Founded in 1924 as “Ace Stores,” Ace Hardware Corporation is a U.S. hardware retailers’ cooperative headquartered in Oak Brook, Illinois. Rebranded in 1931, the company transitioned to a retailer-owned cooperative in 1973. With over 5,000 locations, Ace Hardware stores offer hardware and home goods, serving local needs. The company’s model supports independent ownership and is known for its slogan.