Ace reveals intentions for Canada post TIM-BR MART

SPECIAL REPORT — Ace Hardware, faced with the termination its long-standing partnership with TIM-BR MART Group in just two months, has contacted HARDLINES with an official statement about its intentions here in Canada. The statement, from The Robert Moschorak, president of Ace Hardware International, makes clear the U.S. co-op wholesaler’s intention to remain in Canada.

Here is the statement in full:
“The Ace and TIM-BR MART relationship will end on August 31, 2014. Ace is currently in discussions with other Canadian distributors who are interested in becoming the new master licensee for Canada and serving the needs of our Ace retailers.

“Ace intends to play an important role in the Canadian home improvement market and we look forward to the exciting ‘next chapter’ in making Ace a premier brand in Canada.”