “Our team is committed to delivering on Ace’s brand promise of knowledgeable and helpful service, a wide assortment of quality products, and a convenient shopping experience. We look forward to providing our customers with an extraordinary experience and raising the standards of home improvement retail in Mexico.”
Ace International employs 27 staffers at its office in Monterrey. The new store will employ 15 workers.
The company said the franchise program in Mexico offers “a variety of flexible store formats ranging from 300 square meters to 3,000 square meters and offers both Mexican and global brands to meet the needs of the home improvement consumer.”