Ace Hardware Engages with Forum Analytics to Design Specialized Assortment Model
Ace stores – 4,400 of them across the U.S.A. – come in all sizes and shapes. Ace operates small urban stores, large rural stores and everything in between. Ace stores offer a wide variety of hardware and fix-and-replace type products, as well as niche items and services relevant to your community. And of course, every Ace store offers friendly, expert advice and service that sets Ace stores apart from all the rest.
Founded in 1924 by a small group of Chicago hardware store owners, Ace changed the retail landscape by allowing individual stores to purchase merchandise in bulk to save money and buy at the lowest possible price. This partnership enabled even the smaller stores to compete effectively at retail despite larger stores in their market.
Forum Analytics will work closely with Ace to design and implement a set of niche merchandise planning models to provide Ace owners with suggestions on how to maximize the assortment mix within their units to better serve their local customer.
Forum Analytics is a market leader in the development of customized web-based mapping, modeling, and reporting solutions under their SIMMS Online product suite. Based in Chicago and founded in 2001, Forum Analytics has analyzed and developed solutions for companies operating over 100,000 consumer oriented locations in over 100 countries around the globe.